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Exshaw · Single Family · under $1,525,000 · 3+ bed · 2+ bath. Alerts only send when there are new or meaningfully updated matching homes.
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3 Yamnuska Place
Welcome to Exshaw Mountain Gateway, where contemporary mountain living meets exceptional craftsmanship in this stunning new construction by Alair Homes. Nestled in the heart of the Rockies and just a short drive from Canmore, this thoughtfully designed residence offers the perfect balance of modern comfort, timeless style and unparalleled access to the outdoors. Surrounded by breathtaking mountain views, these pre-construction homes are designed to embrace its spectacular setting while providing quality and attention to detail. Whether you're looking for a full time residence, a weekend escape or an investment, this home offers an outstanding opportunity in one of the region's newest mountain communities. Additionally, these properties offer the potential to build revenue generating suites for long term or short term rentals. Alair Homes Bow Valley is a locally owned, custom home builder and renovation firm operating in Canmore and the surrounding Rocky Mountain region. The company specializes in modern alpine retreats, legacy family homes, and multi-family builds that embrace the natural mountain landscape. The proposed pricing is for the "Alpine Haven" floorplan on lot 18, the same floorplan can be built on one of the other available lots (total price is subject to change based the floorplan and lot selected). (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.42 Ft x 15.00 Ft | |
| Dining room | 8.50 Ft x 8.50 Ft | |
| Kitchen | 10.33 Ft x 8.00 Ft | |
| 2pc Bathroom | .00 Ft x .00 Ft | |
| Primary Bedroom | 11.00 Ft x 14.00 Ft | |
| 5pc Bathroom | .00 Ft x .00 Ft |
Upper Level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 13.00 Ft x 11.25 Ft | |
| Bedroom | 13.00 Ft x 11.08 Ft | |
| Bedroom | 11.17 Ft x 12.42 Ft | |
| 4pc Bathroom | .00 Ft x .00 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.45%
Cap rate
3.58%
GRM
16.7
Break-even rent
$8,554
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jul 2, 2026.
Location of this listing. Distances are straight-line.
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Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.