Hillhurst Homes with Multi-Family Sub Type

Hillhurst Homes with Multi-Family Sub Type

Welcome to Hillhurst, one of Calgary's most vibrant and eclectic neighborhoods, where community spirit meets urban sophistication. Nestled just north of the Bow River and mere minutes from downtown Calgary, Hillhurst offers an ideal blend of convenience and charm, making it a sought-after destination for families, professionals, and creatives alike.

This community is renowned for its rich history and diverse architecture, showcasing a mix of character homes and modern developments. Among these, you'll find a variety of multi-family housing options that cater to various lifestyles and budgets. Whether you’re looking for a chic condo with stunning city views or a spacious townhouse with a private garden, Hillhurst has something for everyone. The multi-family homes here not only provide an excellent opportunity for investment but also foster a sense of community, allowing neighbors to connect and thrive together.

Hillhurst is also home to a plethora of amenities that enhance the quality of life for its residents. The bustling Kensington area, just a stone's throw away, boasts an array of boutique shops, artisanal cafes, and delightful restaurants, perfect for leisurely afternoons or vibrant nights out. The community is also surrounded by beautiful parks and pathways, ideal for outdoor enthusiasts and families seeking recreational activities.

With a strong sense of community, rich cultural offerings, and a prime location, Hillhurst is more than just a neighborhood; it’s a lifestyle. Explore the possibilities of multi-family living in this enchanting part of Calgary and discover why so many are proud to call Hillhurst home.

Newest Hillhurst Homes with Multi-Family Sub Type

$12,499,999
A2330220 MLS® #
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 offices, and institutional buyers seeking immediate cash flow, long-term appreciation, and attractive in-place financing.

1651 8 Avenue Nw, Calgary

Courtesy of Royal LePage Solutions.
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