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

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