– Rare opportunity to own a R2 lot in beautiful Jasper, Alberta. Selling at assessed value. Easy walking distance, (2 Blocks), to downtown. Close proximity to hospital, school, church etc. All certificates in place, ready to build. This lot comes with two separate half-leases making it an excellent development opportunity. Build a duplex and sell one or both sides separately. Potential to purchase neighbouring land, a former footpath, currently held by Parks Canada
1. Property Overview
This prime residential lot offers an incredible opportunity to build your dream home or execute a multi-unit project in the heart of Jasper. Located in a highly desirable area, the property blends mountain-town tranquility with exceptional development versatility.
Address: 721A & B Geikie Street
Legal Description: Lot 24 Block 12
Size: 490.16m²
Zoning: R2
Rebuild Status: Certificate of Completion available, ready for development
2. Land Tenure & Dual-Lease Advantage (Parks Canada Lease)
Like all land in Jasper National Park, this property operates under a secure Crown leasehold system. Uniquely, this property consists of two separate, independent leases, offering unparalleled exit strategy flexibility for a builder or developer.
Tenure: Crown Leasehold (Jasper National Park)
Configuration: Split into 2 separate leases (Hold one, sell one, or develop both)
Lease Term: (Renewable)
Financing: Requires leasehold-approved mortgage lending
3. Utilities & Services
The lot is highly accessible for immediate development with standard services readily available. Municipal connections are located directly at the property line to ensure a smooth building process.
Status: Serviced at lot line / Connected
Providers: Municipal Water & Sewer (Town of Jasper)
Power & Heating: ATCO Electricity & Natural Gas
4. Building & Permitting Guidelines
Development in Jasper is designed to preserve the park’s natural aesthetic, promote community safety while, and ensure responsible densification. Future builds must harmonize with the local environment and undergo a standard federal and municipal approval process.
Design Standards: Must comply with Parks Canada Architectural Motif guidelines (natural materials, earth tones)
Safety: Must meet local FireSmart landscaping and building requirements
Permits: Handled through Parks Canada Realty and Jasper Municipal Services
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