259-262, 1200 Harvie Heights RoadHarvie Heights T1W2W2 | $2,203,950

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  • Bed9
  • Bath7
  • SQ FT.3,974
  • Year2002
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A2127319
New
Townhomes & Condo
3974 sqft
n/a ac
18 days
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*** (id:34300)

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  • Overview

  • MLS®A2127319
  • Price$2,203,950
  • On Market DateApril 29, 2024
  • ZoningHotel Condo
  • Year Built2002
  • Ownership TypeCondominium/Strata
  • Strata Fees$1,100

  • Interior

  • BasementFull (Partially finished) Walk-up

  • Exterior

  • ExteriorStone, Stucco, Wood siding
  • Storeys2

  • Building

  • FoundationPoured Concrete
  • Finished Area3974 sqft

  • Heating & Cooling

  • Air ConditioningWall unit

  • Rooms

  • 2pc BathroomSecond level5.00 Ft x 5.08 Ft
    3pc BathroomSecond level4.92 Ft x 8.67 Ft
    BedroomSecond level7.75 Ft x 8.67 Ft
    BedroomSecond level8.42 Ft x 8.75 Ft
    BedroomSecond level10.00 Ft x 8.75 Ft
    Primary BedroomSecond level14.42 Ft x 7.17 Ft
    2pc BathroomSecond level3.00 Ft x 5.42 Ft
    4pc BathroomSecond level8.33 Ft x 8.50 Ft
    BedroomSecond level8.33 Ft x 8.50 Ft
    BedroomSecond level8.33 Ft x 8.50 Ft
    BedroomSecond level8.25 Ft x 8.33 Ft
    2pc BathroomMain level5.25 Ft x 5.17 Ft
    4pc BathroomMain level8.58 Ft x 13.67 Ft
    5pc BathroomMain level8.58 Ft x 13.50 Ft