259-262, 1200 Harvie Heights Road, Harvie Heights, Alberta

$2,203,950

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9

Beds

7

Baths

3,974

Square feet

About 259-262, 1200 Harvie Heights Road

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***

Features of 259-262, 1200 Harvie Heights Road

MLS® # A2127319
Price $2,203,950
Bedrooms 9
Bathrooms 7.00
Full Baths 4
Half Baths 3
Square Footage 3,974
Acres 0.00
Year Built 2002
Type Residential
Sub-Type Row/Townhouse
Style 2 Storey
Status Active

Community Information

Address 259-262, 1200 Harvie Heights Road
Subdivision NONE
City Harvie Heights
County Bighorn No. 8, M.D. of
Province Alberta
Postal Code T1W2W2

Amenities

Amenities Indoor Pool, Sauna
Parking Spaces 4
Parking Stall
Is Waterfront No
Has Pool No

Interior

Interior Features Breakfast Bar, Ceiling Fan(s), Jetted Tub
Appliances Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Heating Boiler
Cooling Wall Unit(s)
Fireplace Yes
# of Fireplaces 2
Fireplaces Gas
Has Basement Yes
Basement Full, Partially Finished, Walk-Up To Grade

Exterior

Exterior Features Balcony, Courtyard
Lot Description Private
Roof Metal
Construction Stone, Stucco, Wood Siding
Foundation Poured Concrete

Additional Information

Date Listed April 29th, 2024
Days on Market 30
Zoning Hotel Condo
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMaxWell Capital Realty

Listing Map