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Real Estate

Banff B&B proposal postponed for further legal advice

Banff B&B proposal postponed for further legal advice

A proposal to add a bed and breakfast to the Squirrel/Cougar land use district in Banff was postponed until the municipal planning commission receives additional legal counsel.
Spring Creek Mountain Village receives green energy certification

Spring Creek Mountain Village receives green energy certification

"We were one of the first to adopt geothermal technologies in Alberta to meet our goal: to create a truly sustainable mountain community. This is a nod to my parents and grandparents and to Canmore – a legacy for the town in which I grew up.”
Commercial, residential subdivisions receive extensions

Commercial, residential subdivisions receive extensions

“The primary cause of this is the difficult year we’ve all been through. I can appreciate how that would have slowed down the work the developer is doing. I’m certain the developer would like to get these subdivisions to the point where they can be selling the lot. This seems like a straightforward request.”
New duplex approved in Banff Spray land use district

New duplex approved in Banff Spray land use district

“The intent of the number of dwellings at this property, in the context of the land use district, was to provide for the development into duplex. I think this is consistent.”
Visitor accommodation gets approval in Mallard Alley

Visitor accommodation gets approval in Mallard Alley

“This development feels very much like a residential accommodation and the application is for visitor accommodation. The application is for the visitor accommodation and with the exception of the four variances, it does meet the land use bylaw requirements … I think we’re bound by the requirements of the land use bylaw.”
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.