Harvie Heights · MLS® A2344980
431
1,424 sq ft · Townhouse · Single Family · built 2028 · 42 days on market
listed by Thomas Krause, RE/MAX Alpine Realty
Exceptional investment opportunity in the heart of the Canadian Rockies, where demand for premium mountain accommodations continues to grow - Banff Legacy Resort, ideally located just 5 minutes from Canmore and right by the Banff National Park Gate, offers an exciting opportunity to invest in a brand-new short-term rental property in the spectacular Bow Valley. Its prime location between Banff and Canmore provides easy access to world-class attractions, outdoor adventures, and vibrant communities, creating lasting value for investors. Designed for vacation accommodation and investment use, these residences allow owners to capitalize on the area’s strong tourism market while enjoying personal use when desired. The unique townhouse-style residences, featuring one or two levels and private entrances, offer resort amenities including a secure underground parkade, a hot tub, and two levels of commercial space. This 4-bed, 3-bath residence is just one example of the homes available, with a variety of floor plans, sizes, color choices and price points. With a beautiful interior and attractively priced, Banff Legacy presents a special opportunity to secure a brand-new short-term rental property at exceptional value. Construction is anticipated to begin in September 2026, with possession expected Spring–Fall 2028. Registration is now open for the October Sales Event. Price including 5% GST which GST-registered purchasers may be eligible to defer. Purchasers should obtain independent tax advice. All dimensions, floor plans, renderings, images, specifications, finishes, features, amenities, and other information shown are preliminary and subject to change without notice. Buyers should rely on the purchase agreement, disclosure statement, and approved plans and specifications for definite details.
20% down at 4.34% fixed (Ratehub.ca), 25 years; strata fee from the listing.
Costs: mortgage $6,858 · strata $1,078 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 3+ bedroom in Alberta: CMHC's average there ($1,848) raised by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
about $7,743 a year
The asking price times M.D. of Bighorn No. 8's 2026 residential rate of 4.92 per $1,000 (municipal and education).
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 13/100 · Car needed for most errands
Within a 10 minute walk: 2 parks and playgrounds.
mihom score from OpenStreetMap places, by straight line distance.