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$ 13,500,000
Est. payment /mo
New
1651 8 AVE NW Calgary, AB T2N1C4
24,086 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 24,086 sqft
Price per Sqft $560
Subdivision Hillhurst
MLS Listing ID A2259507
HOA Y/N No
Year Built 2024
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Multi Family
Property Description
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 tenant appeal in one of Calgary's most sought-after inner-city neighbourhoods.
This well-designed development includes a total of 23 units:
12 four-storey townhomes, each with:
3 bedrooms (most with ensuites)
Private balconies
11 legal basement suites (1 per townhome)
11 titled/private garages
Built with tenant comfort in mind, the majority of townhomes feature ensuite bathrooms for each bedroom, modern open-concept layouts, and private outdoor spaces. The property is centered around a beautifully landscaped communal courtyard with a community garden, promoting resident interaction and enhancing curb appeal.
Strong location fundamentals support both rental income and long-term appreciation potential. Walkable to transit, schools, restaurants, shopping, and recreational amenities.
Property Highlights
Total Units: 23
Townhomes: 12
Basement Suites: 11 (separately metered)
Garages: 11 (titled/private)
Bedrooms (avg): Most townhomes feature 3 bedrooms
Bathrooms: Most bedrooms include private ensuites
Outdoor Spaces: Private balconies for most units; communal courtyard with garden
Parking: 11 private garages + additional street parking
Heating: Forced air / individual units
Zoning: R-CG
Legal Status: Purpose-built with legal secondary suites
Building Size: Insert
Year Built: 2024
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 tenant appeal in one of Calgary's most sought-after inner-city neighbourhoods.
This well-designed development includes a total of 23 units:
12 four-storey townhomes, each with:
3 bedrooms (most with ensuites)
Private balconies
11 legal basement suites (1 per townhome)
11 titled/private garages
Built with tenant comfort in mind, the majority of townhomes feature ensuite bathrooms for each bedroom, modern open-concept layouts, and private outdoor spaces. The property is centered around a beautifully landscaped communal courtyard with a community garden, promoting resident interaction and enhancing curb appeal.
Strong location fundamentals support both rental income and long-term appreciation potential. Walkable to transit, schools, restaurants, shopping, and recreational amenities.
Property Highlights
Total Units: 23
Townhomes: 12
Basement Suites: 11 (separately metered)
Garages: 11 (titled/private)
Bedrooms (avg): Most townhomes feature 3 bedrooms
Bathrooms: Most bedrooms include private ensuites
Outdoor Spaces: Private balconies for most units; communal courtyard with garden
Parking: 11 private garages + additional street parking
Heating: Forced air / individual units
Zoning: R-CG
Legal Status: Purpose-built with legal secondary suites
Building Size: Insert
Year Built: 2024
Location
Province AB
County 0046
Area 0046
Zoning R-CG
Interior
Heating Boiler, High Efficiency, Natural Gas
Cooling Central Air
Inclusions 23 stoves, 23 refrigerators, 23 dishwashers, 23 sets of washers and dryers, all window coverings, 12 airconditioning units, 11 garage door openers and controls
Fireplace No
Exterior
Roof Type Flat Torch Membrane
Total Parking Spaces 23
Garage No
Building
Dwelling Type Townhouse
Foundation Poured Concrete
Others
Restrictions None Known
Listed by Royal LePage Solutions
