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Commercial Real Estate

Kensington/Hillhurst Commercial Real Estate Listings

Find Kensington/Hillhurst commercial real estate listings for sale or lease. Our commercial real estate specialists help investors and business owners find the perfect retail spaces, office buildings, and multi-unit properties in Kensington/Hillhurst.

From location selection to appraisals to property management, your commercial real estate agent will help you make informed decisions about Kensington/Hillhurst commercial properties.

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FEATURED LISTINGS

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Commercial Real Estate Information May 6, 2026

View Detailed Kensington/Hillhurst Real Estate Statistics

Kensington/Hillhurst Commercial Real Estate Information

Our Commercial Real Estate Practitioners expertly represent all aspects of commercial investments, for both acquisitions and dispositions. We work with large investment groups, REITs, and individual investors to provide comprehensive market knowledge, financing strategies, and investment opportunities in the Kensington/Hillhurst area.

Kensington/Hillhurst Multi-Unit Commercial Real Estate

Kensington/Hillhurst Community Overview

Find answers to the most common questions about Kensington/Hillhurst, one of Calgary's most beloved inner-city neighbourhoods, known for its charming main street, independent shops, vibrant community spirit, and stunning Bow River views.

Where is Kensington/Hillhurst located in Calgary?

Kensington/Hillhurst is located in the northwest quadrant of Calgary, just across the Bow River from downtown. The neighbourhood is bordered by the Bow River to the south, 14th Street NW to the west, and the communities of Sunnyside to the north and west. Kensington Village forms the commercial heart of the area along Kensington Road and 10th Street NW. The historic Sunnyside LRT Station is located at the southern edge of the neighbourhood.

What is the history of Kensington/Hillhurst?

Hillhurst is one of Calgary's oldest residential areas, with development beginning in the early 1900s. The neighbourhood was originally part of the town of Hillhurst, which was annexed by Calgary in 1908. Kensington Village, the commercial strip along Kensington Road and 10th Street NW, grew around the streetcar line that crossed the Louise Bridge, becoming a thriving local shopping district. After a period of decline in the 1970s and 1980s, Kensington experienced a revitalization in the 1990s, transforming into one of Calgary's most eclectic and desirable inner-city neighbourhoods, known for its heritage buildings, independent shops, and walkable charm.

What makes Kensington/Hillhurst unique?

Kensington/Hillhurst is beloved for its intimate, walkable main street, independent retailers, and strong sense of community. The neighbourhood's unique character comes from its historic brick buildings, tree-lined residential streets, and the mix of boutiques, bookstores, cafes, and restaurants. Kensington is also known for its artsy, bohemian vibe, with public art installations, community events, and a vibrant patio culture. The location on the Bow River provides stunning downtown views, and the community's nickname is "Kensington Village." The area is also home to the highly active Hillhurst-Sunnyside Community Association.

What types of homes are available in Kensington/Hillhurst?

Kensington/Hillhurst features a mix of early 20th-century character homes, including Victorian, Edwardian, and Craftsman-style houses. The area also has modern luxury infills replacing older homes, low-rise condominium buildings, and converted warehouse lofts in the commercial area. Many character homes have been beautifully restored, while others have been replaced with contemporary infills. The neighbourhood is popular with professionals, artists, and families seeking an inner-city lifestyle.

What is the average home price in Kensington/Hillhurst?

The average home price in Kensington/Hillhurst varies significantly by property type. Single-family detached homes (character homes and luxury infills) typically range from $800,000 to over $2 million. Condominium apartments are more affordable, ranging from $350,000 to $850,000 depending on size, age, and building. The average household income in the wider Hillhurst community is approximately $110,000, reflecting the neighbourhood's desirability and central location.

What schools are in or near Kensington/Hillhurst?

Kensington/Hillhurst is served by several excellent schools in the surrounding area:

Hillhurst School (K-6) – Located within the community on 12th Street NW
Queen Elizabeth School (6-9) – Located in nearby Scarborough
Western Canada High School (10-12) – Across the river, offering International Baccalaureate and French Immersion programs
St. Michael's School (K-9) – Catholic school in the community
St. Mary's High School – Catholic high school in Beltline
University of Calgary – Approximately 10 minutes away via the C-Train

What are the best shops and boutiques in Kensington?

Kensington is famous for its independent shops and boutiques. Local favourites include:

Pages Books – A beloved independent bookstore since 1981
Steeling Home – Unique home décor and gifts
Martha Viola – Women's fashion boutique with curated collections
Reid's Stationers – High-quality stationery and paper goods
Little Shop of Claire – Vintage and retro clothing
The Kinder House – Curated children's toys and books
Blackwell Candle Company – Locally made candles and home fragrance

What are the best restaurants and cafes in Kensington?

Kensington's dining scene is diverse and creative. Local favourites include:

Cookie Lab – Famous for gourmet cookies, open until midnight
Irving's Kitchen – Farm-to-table breakfast and lunch
Hi Ground Coffee – Popular coffee shop with plant-based options
Ox and Berkeley – Modern British gastropub
VJ's Drive Inn – Legendary burger spot since 1976
The Belvedere – Irish pub with live music and rooftop patio
Hayden Block Smoke & Whiskey – Texas-style BBQ and whiskey bar

What parks and green spaces are in Kensington/Hillhurst?

Kensington/Hillhurst has excellent access to parks and natural areas:

Riley Park – A beautiful historic park with a picnic shelter, gardens, and the Hillhurst-Sunnyside Community Centre
Bow River Pathway System – Direct access to Calgary's extensive riverside trail network
Bow River Promenade – Scenic walking path along the riverbank with downtown views
McDougall Centre Park – Small green space at the southern edge
Queen Elizabeth Park – Just across the river, featuring a lagoon and walking trails

What are the transportation options in Kensington/Hillhurst?

Kensington/Hillhurst is exceptionally well-connected:

Sunnyside LRT Station – Located at the southern edge, providing direct C-Train access to downtown, SAIT, and the University of Calgary
Multiple bus routes – Including Route 1 (Bowness/Forest Lawn) and Route 19 (Dalhousie/Lynnwood)
Bow River Pathway – Connects to the city's extensive cycling network
Car Share & E-Scooters – Multiple Communauto vehicles and e-scooter rentals available
Walk Score – Excellent, most errands can be accomplished on foot
Commute to Downtown – Less than 5 minutes by car, 10 minutes by LRT, or 15 minutes by bike

What annual events take place in Kensington?

Kensington hosts several beloved community events:

Kensington Sunfest & Sidewalk Sale – A summer celebration with street performers, live music, and sidewalk sales
Kensington Art Walk – Annual event showcasing local artists
Kensington's Night of Lights – Holiday season celebration with Christmas tree lighting
Halloween on Kensington Road – Family-friendly trick-or-treating with local businesses
Hillhurst-Sunnyside Farmers' Market – Seasonal market at the community centre

What is the demographic profile of Kensington/Hillhurst?

The Hillhurst-Sunnyside area (which includes Kensington) has a population of approximately 8,500 residents. The neighbourhood has a young, educated demographic, with many professionals, artists, and students. The average age is around 35, and the average household income is approximately $110,000. The homeownership rate is about 55%, with a mix of owners and renters. The area is known for its high walk score, cycling-friendly streets, and active community association.

Is Kensington/Hillhurst a good place for families?

Yes, Kensington/Hillhurst is an excellent community for families. The neighbourhood is home to Hillhurst Elementary School and St. Michael's Catholic School, and families have access to Riley Park, the Bow River pathways, and the community centre. The area has a strong, engaged Hillhurst-Sunnyside Community Association that organizes family-friendly events throughout the year. While denser than suburban neighbourhoods, families value Kensington for its walkability, green spaces, and central location.

Is Kensington/Hillhurst dog-friendly?

Absolutely! Kensington/Hillhurst is a very dog-friendly neighbourhood. The Bow River pathways are popular for dog walking, and Riley Park has plenty of green space and an off-leash area. Many cafes and pubs have dog-friendly patios, including Ox and Berkeley and several coffee shops. You'll also find pet supply stores like Petcetera within walking distance.

What is the Hillhurst-Sunnyside Community Association?

The Hillhurst-Sunnyside Community Association (HSCA) is one of Calgary's most active community associations. It operates the community centre located in Riley Park, offering programs and events for all ages including fitness classes, children's programs, community dinners, and seasonal festivals. The HSCA also advocates for local issues, helps maintain community green spaces, and runs the Hillhurst-Sunnyside Farmers' Market. Membership is open to all residents and provides voting rights at annual general meetings.

Retail Commercial Real Estate

Retail properties in Kensington/Hillhurst range from individual shops to large shopping centers. Retail spaces offer excellent visibility and customer traffic, with opportunities for stand-alone buildings or multi-tenant locations.

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Frequently Asked Questions About Kensington/Hillhurst Commercial Real Estate

What types of commercial properties are available in Kensington/Hillhurst? +

Kensington/Hillhurst offers a diverse range of commercial real estate including retail storefronts, office buildings, industrial warehouses, multi-unit residential revenue properties, mixed-use developments, and land for commercial development. Our inventory includes both for-sale and lease options to accommodate various business needs and investment strategies.

How do I finance a commercial real estate purchase in Kensington/Hillhurst? +

Commercial real estate financing differs from residential mortgages. Options include traditional bank loans (typically requiring 20-30% down), CMHC commercial loans, private lending, and vendor take-back financing. Our commercial specialists can connect you with lenders experienced in Kensington/Hillhurst commercial transactions and help you prepare a strong application package.

What is the current commercial vacancy rate in Kensington/Hillhurst? +

Commercial vacancy rates vary by property type and specific location within Kensington/Hillhurst. Generally, retail spaces see 5-8% vacancy, office spaces 8-12%, and industrial spaces 3-6%. Our team provides current market absorption rates and vacancy statistics to help you make informed investment decisions. Contact us for the most recent quarterly commercial market report.

How long does it typically take to lease commercial space? +

Leasing commercial space in Kensington/Hillhurst typically takes 2-6 months from initial search to signed lease, depending on market conditions, property type, and negotiation complexity. Allow additional time for tenant improvements and permitting. Our commercial agents streamline this process by identifying suitable properties and negotiating favorable lease terms.

Do I need a commercial real estate agent to buy or lease property? +

While not legally required, working with a commercial real estate professional is highly recommended. Our agents provide access to off-market properties, accurate comparable sales data, lease negotiation expertise, and insight into zoning and development regulations specific to Kensington/Hillhurst. Best of all, tenant and buyer representation is typically at no cost to you — the landlord or seller pays the commission.

What due diligence should I perform before buying commercial real estate? +

Key due diligence steps include: property condition assessment (building inspection), environmental site assessment, zoning verification, title search, review of existing leases (for income properties), financial analysis of operating costs, and appraisal. Our commercial team coordinates these investigations and helps you interpret findings to mitigate risk.