Yoho National Park

Embracing the Wild: Yoho National Park and Its Gateway to Paradise

Nestled within the heart of the Canadian Rockies, Yoho National Park is a sanctuary of awe-inspiring natural wonders. From the thunderous roar of Takakkaw Falls, one of Canada’s tallest waterfalls, to the tranquil beauty of Emerald Lake, Yoho offers an unparalleled connection to the untouched wilderness. It’s a realm where ancient glaciers meet lush valleys, creating a haven for both adventure seekers and those who yearn for tranquility.

Unlocking the Possibility: Property Ownership in Canada’s National Parks

In Canada, the landscape of property ownership is defined by two primary classifications: Fee Simple and Leasehold. Fee Simple, also known as freehold ownership, grants individuals ownership rights to both the land and any structures upon it. Conversely, Leasehold involves an agreement between a lessee and the fee simple owner for the utilization of the property.

Within the realm of National Parks in Canada, properties predominantly fall under the leasehold category. The maximum leasehold term is 42 years.

Residency in National Parks: An Exclusive Realm

Residing within a National Park is a privilege extended to select individuals who meet the criteria of being an eligible resident.  When considering purchasing a home or a business in a National Park, it is essential to understand this criteria. 

Understanding Eligible Residency

Communities within the National Parks exist for the purpose of supporting visitors. Eligible residency within National Parks is governed by stringent regulations aimed at preserving these areas for community and visitor-centric purposes rather than recreational or secondary home usage. The definition of an eligible resident, as outlined by the National Parks Lease and License of Occupation Regulations, includes:

• Individuals whose primary employement is within the park.
• Business operators whose presence is integral to daily operations within the park.
• Retired individuals who meet specific tenure or residency criteria. Note criteria varies between communities.
• Students attending educational institutions located within the park.
• Lessees of public lands within the park, with historical lineage or direct familial ties to pre-established lessees.
• Spouses, common-law partners, or dependents of eligible individuals.

Homeownership in National Parks

Contrary to residency requirements, property ownership within National Parks is open to a broader spectrum of individuals. While tenants or residents must meet eligibility criteria, prospective property owners are not bound by these conditions. This opens avenues for investment opportunities, long-term rentals, or commercial ventures within these pristine environments. However, it’s crucial to note that certain endeavours, such as home-based businesses or bed & breakfast operations, do not fulfill eligibility requirements.

Enforcement of these residency conditions is meticulously overseen by Parks Canada, ensuring the preservation of the parks’ primary objectives and the integrity of the communities within them.

Navigating Real Estate Near Yoho National Park

When considering a home in the areas surrounding Yoho National Park, partnering with an experienced real estate professional is crucial. Amber Granter with eXp Realty specializes in properties that offer the best of both worlds: proximity to natural wonders and the comfort of community living. Amber’s expertise in the local real estate market can guide you to find a property that meets your desire for adventure while providing a place to call home.