Harvie Heights, AB T1W2W2,1200 Harvie Heights RD #259-262
Harvie Heights, AB T1W2W2,1200 Harvie Heights RD #259-262
Harvie Heights, AB T1W2W2,1200 Harvie Heights RD #259-262
Harvie Heights, AB T1W2W2,1200 Harvie Heights RD #259-262
Harvie Heights, AB T1W2W2,1200 Harvie Heights RD #259-262
Harvie Heights, AB T1W2W2,1200 Harvie Heights RD #259-262
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$1,800,000

$2,203,950

18.3%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

9 Beds

7 Baths

3,974 SqFt


SOLD DATE : 06/16/2024

Key Details

Sold Price $1,800,000

Property Type Townhouse

Sub Type Row/Townhouse

Listing Status Sold

Purchase Type For Sale

Square Footage 3,974 sqft

Price per Sqft $452

MLS® Listing ID A2127319

Sold Date 06/16/24

Style 2 Storey

Bedrooms 9

Full Baths 4

Half Baths 3

Condo Fees $1,100

Originating Board Calgary

Year Built 2002

Annual Tax Amount $13,791

Tax Year 2023

Property Description

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***

Location

Province AB

County Bighorn No. 8, M.d. Of

Zoning Hotel Condo

Direction S

Rooms

Basement Full, Partially Finished, Walk-Up To Grade

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Jetted Tub

Heating Boiler

Cooling Wall Unit(s)

Flooring Ceramic Tile, Hardwood, Vinyl Plank

Fireplaces Number 2

Fireplaces Type Gas

Appliance Dishwasher, Dryer, Electric Stove, Refrigerator, Washer

Laundry In Basement

Exterior

Garage Stall

Garage Description Stall

Fence None

Community Features Clubhouse, Pool, Sidewalks, Walking/Bike Paths

Amenities Available Indoor Pool, Sauna

Roof Type Metal

Porch Deck

Total Parking Spaces 4

Building

Lot Description Private

Foundation Poured Concrete

Architectural Style 2 Storey

Level or Stories Two

Structure Type Stone,Stucco,Wood Siding

Others

HOA Fee Include Common Area Maintenance,Gas,Insurance,Professional Management,Reserve Fund Contributions,Snow Removal

Restrictions None Known

Ownership Private

Pets Description Yes

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Listed by MaxWell Capital Realty

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Andy Katoch

Agent | License ID: LDKATOCAN

+1(587) 323-4499

# 203-503 7th St S, Alberta, T1J, 0V1, Canada

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