Cedar Brae Gardens

Cedar Brae Gardens is a well-maintained, four-storey brick and concrete apartment building at 1616 8 Avenue NW in Hounsfield Heights/Briar Hill, built in 1968. With 171 units, this mature low-rise complex offers excellent value for first-time buyers and investors alike. Recent sales have averaged around $249,000, with monthly condo fees averaging roughly $587—a notable feature being that fees include heat, electricity, water, and waste removal. The building is conveniently located near SAIT, the LRT, and downtown Calgary. Residents enjoy amenities including laundry on every floor, party and banquet rooms, bike storage, and a community garden. Before finalizing a purchase, prospective buyers should have a professional review the condo's reserve fund study, financial statements, board minutes, and insurance documentation to understand the building's long-term maintenance obligations and financial health.