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Jas Ahluwalia

jas@edmontonsold.com +1(587) 444-4440

$ 1,499,000

Est. payment | -/mo

4 Beds

2 Baths

1,209 SqFt

Save

$ 1,499,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,209 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,209 sqft

Price per Sqft $1,239

Subdivision Bow Valley Trail

MLS® Listing ID A2325505

Style Bi-Level

Bedrooms 4

Full Baths 2

Year Built 1959

Annual Tax Amount $9,259

Tax Year 2026

Lot Size 4,326 Sqft

Acres 0.1

Property Sub-Type Detached

Source Alberta West Realtors Association

Property 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.

Location

Province AB

County Bighorn No. 8, M.d. Of

Zoning TPT-CR

Direction S

Rooms

Basement Full

Interior

Interior Features Kitchen Island, Pantry, Storage

Heating In Floor, Forced Air, Natural Gas

Cooling None

Flooring Carpet, Hardwood, Laminate, Tile

Fireplaces Number 1

Fireplaces Type Electric, Living Room

Appliance Dishwasher, Dryer, Oven, Range, Range Hood, Refrigerator, Stove(s), Washer, Washer/Dryer

Laundry In Unit, Lower Level, Main Level

Exterior

Parking Features Off Street

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Balcony(s), Deck, Front Porch, Porch

Lot Frontage 55.0

Total Parking Spaces 4

Building

Lot Description Back Lane, Back Yard, Backs on to Park/Green Space, Irregular Lot

Foundation Poured Concrete

Architectural Style Bi-Level

Level or Stories 3 Level Split

Structure Type Wood Frame

New Construction Yes

Others

Restrictions None Known

Tax ID 113511786

Ownership Other

Listed by Century 21 Nordic Realty

NEARBY SCHOOL & BUSINESS

+1(587) 444-4440

jas@edmontonsold.com

206 Pembina Rd, Sherwood Park, AB, T8H, Other

1306 1st AVE #1306 Canmore, AB T1W 1M4

Jas Ahluwalia

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

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1306 1st AVE #1306