Skip to content

Real Estate

New 74-unit visitor accommodation approved for Bow Valley Trail

New 74-unit visitor accommodation approved for Bow Valley Trail

The Town’s planning commission approved a 74-unit build at 115 Kananaskis Way and 501 Bow Valley Trail following unanimous approval of a pair of minor variances.
The Gateway commercial property moving forward after council approval

The Gateway commercial property moving forward after council approval

“It’s a good development for Canmore. We need what’s being proposed there, particularly in the commercial area,” said Mayor John Borrowman. “There’s a number of residents in the Three Sisters-area that are looking forward to having a large grocery chain and other commercial activities.”
Royal LePage predicts recreational property prices to increase in 2021

Royal LePage predicts recreational property prices to increase in 2021

CANMORE – High demand and low supply in recreational properties across Canada – including in Canmore – is set to drive up prices in 2021, according to the Royal LePage's spring recreational property report.
Banff Lodging Co. acquires Canmore hotel property

Banff Lodging Co. acquires Canmore hotel property

Canmore Lodge was formerly a hotel, bar, billiard club, and liquor store originally built circa 1976.
Median sale price for single detached homes in Canmore increases by 30 per cent in 2020

Median sale price for single detached homes in Canmore increases by 30 per cent in 2020

Heading into 2021, the Canmore real estate market was definitely geared toward sellers as demand for properties in the mountain town soared during the pandemic.
Banff to cut 'red tape' by giving town manager power to appoint development officer

Banff to cut 'red tape' by giving town manager power to appoint development officer

”[It’s] to save time and really cut red tape of having to go back to council for an appointment that’s already contemplated in the land-use bylaw."
Banff Housing Corp. property assessments up 4 to 8 per cent

Banff Housing Corp. property assessments up 4 to 8 per cent

“Value trends have seen the land values staying the same, with buildings down because of a slight amount of depreciation," said assessor Frank Watson of Banff's overall residential assessments dropping about one per cent.
Three Sisters area structure plans receive first reading, public hearing set

Three Sisters area structure plans receive first reading, public hearing set

The Smith Creek and Three Sisters Village area structure plans under consideration by Canmore council represent 80 per cent of the developable land left in the community.
Banff hotels drop $176 million in assessed value

Banff hotels drop $176 million in assessed value

Banff's residential property assessments remain relatively stable, decreasing about one per cent.
Heritage corporation impressed by renovations to former Mel's restaurant

Heritage corporation impressed by renovations to former Mel's restaurant

Banff Hospitality Collective plans to open a new restaurant and tavern in the former Mel's building on Lynx Street.