November Real Estate News The pulse of Canmore’s real estate market continues to beat strongly as we navigate through the 2023 calendar year. Market dynamics exhibit a vibrant ebb and flow that savvy buyers and sellers should be aware of. As we shift into a late fall real estate market, sales in October declined month over month. Year over year, residential sales in October were up to 26 from 22 and short-term rental use property sales rose to 15 from 11. Active listings are slowly stating to rise as well; residential active listings increased month over month by 11 units to 120 properties. Sh ..read more

October 2023 Real Estate News & Q3 Review We are delighted to bring you the latest updates on the Canmore, Alberta real estate market, and it’s safe to say that the Bow Valley is buzzing with activity! Here’s a snapshot of the market in Q3 2023: An impressive sale surge: total sales for the third quarter surged by an astounding 60% year over year, underscoring the enduring appeal of Canmore’s real estate. Residential sales in Q3 held steady at 89 transactions year over year, reflecting a balanced market that continues to attract homeowners and investors alike. Short-term rental sales in ..read more

September in the mountains is often one of the best months with the changing colours and spectacular days. It is also the month where traditionally, we see the fall real estate market start to pick up. Canmore and the Bow Valley continue to have historically low levels of active standing inventory heading into the fall sales season. We would typically expect to see some more properties coming to market in the next few weeks.  Year over year, active residential listings are down from 117 to 102 properties; for comparison in September of 2019 there were 243 residential listings. Short ter ..read more

We are pleased to have assisted our clients in selling their property at Mystic Springs Chalets; one of Canmore’s most favourite short term rental properties. This two storey townhouse style development has proven AirBnB and VRBO success nearly $90,000 in gross revenue in 2022. Mystic Springs has recently been upgraded with new stainless steel appliances, new light fixtures, new vinyl flooring on the main level and new beds in the bedrooms. One of the most sought after locations at Mystic Springs, the sunny elevated back patio looks onto the central courtyard with a heated pool and hot tub; a ..read more

Canmore Real Estate News | Q2 2023 and July Update It is hard to believe that we are already halfway through 2023. Much has happened in the past six month for Bow Valley real estate. There has been some great headway in creating more housing throughout the Valley: The Town of Banff is looking at changes to their land use bylaws to increase density, allow more suites and relax parking requirements. The MD of Bighorn has passed third reading on the Exshaw Mountain Gateway which will bring much need single family, duplex and multi-unit residential to the community. And Canmore council is workin ..read more

We are pleased to announce the selling of this bespoke mountain home in Banff, ideally positioned in the community. The corner lot allows for sweeping views of Banff’s iconic mountain peaks. With over 3,900 sqft of living space on three levels, this thoughtfully designed home has four bedrooms in the main living space and a legal two bedroom lower suite. The upper level of the home has an open living space with vaulted ceilings and leads out to the spacious upper level deck. The primary suite is on the upper level with views of Cascade mountain from the bedroom; the ensuite bathroom looks u ..read more

We are happy to announce the selling of this spacious two bedroom apartment style hotel condominium with access to the hotel amenities including the indoor pool. Solar Resort in Canmore is consistently one of the mountain town’s top rated places to stay. As an owner you have the option of short term renting this property through platforms like AirBnB or VRBO; 2022 gross revenue for this unit was $75,000 with personal owner use. The commercial visitor accommodation use allows for nightly and weekly rentals. Freshly painted, this bright unit has a full kitchen with additional beverage fridge ..read more

We are pleased to announce the selling of this detached home. With the benefits of condo living, it allows you to enjoy the mountain town you call home. Move in ready, this home has recent upgrades including new flooring, paint, dishwasher and stove, updated lighting, and custom built-ins in the family room. This three-level home, with 1,571 sqft of living space,  has two bedrooms on the upper level with a spacious family room with murphy bed on the lower level. The main floor living space leads out to two decks and the yard. With an attached garage, there is ample space for your mo ..read more

We are happy to have assisted our client with the selling of this South Canmore townhouse. Just steps to Canmore’s Main Street yet privately positioned with a sunny south facing exposure, this townhouse is the ideal mountain retreat. The open concept upper level with vaulted ceilings walks out to the spacious deck with views of Canmore’s iconic peaks while being shaded by mature trees. The primary bedroom on the entry level looking onto the front garden and the second bedroom enjoys the morning east light. A generous interior storage room on the entry level has space for bikes and skis and th ..read more

Sold | 134 Mystic Spring Chalets & Pools We have recently achieved the second highest sale price on record for a property at Mystic Spring Chalets. These short term rental townhomes are consistently amongst the most popular properties in Canmore producing very good revenue via AirBnB and VRBO. For the latest short term rentals for sale, contact Christopher Vincent & Laura Wright ..read more