Outlined just before construction, luxurious Canmore townhouse sells for $1,418,730 right after 415 days on industry

805 5th St., No. 1, Canmore, Alta.

Asking selling price: $1,429,230 (February, 2020)

Marketing price tag: $1,418,730 (March, 2021)

Former selling cost: Not relevant

Taxes: Not applicable

Days on the current market: 415

Listing brokers: Drew Betts and Brad Hawker, Royal LePage Rocky Mountain Realty

The motion

Final calendar year, a Calgary-dependent, boutique property builder ventured to Canmore, a tiny city in close proximity to Banff Nationwide Park, and constructed eight luxury townhouses. This 4-bedroom product was the to start with 1 outlined in the Craftsman-inspired collection – even prior to they started building.

“The builder has a excellent popularity, although not in this current market,” claimed listing agent Brad Hawker, who anticipated prospective buyers would be hesitant to acquire from floor plans.

“This was [also] a northeast-struggling with unit, which would not have as substantially sun as the south-experiencing units, so the south-struggling with models bought a lot quicker.”

What they acquired

In close proximity to downtown Canmore, Sticks & Stones Personalized Homes teamed up with Landstar Development Corp. to create two fourplexes containing two- and 4-bedroom units with road stage entrances and crafted-in garages.

This three-level unit is between the greater established with 2,227 square ft of residing area. On the ground ground, there is a bedroom with heated flooring. The flooring over has a person bedroom, open up cooking and eating quarters, an entertaining house with a stone fireplace, wooden-beamed ceilings, partitions of home windows and French doorways to a deck.

The top rated-floor accommodates laundry services and two sleeping quarters, with 1 that includes vaulted ceilings, a stroll-in closet and a five-piece ensuite with a skylight. It is also the most significant of four bathrooms.

Month to month charges are $417.

The agent’s just take

“The entire package deal with the structure, light, and up to date finishes have been very perfectly received mainly because it was so clean and new,” Mr. Hawker reported.

“The builder/developer has a one of a kind capability to blend modern day structure with mountain elements.”

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