Silvertip Canmore Real Estate

Silvertip Canmore is the neighbourhood people mean when they say "the big houses on the hill": the sunny north wall of the valley, above the highway, around an 18-hole golf course, holding most of the town's estate homes. This page covers where it is, who buys there, what sells for what, the resort plans still on paper, and the trade-offs of living up a mountainside.

Where Silvertip, Canmore is and what it feels like

Silvertip occupies the bench and slope on the north side of the Trans-Canada, reached from Silvertip Trail off the Benchlands interchange. The land was assembled from 1989, planned as a Hyatt resort in 1990, and developed from 1993 by Stone Creek Properties; the golf course and utilities went in between 1993 and 1998. The established streets named in the Town's Area Structure Plan: Blue Grouse Ridge, Juniper Ridge, Aspen Glen, Silvertip Ridge, Stonecreek Road, Silvertip Road and Silvertip Trail, are where the detached homes are.

The feel is quiet and spread out, about 350 residents on roughly 600 acres by the developer's own figures, with only 30% of the land to be developed and wildlife corridors preserved above and below. The buyers are luxury buyers from Calgary and out of province, many part-time; golfers who want the course out the back door; and builders who need a big lot. Few families with a daily school run, because schools, groceries and Main Street are all across the highway.

Silvertip real estate: estate homes, golf lots, the Villas and Cadence Pond

For the wider $2M+ market, including South Canmore and Eagle Terrace, see Canmore luxury homes.

Sun and winter: the longest light in town

Silvertip faces south. In January, when the south side of the valley is in the shadow of Rundle and Lawrence Grassi by mid-afternoon, Silvertip is still lit: decks work in the shoulder seasons, ice clears faster, heating loads are lower. Two cautions. The streets are steep enough that a winter-rated vehicle is not optional, and the higher you go the more wind you take. The winter in Canmore guide covers the day-to-day.

Short-term rentals in Silvertip: the exception to Canmore's rule

Most Canmore neighbourhoods are residential-only. Silvertip is different on paper: the Town of Canmore states that among residential districts only the two Silvertip districts still allow tourist homes, and the developer markets Cadence Pond as zoned for tourist accommodation. In practice the established estate streets are overwhelmingly used as residences, and the March 2025 bylaw change means no new tourist homes can be created outside what the districts already permit.

The golf course, the master plan and what is still to come

Resort accommodation approved

1,290 units

Silvertip ASP, approved 9 October 2007

Residential units approved

750 maximum

Silvertip ASP

Employee / affordable housing

850 units

Lower portion of the plan area (Silvertip ASP)

Golf course

Par 72, 18 holes

Les Furber design; course built 1993–1998

The developer's master plan still lists hotels, a Nordic spa, a conference centre, employee housing and a pedestrian Silvertip Village, plus a proposed gondola with stations at Palliser, the village and the Lady Macdonald plateau. None of it is built as of August 2026, which cuts two ways: more amenities eventually, construction traffic and a changing view in the meantime.

Who Silvertip suits, and how it compares

Six kilometres of public trails were part of the original approvals, and the Benchlands and Cougar Creek trail systems are just below; the clubhouse restaurant is the only amenity on the hill. Silvertip suits buyers who want space, sun, golf and privacy and are happy to drive for everything else. It does not suit anyone who wants to walk to coffee, or a family that wants children on bikes to school.

Eagle Terrace Canmore is the next hillside east: the same sunny aspect and Three Sisters views on smaller lots, at upper-mid to luxury prices rather than estate prices, with Elizabeth Rummel School within reach. Benchlands is lower again, beside the highway interchange: quicker to Calgary, more townhomes and 1990s homes, the most attainable of the three. If Silvertip's budget is a stretch, those two are where the same sun costs less.

What this means if you're buying

Silvertip is a lifestyle purchase first: you are paying for sun, space and the course, and accepting a drive for everything else and a master plan that will keep building around you, get the property's zoning and tax class in writing, read the ASP map for the block next door, and price the carrying costs, property tax on a $3M assessment, plus the Livability Tax if you live outside Alberta, with the buyer cost calculator before you fall for the view.