Multiplex candidate — unit count to verify
1651 8 Avenue NW
Hillhurst, Calgary$12,499,999
- Interior size
- 24086
- Lot size
- 1653
- Year built
- 2021
- Property type
- Multi-family
- Zoning
- R-CG
- Status
- Active
- MLS® number
- A2330220
This is a multiplex candidate, not a verified fourplex.
The licensed record does not confirm exactly four self-contained units. Confirm the configuration with the listing brokerage and City of Calgary records before relying on it.
About this property
Urban Gardens – Rare 23-Unit Offering in Prime Hillhurst LocationExceptional 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 balconies11 legal basement suites (one per townhome)11 titled private garagesBuilt 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 o ffices, and institutional buyers seeking immediate cash flow, long-term appreciation, and attractive in-place financing. (id:66860)
Before you write an offer
Verify the four-unit use, permit history and land-use district against City of Calgary public records — listing descriptions are not planning approvals.
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Inventory changes without notice — status, price and configuration must be verified before relying on them. MLS® listing content is separate from the City of Calgary public-record signals shown elsewhere on this site; public permit and land-use data is not listing inventory. Listing data last updated Oct 15, 2026, 3:17 p.m..