Property Details

1306, 1306 1st Avenue
Canmore (A2325505)

$1,499,000
4
2
1,209 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Prime redevelopment opportunity in Canmore! Zoned TPT-CR (Teepee Town Comprehensive Redevelopment District), this 4,326 sq ft valley-floor lot opens the door to duplex dwellings, townhouses, stacked townhouses, and accessory dwelling units — all permitted uses, subject to city approval. Discretionary uses expand the possibilities further, including care facilities, common amenity housing, daycare centres, cultural establishments, and home occupations (Class 2), all subject to city approval. Developers and investors: land like this, steps from downtown Canmore, rarely comes available. While you plan, the property pays — this well-kept bungalow is currently tenanted at $5,400 per month, offering solid holding income from day one. Separate entrances serve the main floor and the developed basement suite, giving the home flexible rental configurations. Upstairs, an open-concept layout ties the kitchen and dining area into a comfortable living room centred on a fireplace with built-in shelving, framed by mountain views, with two bedrooms and a 4-piece bath rounding out the main level. The lower level impresses with high ceilings, in-slab heated floors, and oversized windows, plus a family room with wet bar, two more bedrooms, a second 4-piece bath, and dedicated laundry. Outside, enjoy a large entertaining deck with built-in kitchen, fenced yard, mature trees, gardens, and a sunny sunroom off the mudroom. Walk to everything — downtown restaurants and cafés, parks, the rec centre, hospital, and groceries are all minutes away. Hold, rent, or build: this is Canmore opportunity at its best.

Property details

Basic Info

MLS® #
A2325505
Property Type:
Residential
Subtype:
Detached
Subdivision:
Bow Valley Trail
Price
$1,499,000
Sale/Lease:
For Sale
Size:
1,209 sq.ft.
Bedrooms:
4
Bathrooms:
2
Year Built:
1959 (67 years old)

Building Info

New Construction:
Yes
Structure Type:
House
Building Style:
Bi-Level
Garage:
No
Parking:
Off Street
Fence:
Fenced
Basement:
Full
Features:
Kitchen Island, Pantry, Storage
Fireplaces:
1
Inclusions:
N/A
Appliances:
Dishwasher, Dryer, Oven, Range, Range Hood, Refrigerator, Stove(s), Washer, Washer/Dryer
Laundry:
In Unit, Lower Level, Main Level
Exterior Features:
Balcony, Garden, Private Yard, Storage
Patio/Porch Features:
Balcony(s), Deck, Front Porch, Porch

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Lot / Land Info

Lot Size:
0 acres
Lot Features:
Back Lane, Back Yard, Backs on to Park/Green Space, Irregular Lot
Zoning:
TPT-CR

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Carpet, Hardwood, Laminate, Tile
Foundation:
Poured Concrete
Heating:
In Floor, Forced Air, Natural Gas
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Listing Info

Possession:
Negotiable
Days on Market:
1
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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