Crossbow Place Canmore

Crossbow Place Canmore is one street with four residential buildings and two separate condominiums, which is why the listings for it contradict one another. Crossbow Point is 155 and 175 Crossbow Place. Crossbow Landing is 150 and 170. The Town of Canmore's 2025 assessment roll lists 248 titled dwellings across the four buildings, every one residential and not one a tourist home. Crossbow Point also sets a minimum occupant age of 40, a rule listing remarks rarely mention.

What Crossbow Place Canmore is and where it sits

Crossbow Place is a short residential street in the Cairns on the Bow pocket of Three Sisters, at the southeast end of Canmore a few hundred metres off Three Sisters Parkway, with the paved Three Sisters Pathway running close by. Main Street is about four kilometres away in a straight line, which makes this a drive, a bike ride or the free Roam Route 5T bus rather than a walk to town. The trade-off is the usual one for this side of the valley: quiet, trails at the door, mountains filling the windows, and a car needed for a carton of milk.

That location came out of a single land assembly. The street sits on Lot 1 Block 1 Plan 011 1272, a 3.45 hectare (8.53 acre) parcel that sold for $5,175,000 and was held in half interests by Cove Properties Ltd of Edmonton and Medican Developments Inc of Medicine Hat.

Cove took the east portion of the lands and developed Crossbow Landing, approved 15 February 2002 in two phases, with phase two required to commence by 11 August 2003. Medican took the remaining portion, Condominium Units 3 and 4 of Plan 031 0034, and developed Crossbow Point, approved 26 July 2002 with a two year completion requirement.

The build sequence is legible in the plan numbers on the assessment roll, because Alberta plan numbers open with the year they registered: 170 in 2003, 150 and 175 in 2004, 155 in 2005. The four buildings are now 21 to 23 years old, which is exactly the age at which roofs, decks, envelopes and parkade membranes start arriving in the reserve fund plan.

Crossbow Point or Crossbow Landing: which address is which

This is the question that decides everything else on the street, and the corporation answers it plainly. Crossbow Point comprises 155 (residences), 165 (amenities) and 175 (residences) Crossbow Place. Crossbow Landing is therefore 150 and 170. The two are registered as Crossbow Landing and Crossbow Point Condominium Corporation #0310034, redivision 0410395/0510165, those two redivision numbers attaching to the Crossbow Point buildings.

One registration does not mean one budget. The corporation states that the bylaws apply to both the Crossbow Landing and Crossbow Point condominiums except where they specifically say otherwise, while all accounting, operating and reserve funds and condominium assessments are established and maintained separately for Crossbow Point. So read the shared bylaws for the rules and the separate financials for the money. A joint annual general meeting is held each January for both condominiums, followed by a separate annual committee meeting for Crossbow Point owners. PEKA Professional Property Management administers the file.

Counted from the Town of Canmore 2025 assessment roll, effective 18 February 2025. Two things fall out of it. 165 Crossbow Place carries no titled dwellings at all, because it is an amenity building rather than a residence. And 95 of the 248 dwellings, 38%, were assessed as non-primary residences. That is the class the Livability Tax starts from, not the number of owners paying it: the provincial exemption for properties owned wholly or partly by Alberta residents cut the town-wide base from roughly 2,260 properties to roughly 819, so most non-primary owners on this street are Albertans who fall outside the higher rate.

What a Crossbow Place dwelling actually is

The assessment roll counts titles, not rooms, so it will not tell you how large a unit is. The developer's floor plan set for 155 Crossbow Place will. It lists eleven suite plans running from 897 to 1,353 square feet, sold under Medican's "Adult Communities" banner, with loft versions of several plans adding a further 190 to 621 square feet upstairs. Nine foot ceilings are the stated standard, dropping to eight in bathrooms and utility rooms.

Two things follow for a buyer. The smallest plan is about two thirds the size of the largest before any loft is counted, all within one building, so an assessed value near the street median can describe two quite different homes, and you should ask for the registered unit factor and a measured area rather than trust a rounded number in the remarks. And the Crossbow Point plan set is not the Crossbow Landing plan set: 150 and 170 were built by a different developer under a separate approval, so ask for the plans and the standard features list for the building you are actually buying into. Neither the roll nor the corporation's public pages publish bedroom counts, so treat bedroom claims as something to verify on the registered plan.

The age 40 minimum occupant rule at Crossbow Point

Crossbow Point applies a minimum occupant age of 40. The corporation states it in the guest rules: once a visitor exceeds the permitted stay they are deemed to be an occupant and become subject to occupant requirements such as the Age 40 minimum and specific parking requirements.

An occupant is anybody living in the unit, whether that is the owner, a family member or a tenant. The rule therefore bites on three buyers who rarely see it coming. A couple in their thirties buying a first mountain home. A parent buying a unit for an adult child working or studying in the valley. And an investor planning a long-term tenancy who has not checked who is allowed to sign the lease.

The corporation publishes this rule on its Crossbow Point pages, and publishes no equivalent for Crossbow Landing at 150 and 170. Do not read that silence as an exemption. The bylaws are stated to apply to both condominiums except where they specifically say otherwise, so the safe default at 150 and 170 is that a shared bylaw may reach them too. If the age restriction is what decides your purchase, read the registered bylaws for the unit's own condominium and have your lawyer confirm which parts are stated to apply only to Crossbow Point.

Inside the Fireside Lodge at 165 Crossbow Place

165 Crossbow Place is not a place you can buy. It is the amenities building, and the corporation states that its operation and maintenance costs are carried by owners as a portion of their monthly condominium fees. The lodge runs a pool and a whirlpool, a steam room and a sauna, a movie theatre with 15 chairs, a library for books and videos, two fireplaces with lounge seating, a Great Room with a fully equipped kitchen and place settings for entertaining, and a games area with two pool tables, a shuffleboard table and a ping pong table.

It opens from 6:00 a.m. until 11:00 p.m. daily, with the pool and whirlpool closing at 10:30 p.m. Access is by security fob. There is no lifeguard and use is at your own risk, a cleansing shower is required before entering the pool, food and drink are not allowed in the pool, whirlpool, steam room or sauna areas, pets and smoking are prohibited throughout, and children under 18 need direct parental supervision.

Now the detail that decides a purchase, and it is not the walk in February. The corporation describes the lodge as a facility intended for the exclusive use and enjoyment of Crossbow Point owners, tenants, their families and authorised guests. On that wording the amenities belong to 155 and 175, which also reach the building without going outside, by a street level entrance at 165 and two underground passageways from their parkades. What it does not say is what rights, if any, attach to a unit at 150 or 170. Crossbow Landing is the other condominium under the same registration, so the arrangement may well be settled somewhere in the shared bylaws or in an easement, but it is not published.

If you are weighing a unit at 170 against one at 175 on price, this is the difference you are actually pricing. Get it in writing before conditions come off: ask the seller and the property manager to confirm what lodge and guest room rights the specific unit carries, and have your lawyer look for the answer in the registered bylaws, the estoppel certificate and any registered easement, rather than in a listing that says "access to the amenities building".

Can you short-term rent a Crossbow Place condo

No. Every one of the 248 titled dwellings on Crossbow Place is assessed residential on the 2025 roll, split between primary residential and non-primary residential. There are no tourist-home titles and no visitor-accommodation titles anywhere on the street, so nightly rental is not a permitted use of any unit here.

Nor is there a route to it. Since 11 March 2025 Tourist Home is no longer a permitted use in Canmore's established residential districts; it remains permitted only in Silvertip's STR-1 and STR-2 districts and on the Three Sisters Village parcels identified in that Area Structure Plan. The Town's own definition of a residential dwelling unit says it may not be promoted on short-term commercial listing sites such as Airbnb unless it has been approved and licensed as a Bed and Breakfast, in which case up to three rooms may be rented for short-term stays. Fines run $2,500 for a first offence and $5,000 for subsequent ones, and a Cease Use Order can follow. At Crossbow Point the corporation's 30 day guest cap closes the door independently of the Town. If nightly income is the point of the purchase, read which Canmore buildings actually permit short-term rentals and the rules behind Canmore tourist-home zoning before you look further at this street.

Condo fees, the reserve fund and the 175 remediation project

We do not publish a monthly fee figure for this street, because the corporation does not publish one and we will not invent it. What it does publish is what the fee buys and when it moves. At Crossbow Point the condominium fees include electricity, gas, water, sewer and garbage, leaving cable, internet and telephone for the owner to arrange. That means the fee here is doing work that a separate utility bill does in some other buildings, which is worth holding in mind before you read a lower fee elsewhere as a cheaper building.

The fee itself is built from the operating budget plus the reserve fund requirement, and is advised to owners through the Manager's Report ahead of the fiscal year. The corporation gives the lead time two ways, "30 or more days in advance" on its fees page and "by August 15 of each year" on its overview, so treat mid-August as the moment the number for the coming year becomes real. That year runs 1 September to 31 August, which has a consequence buyers miss: a spring or summer purchaser inherits a fee level that is about to be reset in the autumn. Ask for the current fee schedule for the specific unit and for the draft budget, not only for what the seller is paying today.

Fees fall due on the first of each month and overdue accounts attract interest at 1.5% a month, 18% a year, with the corporation able to lien or foreclose. The reserve fund study is redone at least every five years and the first one was completed in 2006, so a 2026 buyer should be reading roughly the fifth cycle of that study.

The corporation lists a Structural Remediation Project for Building 175 among its projects. The detail sits behind the residents' login, which is precisely why it belongs on your condition list rather than your worry list: ask for the engineer's report, the approved scope and cost, how it is being funded, and whether any special assessment has been levied or is contemplated. Ask the same questions of the Crossbow Landing buildings, since a project named for 175 tells you nothing about 150 or 170 and the funds are held separately in any case. What Canmore condo fees actually fund and how to read a reserve fund report are covered separately, as are the documents you can demand under the condo buying guide.

Guests, guest suites, pets and parking

The Crossbow guest suites are four rooms at Crossbow Point, two in each of the 155 and 175 buildings. Each has a full bathroom, sleeps a maximum of two adults and two children, and comes with blanket, pillows, comforter and a fridge, while sheets, pillow cases, towels and toiletries are yours to supply. Bookings run up to six months ahead for a maximum stay of one week, check-in at 3:00 p.m. and check-out at 11:00 a.m., under a signed user agreement. The published cost is $85 for the first night, which covers rental, cleaning, booking and admin, then $40 for each additional night, with a $45 cancellation fee inside seven days. Booking requests come only from registered owners and tenants on file with the property manager, which is another reason a buyer at 150 or 170 should establish in writing what they can and cannot book.

Guests staying in the unit itself are capped at 30 consecutive days, and 60 cumulative days within any 365 day period. Beyond either limit the corporation deems them an occupant, and the occupant requirements including the Age 40 minimum and the parking rules apply. For a family using the unit as a second home, that is generous enough for most patterns and restrictive for one: adult children settling in for a season.

Pets are allowed within limits. Birds, fish and other small animals must stay restrained in an enclosure inside the unit. Dogs and cats are permitted but must be no taller than 18 inches at the shoulder as measured and documented by a veterinarian. A pet you already own when you move in is grandfathered; an existing owner acquiring a dog or cat needs board pre-approval first. Animals must be leashed on common property and are not to relieve themselves on decks or landscaping.

Parking is titled separately and generously. The 2025 roll shows 352 parking and storage parcels against 248 dwellings, an average of 1.4 titles per home, each assessed at $15,000. Those titles receive their own tax notice from the Town, so check what is actually attached to the unit you are buying.

What Crossbow Place condos sell for and what they cost to hold

We do not publish sale prices we cannot source, but the 2025 assessment roll gives a defensible picture of the range. Assessed values on the 248 dwellings run from $509,000 to $900,000, with a median of $638,000 and an average of $647,540. By address the medians are $684,000 at both 150 and 170, $634,000 at 175 and $618,000 at 155. The street median sits below both Landing figures because 155 and 175 hold 114 of the 248 dwellings and assess lower as a group, at a combined median of $628,000. For context, the 2025 Canmore average sold price for an apartment condo was $814,000, in a year with 483 residential sales town-wide, so this street assesses below the town-wide apartment average. Assessment is not market value, and a sale can land well either side of it.

Median assessed value, 2025 roll

$638,000

248 dwellings, range $509,000 to $900,000

Annual tax, primary residence

$2,913

2026 all-in rate 0.457%

Annual tax, non-Albertan non-primary owner

$5,318

2026 all-in rate 0.833%

Livability Tax difference

$2,405 a year

0.377% of assessed value

That gap is the single biggest holding-cost variable on the street, and it is decided by who is on title rather than by the unit. Provincial legislation exempts properties owned wholly or partly by Alberta residents from the higher rate, and the declaration falls due 31 December each year. Run your own figure through the property tax calculator and read the mechanics on the Canmore property tax page. Then add the condo fee and your own contents and liability policy to reach a true monthly carrying cost.

Who Crossbow Place suits, and who it does not

What this means if you are buying at Crossbow Place

Establish the condominium first, then the eligibility, then the money. Confirm in writing whether the unit is Crossbow Point at 155 or 175, or Crossbow Landing at 150 or 170, and get the registered bylaws so your lawyer can read the age 40 provision, how it treats occupants and tenants, and what lodge and guest room rights the unit carries. Order the estoppel certificate, the information statement, the current budget, the reserve fund report and plan, and the last two years of minutes, with the Building 175 remediation file if it applies. Then model the fee, the tax class and your own insurance together before conditions come off. Compare it against other Canmore condo buildings and current condos for sale across town.