Three Sisters Mountain Village

What Three Sisters Mountain Village does

Three Sisters Mountain Village Properties Ltd. (TSMV) is a privately-held master-planned community developer incorporated in Alberta, headquartered in Calgary with principal operations in Canmore. Established following the 1992 Natural Resources Conservation Board (NRCB) approval, the company is developing three residential neighbourhoods — Stewart Creek (established, actively selling), Three Sisters Village (resort village centre, first residential phase coming soon), and Smith Creek (planned, launching 2026) — anchored by The Gateway at Three Sisters, a 290,000-300,000 sq. ft. mixed-use commercial hub offering grocery, retail, dining, office, medical, wellness, and employee accommodation space off the Trans-Canada Highway. Core technical differentiation centres on environmental stewardship (over 1,500 acres of privately-owned wildlife corridor land integrating the Smith Creek Wildlife Corridor into a regional Bow Valley conservation network) and on rigorous undermining mitigation governed by Alberta's 2020 Canmore Undermining Review Regulation (AR34/2020), supported by two decades of geotechnical investigation.

The business model is hybrid: one-time revenue from residential land development and home/property closings delivered through builder partners Logel Homes, HCI Ventures, and PCH (with Altitude condos from $499,900+ GST and towns from $1.165M+ GST); recurring subscription-style revenue from commercial leasing at The Gateway (spaces 500-9,900 sq. ft.) and from 50 built and 150 under-construction employee-housing beds leased to local businesses (400+ rental units planned in Phase 1); plus below-market land transfers to the Town of Canmore for community and municipal reserve purposes (21.7 acres, four times the required amount). Sales-led go-to-market relies on builder partner sales centres (Altitude Sales Centre, 10 Cascade Ridge, Canmore), a dedicated commercial leasing team (403-597-8768, [email protected]), and community registrations through tsmv.ca and thegatewayatthreesisters.ca.

Customer segments span residential homebuyers (families, retirees, second-home seekers attracted to the Canadian Rockies lifestyle), commercial tenants (confirmed mix includes IGA, Dollarama, PetValu, Sobeys Liquor, Beamer's Coffee Bar, Firehouse Subs, Ascent Dental, and prospective Research and Innovation Hub tenants University of Saskatchewan and Innovate Canmore), and the local Bow Valley workforce served via purpose-built employee housing. Headcount is reported in the 11-50 range; revenue is not publicly disclosed. Leadership consists of President David Taylor, Director of Strategy and Development Chris Ollenberger, VP Finance and Development Sam Sidhu (The Gateway), and Privacy Officer Brian Talbot.

Name

Three Sisters Mountain Village

Legal name

Three Sisters Mountain Village Properties Ltd.

Website

https://tsmv.ca

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

Three Sisters Mountain Village is a privately-held master-planned community developer in Canmore, Alberta, building three residential neighbourhoods (Stewart Creek, Three Sisters Village, Smith Creek) and The Gateway, a 290,000-300,000 sq. ft. mixed-use commercial hub, for homebuyers, commercial tenants, and the local Bow Valley workforce.

Ownership category

akta.pro rank

Product category

Master-planned community real estate development

NAICS

Land Subdivision (2372)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Townhomes & Row Houses (THAMAAAE)

akta.pro secondary industries

Family & Kid-Friendly Homes (THAMAAAK), Cabins & Cottages (THAMADAA)

Keywords

• Master-planned community
• Residential real estate
• Commercial property leasing
• Mountain resort development
• Workforce housing

Headquarters

HQ city

Canmore

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Residential Home Sales: Sale of residential properties including single-family homes, townhomes, and condominiums through builder partners. Revenue recognized from property closings to homebuyers in Stewart Creek, Three Sisters Village, and Smith Creek neighbourhoods.
2. Commercial Property Leasing: Leasing of retail, office, restaurant, medical, and wellness spaces in The Gateway at Three Sisters commercial development. Also includes Dyrgas Gate commercial spaces. Revenue from commercial tenants across 290,000-300,000 sq. ft. of commercial space.
3. Employee Housing Rentals: Purpose-built rental housing units for local workforce. 50 employee housing beds built in The Gateway, with 150 additional beds under construction. Leases available to local businesses for employee housing.
4. Land Transfers for Community Housing: Transfer of serviced land to Town of Canmore for community housing development (e.g., Vital Homes). Supports affordable housing delivery while generating development credits or partnership value.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Three Sisters Mountain Village develops and operates a master-planned residential and mixed-use community in Canmore, Alberta, comprising three neighbourhoods (Stewart Creek, Three Sisters Village, Smith Creek) with condos, townhomes, and single-family homes sold through builder partners. It anchors The Gateway at Three Sisters, a 290,000–300,000 sq. ft. mixed-use commercial hub offering retail, grocery, dining, office, medical, and wellness leasing, and provides purpose-built employee housing for the local workforce.

Product overview

Three Sisters Mountain Village is a master-planned alpine community in Canmore, Alberta consisting of three distinct residential neighbourhoods — Stewart Creek (established, now selling), Three Sisters Village (resort village centre, coming soon), and Smith Creek (planned, launching 2026). The community is anchored by The Gateway at Three Sisters, a mixed-use commercial development offering retail, grocery, dining, office, medical, wellness, and employee housing. Homebuilder partners like Logel Homes (Altitude development) offer condos and townhomes within the community. Recreation amenities include Stewart Creek Golf & Country Club, disc golf course, bicycle pump track, jump park, and extensive trail networks. The community also maintains significant wildlife corridors and conservation areas spanning over 1,500 acres as part of its environmental stewardship commitment.

Differentiator

Problem solved

Functional benefit

Brands

• The Gateway at Three Sisters: A mixed-use commercial development located off the Trans-Canada Highway at the entrance of Three Sisters Mountain Village, offering retail, commercial, medical, office spaces, and employee accommodations.
• Stewart Creek Golf & Country Club
• Three Sisters Village

Products and services

• Stewart Creek neighbourhood An established residential community spanning over sixty-five hectares featuring diverse housing options, parks, playgrounds, multi-use trails, and proximity to Stewart Creek Golf & Country Club; currently selling homes to homebuyers.
• Three Sisters Village A vibrant, walkable resort village centre designed as the pedestrian-first core of Three Sisters Mountain Village, featuring cafés, boutique shops, wellness centres, and residences at the foot of the mountains; first residential phase coming soon.
• Smith Creek neighbourhood An inclusive, resilient neighbourhood planned with diverse housing options surrounded by parks, trails, and natural open space, designed for modern mountain living; launch planned for 2026.
• The Gateway at Three Sisters A 290,000–300,000 sq. ft. master-planned mixed-use commercial hub offering grocery, retail, restaurants, office space, medical services, wellness facilities, gas station, and employee accommodations; leased to commercial tenants via the dedicated TSMV leasing team.
• Altitude at Three Sisters Mountain Village (by Logel Homes) A collection of condos and townhomes situated at the foot of The Three Sisters with panoramic Cascade Mountain views, located within walking and biking distance from trail networks and The Gateway; sold through Logel Homes sales centre.
• Stewart Creek Golf & Country Club A semi-private golf course artfully carved into the Rocky Mountain landscape, featuring layered fairways, subtly sloped greens, and landing areas surrounded by forest, mountain streams, lakes, and rocky outcrops.
• Purpose-built Employee & Rental Housing Purpose-built rental and employee housing units within The Gateway; 50 employee housing beds built, 150 additional beds under construction (anticipated 2027), and 400+ rental units planned in Phase 1; leased to local businesses for workforce housing.

Quantifiable outcome

• Over 1,000 homes safely built in previously undermined areas of Canmore
• +3 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

17 partnerships are on record, tiered minor, core, major and emerging.

• Beamer's Coffee BarminorChannel Partner/ Reseller/ Distributor · 1 May 2026Canmore original coffee shop established 1994, dealing directly with coffee farmers. Voted local favourite numerous times. Expected to open late summer 2026.
• Ascent DentalminorChannel Partner/ Reseller/ Distributor · 1 April 2026Dental practice providing routine cleaning, restoration, and cosmetics. Expected to welcome patients late summer 2026.
• Firehouse SubsminorChannel Partner/ Reseller/ Distributor · 1 April 2026Sub sandwich chain with 1,450+ restaurants across North America. Expected to open late summer 2026.
• Logel HomescoreChannel Partner/ Reseller/ Distributor · 1 January 2026Alberta's leader in multi-family housing with 25+ years experience and 5,000+ homes built. Building condos and townhomes at Altitude in Stewart Creek neighbourhood. Sales centre at 10 Cascade Ridge.
• PetValumajorChannel Partner/ Reseller/ Distributor · 1 December 2025Canada's leading specialty pet retailer offering premium pet food, toys, accessories, health products, and self-serve dog wash. First retailer to open at The Gateway.
• DollaramamajorChannel Partner/ Reseller/ Distributor · 1 September 2025Value retailer offering consumable products, general merchandise, and seasonal items at fixed price points up to $5.00. First Dollarama in Canmore area, opened Winter 2025/2026.
• Alberta ParksmajorOthers · 1 January 2025Working with TSMV on Canmore Area Trails Master Plan alongside CAMBA. Building new Three Sisters Connector trail west of Three Sisters Creek and rehabilitating existing trail. Trail rehabilitation work ongoing.
• IGA (Sobeys Capital Incorporated)coreChannel Partner/ Reseller/ Distributor · 1 June 202422,000 sq. ft. IGA grocery store at 300 Cascade Drive serving Canmore community. Operating banner of Sobeys Capital Incorporated. Opened April 2026.
• University of SaskatchewanemergingStrategic or Co-development Partner · 2 February 2021Exploring opportunities to occupy space at The Gateway in proposed Research and Innovation Hub. University currently operates Global Institute for Water Security and Global Water Futures laboratory out of Canmore, studying snow and ice melt in Rocky Mountains.
• Innovate CanmoreemergingStrategic or Co-development Partner · 2 February 2021Technology incubator and business accelerator expressing interest in operating from Research and Innovation Hub at The Gateway. Partnership with University of Saskatchewan for tech innovation and commercialization.
• Stewart Creek Golf & Country ClubcoreOthers · 1 February 2020Semi-private golf course artfully carved into Rocky Mountain landscape, designed by renowned golf architect Gary Browning. Located within Three Sisters Mountain Village community, featuring layered fairways, subtly sloped greens, and mountain views.
• Province of AlbertacoreOthers · 1 January 2020Governing body that approved development under 2020 Canmore Undermining Review Regulation (AR34/2020). Wildlife corridor approved in stages starting 1998, completed 2020. Oversees Smith Creek Wildlife Corridor.
• Town of CanmorecoreOthers · 2 April 2019Approved transfer of 21.7 acres of land (4x required amount) to Town of Canmore for municipal reserve including pathways, parks, playground, pedestrian bridge, and recreational lands. Ensures long-term public access and regional trail connectivity including Trans Canada Trail connection.
• artsPlaceminorGTM or Marketing Partner · 1 January 2019$10,000 sponsorship for artsPlace annual Creative Combat fundraiser event and weekly Family Sunday artsPlay workshops. Supports community arts programming for Bow Valley residents and visitors.
• Spirit NorthminorGTM or Marketing Partner · 1 January 2019Contributor to Spirit North's Friendraiser concert event supporting Indigenous youth through sport programming. Spirit North operates in 60 communities across five provinces.
• Thrive Health and Wellness FestivalminorGTM or Marketing Partner · 1 January 2019Sponsor of Thrive festival with panel discussion on Planning for Healthy Communities. Festival offers yoga, cooking classes, workshops, and educational sessions.
• CAMBA (Canmore and Area Mountain Bike Association)coreStrategic or Co-development Partner · 9 December 2018MOU signed December 2018 for development, construction, and maintenance of mountain bike trails on TSMV property. $10,000 sponsorship ($5,000/year over two years) provided to support trail advocacy and maintenance. Partnership includes education on wildlife corridor impacts and signage for permitted trails, difficulty levels, and closures.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Anthem Properties: Anthem Properties is a BC-based master developer of mixed-use, residential, and resort communities including projects such as Kelowna's Bertram and False Creek areas. Comparable to TSMV in mixed-use master-planned approach combining residential, commercial, and resort positioning.
• Mattamy Homes: Mattamy Homes is Canada's largest homebuilder, operating across multiple provinces including Alberta. Comparable to TSMV in residential development footprint and use of builder-partner-style sales channels, though Mattamy builds directly rather than acting purely as a land developer.
• Polygon Homes: Polygon Homes is a major BC residential developer with master-planned communities across the Lower Mainland and Vancouver Island. Comparable to TSMV in residential development at premium locations targeting families and move-up buyers, though focused on lower-density-urban rather than mountain-resort settings.
• Bosa Properties: Bosa Properties is a BC-based developer of residential and mixed-use communities, including high-rise and master-planned projects. Comparable to TSMV in mixed-use master development combining residential with ground-floor commercial, though Bosa operates primarily in Metro Vancouver urban contexts.
• Westbank Corp: Westbank Corp is a Vancouver-based real estate developer focused on architecturally significant, mixed-use, and resort-style projects including residential towers with sustainability features. Comparable to TSMV in mixed-use development philosophy with environmental and design-led positioning at premium Canadian locations.
• Brookfield Residential: Brookfield Residential is one of North America's largest master-planned community developers, operating across Alberta and Western Canada with communities spanning thousands of homes. Comparable to TSMV in the master-planned community business model, though at far greater scale and broader geographic footprint.

Direct peers

• Sun Peaks Resort LLP: Sun Peaks Resort is a BC mountain resort community with ski-in/ski-out residential, hotels, and commercial amenities developed through a master-planned approach. Comparable to TSMV in combining mountain resort lifestyle with integrated residential and commercial real estate in a Canadian resort setting.
• Spring Creek Mountain Village: Spring Creek Mountain Village is a master-planned residential and resort community located in Canmore, Alberta, directly adjacent to TSMV. It offers a near-identical product mix of single-family homes, townhomes, and resort-style living at the foot of the Canadian Rockies, making it the most directly comparable peer in the same sub-market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/TSMVcanmore
• Instagraminstagram.com/tsmvcanmore
• LinkedInlinkedin.com/company/three-sisters-mountain-village-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Three Sisters Mountain Village