Understanding Canmore Zoning
Making Sense of Accommodation Zoning Unique to CanmoreIf you have any questions about the zoning regulations in Canmore, Please call me at 403.803.8472
As a Buyer, I would like to:
Own and live in my home whenever I wish for as few or as many days per year. If I choose, I can rent my home out on a long term basis. I can do his myself or through the services of an established property management company.
i) Purchase a condo to provide rental accommodation to my or other’s employees (working a minimum 20 hours/week in Canmore)
ORii) Purchase and live in my home if I am working a minimum 20 hours/week in Canmore.
REQUIRED ZONING-EMPLOYEE HOUSINGOwn and live in my home whenever I wish for as few or as many days per year. If I choose, I can rent out my home on a long term basis. I can do this myself or through the services of an established property management company. If I choose, I can rent my home on a short-term basis (nightly or weekly) either by myself or through the services of an established vacation rental company.
REQUIRED ZONING-TOURIST HOMEPurchase a hotel suite condo and have personal use of it for up to 30 days at a time, year round. The balance of the time, I can choose to leave it vacant or place it in a cooperative rental pool which is professionally managed. This rental to tourists will generate revenue that can be applied against my expenses of taxes, condo fees and utilities.
REQUIRED ZONING-VISITOR ACCOMMODATIONNOTE: You are NOT allowed to live in the VISITOR ACCOMMODATION property full-time. This is a property that is typically attached to some form of hotel rental pool that you can use for up to 28 days at any one time before having to “check out” and leave. This zoning also allows you to place your property into a hotel rental pool (or rent it out yourself if the condo bylaws allow) by the night, week or month. Renting your property to tourists will generate revenue that can used to pay taxes, condo fees, utilities etc. Vacation use is sometimes also labeled as a “Hotel Condo” by REALTORS®, when listing the property on the MLS system. A vacation use zoned condo is considered a commercial property and you will be taxed at a high rate for your property taxes than if you purchase a residential property. A Vacation Use home should be an apartment (condo styles only).
This information is assumed to be accurate, however, is offered as a guideline only, and will need to be verified by the Town of Canmore Planning Department.