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Home Communities Hillhurst 1651 8 Avenue NW
$12,499,999 Active
1651 8 Avenue NW · Calgary · T2N1C4
bd ba 24,086 sqft $519/sqft Built 2021
MLS® A2330220 · Listed Jul 17, 2026
Listed by Royal LePage Solutions — Gene Yamada, Christopher York
By the numbers

How this listing measures up

$/sqft $519
vs Hillhurst median +643% community avg $1683K
Sqft per bedroom
Year built 2021
Annual taxes $62,176 2026
Garage 23 spaces
$/sqft distribution

Where this listing sits in Hillhurst

Of 25 active residential listings in Hillhurst, this property at $519/sqft sits in the $500–550 range.
$300–$350/sqft · 4 listings $350–$400/sqft · 1 listing $400–$450/sqft · 0 listings $450–$500/sqft · 2 listings $500–$550/sqft · 3 listings $550–$600/sqft · 4 listings $600–$650/sqft · 1 listing $650–$700/sqft · 2 listings $700–$750/sqft · 2 listings $750–$800/sqft · 1 listing $800–$850/sqft · 1 listing $850–$900/sqft · 0 listings $900–$950/sqft · 0 listings $950–$1000/sqft · 0 listings $1000–$1050/sqft · 1 listing $1050–$1100/sqft · 0 listings $1100–$1150/sqft · 0 listings $1150–$1200/sqft · 0 listings $1200–$1250/sqft · 0 listings $1250–$1300/sqft · 0 listings $1300–$1350/sqft · 0 listings $1350–$1400/sqft · 0 listings $1400–$1450/sqft · 0 listings $1450–$1500/sqft · 0 listings $1500–$1550/sqft · 0 listings $1550–$1600/sqft · 1 listing $1600–$1650/sqft · 0 listings $1650–$1700/sqft · 0 listings $1700–$1750/sqft · 0 listings $1750–$1800/sqft · 1 listing $1800–$1850/sqft · 0 listings $1850–$1900/sqft · 0 listings $1900–$1950/sqft · 0 listings $1950–$2000/sqft · 0 listings $2000–$2050/sqft · 0 listings $2050–$2100/sqft · 0 listings $2100–$2150/sqft · 1 listing $300 $400 $500 $600 $700 $800 $900 $1000 $1100 $1200 $1300 $1400 $1500 $1600 $1700 $1800 $1900 $2000 $2100 $2150 This · $519
Other active listings This listing's price range This listing

About this property

Urban Gardens – Rare 23-Unit Offering in Prime Hillhurst Location Exceptional opportunity to acquire a high-performing, purpose-built multi-unit property in the heart of Hillhurst. Located just a few blocks from Kensington, Riley Park, SAIT, and with direct access to downtown Calgary, Urban Gardens offers long-term stability and strong tenant appeal in one of Calgary's most sought-after inner-city neighbourhoods. This thoughtfully designed development includes a total of 23 units: 12 four-storey townhomes, each featuring: 3 bedrooms (most with ensuite bathrooms) Private balconies 11 legal basement suites (one per townhome) 11 titled private garages Built with tenant comfort in mind, the majority of the townhomes feature ensuite bathrooms for each bedroom, modern open-concept layouts, and private outdoor living spaces. The property is centered around a beautifully landscaped communal courtyard with a community garden, fostering a sense of community while enhancing curb appeal. Fully leased and generating positive cash flow, Urban Gardens offers investors immediate, stabilized income in one of Calgary's premier rental markets. Strong location fundamentals support both consistent occupancy and long-term appreciation, with residents enjoying walkable access to Kensington, SAIT, Riley Park, downtown Calgary, transit, shopping, restaurants, schools, and recreational amenities. A significant investment advantage is the existing assumable CMHC-insured mortgage at 3.729%, maturing December 1, 2030 (subject to lender and CMHC approval). This below-market financing presents a rare opportunity for qualified purchasers to secure favourable debt, enhancing cash flow and reducing financing costs while acquiring a stabilized, income-producing asset. Rarely do stabilized, purpose-built multifamily assets with assumable CMHC financing become available in Calgary's premier inner-city market. Urban Gardens represents an exceptional opportunity for private investors, family offices, and institutional buyers seeking immediate cash flow, long-term appreciation, and attractive in-place financing.

Property details

Style2 Storey
HeatingBoiler,High Efficiency,Natural Gas
CoolingCentral Air
LevelsThree Or More
Inclusions23 stoves, 23 refrigerators, 23 dishwashers, 23 washer/dryer sets, all window coverings, 12 air conditioning units, 11 garage door openers and controls
Lot size17792.00 sqft
PatioDeck
Year built2021
RoofFlat Torch Membrane
FoundationPoured Concrete
Parking featuresParkade
Garage spaces23
Parking total23
Annual taxes$62,176
Tax year2026
Possession30 Days / Neg
ZoningR-CG
TitleFee Simple
RestrictionsSee Remarks
NeighbourhoodHillhurst
List AORCalgary

Location

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About Hillhurst

AI-generated summary

Hillhurst is a lively, walkable inner-city neighbourhood with a strong community character, blending heritage charm with modern energy along its popular 19th Street and Kensington Road corridors.

Adjacent to the Bow River pathway system, offering year-round cycling and walking routes
Home to Hillhurst-Sunnyside Community Association, one of Calgary's most active community organizations
Close proximity to SAIT and downtown makes it popular with professionals and post-secondary students
Housing
The area features a mix of character homes, infill duplexes, renovated bungalows, and low-rise condos, reflecting a neighbourhood in active transition.
Transit
Hillhurst is highly walkable and bikeable, with easy access to downtown via the Bow River pathways and multiple CTrain stations nearby in Sunnyside.
Amenities
Residents enjoy an exceptional concentration of independent cafés, restaurants, boutiques, yoga studios, and the Kensington Village retail district steps away.
Who lives here
A diverse mix of young professionals, families, and long-term residents who value urban convenience, community connection, and an active lifestyle.
Full Hillhurst community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Royal LePage Solutions — Gene Yamada, Christopher York.