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Stories Tagged - Canmore

A conceptual rendering of Brookfield Residential’s upcoming Rowan Park development, demonstrating the company's vision for four-season living in the community.
Courtesy Brookfield Residential

Jan. 17, 2018 | Barb Livingstone

Gateway to the west

New developments on Calgary's western edge hope to raise the bar for active, outdoor living

Two major developments in Calgary's northwest will soon solidify the area's reputation as the gateway to Rocky Mountain recreation and winter adventure.

While the nearby Trans-Canada Highway will guide future residents towards mountain playgrounds in Canmore and Banff, the communities of Rowan Park and Medicine Hill will offer their own built-in recreational amenities.

At Carraig Ridge, Ian MacGregor wanted to blend the design of the homes into the beauty of the environment – his personal home, the Rock House, is a testament to that vision.
Photos courtesy Bent René Synnevåg

July 12, 2017 | Andrea Cox

Rocky Mountain high

Ian MacGregor's Rock House at Carraig Ridge melds mountain views with modern, sustainable design

Ian MacGregor has always loved the mountains. So when the oil and gas executive decided to develop close to 700 acres of his personal land halfway between Cochrane and Canmore, he utilized his entrepreneurial expertise to parlay that love into an innovative plan – one that would protect the environment and offer a leading-edge, sustainable model of estate-style rural living.

Getty Images

July 12, 2017 | Andrea Cox

The great outdoors

Long-time Canmore resident's mountain-lifestyle love affair continues with new Spring Creek condo

Jeff Taylor is a vibrant outdoor enthusiast who loves to ski, hike, bike and race cars. He's lived in Canmore for close to 20 years and can't say enough about the mountain lifestyle.

When he began his home finding mission, he knew that he would confine his search to the Bow Valley. He was looking to purchase a one-bedroom plus den condominium with a great view, one that was big enough to store all of his sporting toys and within walking distance of the quaint stores, pubs and restaurants on Canmore's lively main street. He found exactly what he was looking for at Creekstone Mountain Lodge in the master-planned community of Spring Creek.

Nestled in amongst the Rocky Mountains, Spring Creek is a community that wants to appeal to everyone, from young families to seniors.

Feb. 16, 2017 | Barb Livingstone

Ticking all the boxes

Canmore's Spring Creek aims to give seniors care options in a resort-like setting

Having to leave your home and the community you love, when it comes time to downsize or when you need extra care, is one of the worst things about aging.

While even the most grandiose new communities try to tick all the boxes that allow aging in place – like live/work units, mixed-use services, and a range of options from affordable to luxury single family and mutli-family homes – not all can claim to package those choices in a walkable, resort setting.

However, a 70-acre development in the mountain village of Canmore, is checking off every one of those uses in what is a "legacy" project for developer Frank Kernick.

The Town of Canmore is planning to look at three proposals that would turn the four-acre (1.6 hectare) Moustache Lands site into employee housing and/or purpose-built rentals. Photo courtesy Town of Canmore.

Nov. 28, 2016 | Barb Livingstone

Canmore tackles affordability

Three companies to submit RFPs for Moustache Lands

The "moustache" that lies at the entrance to Canmore from Calgary will soon boast a residential development designed to alleviate the mountain resort town's lack of affordable, available housing.

The four-acre (1.6 hectare) site — known as the Moustache Lands because the property is composed of loops created by the interchanges off the TransCanada Highway — is owned by the municipality, which has now shortlisted three potential developers to respond to a Request for Proposal (RFP).

An estimated one-third of all sales over the past four months at the Creekstone condo project in 
Canmore’s Spring Creek development have been to foreign buyers. Supplied photo

Oct. 14, 2016 | Barb Livingstone

New homes, new buyers

Homebuilders, developers cite international interest in region

Over the past four months, one-third of the 11 sales at the luxury Creekstone condo project in Canmore's Spring Creek development have been to foreign buyers.

And while there have been no purchasers from China — yet — developer Frank Kernick said it is "just a matter of time" before they come.

The Okanagan Valley is seeing more 
buyers from the Lower Mainland and Vancouver Island tan east of the Rockies. CREB®Now file photo

Sept. 07, 2016 | CREBNow

The many faces of rec

Out-of-town property market continues to evolve

Canada's recreational property market continues to transform itself, most recently the beneficiary of record-low interest rates, a new wave of retiring baby boomers and a favourable exchange rate, according to a recent survey.

The 2016 RE/MAX Recreational Property Report, which surveyed RE/MAX agents and brokers, noted the low Canadian dollar is having a positive effect on the country's recreational property markets. Canadians, mainly boomers, who bought properties in the U.S. when U.S. real estate prices were comparably low are selling them at a profit and investing in Canadian recreational markets, it said.

The RE/MAX survey signaled out Canmore and Sylvan Lake as two of Canada's top recreational property destinations. It noted retirees seeking an active lifestyle continue to be an important driver of demand in Canmore, where the median price (May 2015 to April 2016) was $533,090.

Situated between two natural-flowing creeks, the Malcolm Hotel and Conference Centre in Canmore will feature 124 rooms and 6,500 square feet of meeting and banquet space. Illustration courtesy dHZ Media.

May 13, 2016 | Cody Stuart

Canmore hotel and conference centre gets green light

First traditional hotel in town in 20 years 

The Town of Canmore has approved plans for a 124-room hotel and conference centre at Spring Creek.

Following a year of record-breaking tourism, the Malcolm Hotel will help address accommodation for the increasing number of visitors to the town.

Located in the heart of Canmore, it will be the first traditional hotel built in the town in 20 years.

Developer Frank Kernick says the majority of buyers for his Spring Creek project in Canmore still come from Alberta. Photo by Michael Buckley.

April 06, 2016 | Cody Stuart

Westward Bound

Calgarians playing a role in driving home sales outside of the city

Founded largely by intrepid pioneers who ventured west on the then fledgling Canadian Pacific Railway, Calgary is now seeing another western excursion.

With home sales in the city facing downward pressure as a result of a weakening labour market, markets west of the city – small and large – are seeing increased activity, thanks in part to Calgarians continued urge to drive westward.

From as near as the Rocky Mountains to as far as the West Coast, Calgarians are being pointed to as contributing factors in real estate markets outside of the city.

As the developer behind Canmore's Spring Creek, a $38-million "active lifestyle community" for seniors, frank Kernick has seen the impact of Calgary buyers outside of the city.

"From the demand point of view, the last three months in Canmore have probably been the strongest January, February and March I've seen in 10 years," said Kernick.

Aug. 27, 2015 | Barb Livingstone

North by northwest

Americans and Albertans alike looking to the mountains for recreation homes

The old truism of "location, location, location" applies as equally to recreation property as it does to a good piece of primary real estate. And it may become even more important in a tight economy.

Alberta's recreational property market — much of it located in the mountain areas and lakes within an hour and a half of Calgary — continues, at least for now, to be fairly strong.

With the decreasing Canadian dollar, American buyers coming from a healthier economy are once again looking at Alberta property while local buyers may be seeking cottage life closer to home.

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