$2,203,950
FOR SALE

Condo Townhouse

Bedrooms: 9Bathrooms: 7Total Area: 3,974 ft2
Maintenance Fees: $1,100

1200 Harvie Heights Road #259-262
Harvie Heights, AB T1W 2W2

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:47421)
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Listed By MaxWell Capital Realty
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2127319
Last Updated Apr 30, 2024
Property Summary
Property Type Condo Townhouse

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Maintenance Fees $1,100
Price History

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Detailed Information
Bedrooms 9
Bathrooms 7
Total Area 3,974 ft2
Amenities Nearby Recreation Nearby
Community Features Pets Allowed
Features Sauna
Listing Contract Date 2024-04-29
Maintenance Fee Payment Frequency Monthly
Maintenance Fee Type Common Area Maintenance, Insurance, Property Management, Reserve Fund Contributions
Municipal ID 0029005039
Ownership Type Condominium/Strata
# of Parking Spaces 4
Plan 11258459
Property Type Single Family
Structures Deck
Transaction Type For sale
Zoning Description Hotel Condo
Building
Amenities Swimming, Sauna
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer
Basement Development Partially finished
Basement Features Walk-up
Basement Type Full (Partially finished)
Constructed Date 2002
Construction Style (Attachment) Attached
Cooling Type Wall unit
Exterior Finish Stone, Stucco, Wood siding
Fireplace Present Yes
# of Fireplaces 2
Flooring Type Ceramic Tile, Hardwood, Vinyl Plank
Foundation Type Poured Concrete
# of Half Bathrooms 3
Stories Total 2
Total Finished Area 3974 sqft
Type Row / Townhouse
Rooms
Room Level Dimensions Notes
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
BedroomMain level17.92 Ft x 11.58 Ft
BedroomMain level17.92 Ft x 13.25 Ft
Land
Total Size Unknown
Amenities Recreation Nearby
Fence Type Not fenced

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