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1651 8 Avenue NW
Hillhurst Calgary T2N 1C4

$12,499,999
Multi-Family 24,086 sq. ft. built: 2021

Main Photo: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 1: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 2: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 3: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 4: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 5: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 6: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 7: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 8: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 9: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 10: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 11: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 12: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 13: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 14: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 15: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 16: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Photo 17: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2330220
Year Built:
2021
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 Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Home Style:
2 Storey
Total Living Area:
24,086.4 sq. ft.
Lot Area:
17,792 sq. ft.
Levels:
Three Or More
Year built:
2021 (Age: 5)
Bathrooms:
- (Full:-, Half:-)
Plan:
6219L
Heating:
Boiler, High Efficiency, Natural Gas
Foundation:
Poured Concrete
Structure Type:
Other
Roof:
Flat Torch Membrane
Ensuite:
No
Cooling:
Central Air
Garage:
No
Garage Spaces:
23
Parking:
Parkade
Parking Places:
23
Parking Total/Covered:
23 / -
Northwest
Hillhurst
23 stoves, 23 refrigerators, 23 dishwashers, 23 washer/dryer sets, all window coverings, 12 air conditioning units, 11 garage door openers and controls
See Remarks
Title to Land:
Fee Simple
Patio And Porch Features:
Deck
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Jul 17, 2026
  • Photo 1: 1651 8 Avenue NW in Calgary: Hillhurst Row/Townhouse for sale : MLS®# A2330220
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Listed by Royal LePage Solutions
Data was last updated August 26, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
34
Avg list price:
$2,925,000
Min list price:
$989,900
Max list price:
$12,499,999
Avg days on market:
71
Min days on market:
2
Max days on market:
404
Avg price per sq.ft.:
$583.02
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.