Hillhurst Homes with Multi-Family Sub Type

Hillhurst Homes with Multi-Family Sub Type

Welcome to Hillhurst, a vibrant and eclectic community nestled in the heart of Calgary, Alberta. Known for its charming tree-lined streets and a rich tapestry of cultural influences, Hillhurst is a haven for those seeking a dynamic urban lifestyle paired with a sense of community. With easy access to the Bow River pathways and the bustling Kensington district, residents enjoy an abundance of local shops, cafes, and recreational opportunities right at their doorstep.

Hillhurst is particularly appealing for families and investors alike, thanks to its diverse range of homes, including multi-family properties that cater to a variety of living arrangements. Whether you're looking for a cozy duplex, a spacious townhouse, or a modern condo, this community offers versatile options to suit your needs. These multi-family homes not only provide ample space for growing families but also present an excellent opportunity for rental income, making them an attractive investment choice.

The community is well-served by schools, parks, and community centers, ensuring that residents have access to quality education and recreational activities. Hillhurst also boasts a strong sense of community spirit, with regular events and markets that bring neighbors together, fostering connections and friendships.

With its perfect blend of urban convenience and suburban charm, Hillhurst is more than just a place to live; it’s a lifestyle. Explore the possibilities of making this remarkable community your home and discover the unique charm that Hillhurst has to offer!

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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