Active
1200 Harvie Heights Road Unit: 259-262
Harvie Heights Alberta, T1W2W2
$2,203,950
$554.59 per sqft
Active
9 Beds
7 Baths
3,974 sqft
Townhomes
Built in 2002
Investor/Developer alert! Discover a truly exceptional opportunity nestled in the picturesque landscape between Canmore and Banff in the coveted Harvey Heights area. This property isn't just another real estate listing; it's a gateway to unparalleled investment potential and a lifestyle unlike any other in the Bow Valley.
Imagine owning not only three luxurious townhomes but also a commercial amenity unit boasting a pool and sauna - a unique combination poised to unlock multiple streams of revenue. With its prime location and exclusive amenities, this property presents a rare chance to tap into the thriving short-term rental market while also tapping into multiple passive revenue channels.
The centerpiece of this offering is the private amenity building, complete with an indoor pool and sauna. Beyond providing an exclusive retreat for guests, this amenity has the potential to generate substantial membership revenue from other owners in the resort as well as residents in the Harvie Heights community, adding yet another dimension to the property's income potential.
Comprising nine bedrooms and three kitchens spread across three townhomes, this property offers great versatility. Whether rented as individual suites during quieter seasons or combined for larger gatherings such as corporate retreats or family reunions, the accommodation can cater to groups of up to 29 guests. Each unit enjoys stunning south-facing views, providing guests with a breathtaking backdrop to their mountain getaway.
Moreover, the addition of a commercial laundry facility on the lower level further enhances the property's appeal. With the right renovations, furnishings, branding and expert management, this property is poised to generate over $400,000 in gross revenue annually, solidifying its status as one of the most lucrative investment opportunity in the Bow Valley.
Additionally, the property's proximity to the soon-to-open GEM wedding and event center adds further allure. Guests can enjoy the convenience of being just a short walk away from this premier venue, positioning the property as an ideal choice for wedding parties, event attendees, and leisure travelers alike. **Note, GST is included in this price and may be deferred under the Excise Tax Act***
A2127319
MLSⓇ ID
April 29, 2024
Listed
February 21, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
9
Total Bathrooms
7
Full Bathrooms
4
Half Bathrooms
3
Interior Features
Breakfast Bar, Ceiling Fan(s), Jetted Tub
Appliances
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Laundry Description
In Basement
Floor Description
Ceramic Tile, Hardwood, Vinyl Plank
Fireplace
Yes
Fireplace Description
Gas
Cooling
Yes
Cooling Description
Wall Unit(s)
Heating
Yes
Heating Description
Boiler
Exterior/Building Features
Exterior Features
Balcony, Courtyard
Lot Features
Private
Architectural Style
2 Storey
Roof
Metal
Patio And Porch
Deck
Other Property Details
Days on Market
44
Association Fee
$1,100
Association Amenities
Indoor Pool, Sauna
Garage
No
Parking
Stall
Parking Total
4
View
No
County
Bighorn No. 8, M.D. of
Pets Allowed
Yes
Pool
No
Zoning
Hotel Condo
Courtesy of MaxWell Capital Realty, Devin Stephens
Listing Contact:
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Data last updated 3:28 PM UTC, 2/21/2025