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 $5,500 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. (id:53430)
Building
- Property Type:
- House
- Building Type:
- House
- Style:
- Bi-level
- Year Built:
- 1959
- Bedrooms:
- 4
- Bathrooms (total):
- 2.0
- Basement:
- Finished, Full, Suite
Finished Areas
- Interior Size (Total):
- 1209 square feet
- Above Grade:
- 1209 square feet
Interior
- Flooring:
- Tile, Hardwood, Laminate, Carpeted
- Appliances:
- Washer, Refrigerator, Dishwasher, Stove, Range, Oven, Dryer, Hood Fan, Washer & Dryer
Parking
- Spaces:
- 4
- Features:
- Other
Lot / Land
- Lot Size:
- 4326.0 square feet
- Frontage:
- 16.76 meters
- Lot Features:
- Back lane
Exterior
- Construction:
- Wood frame
- Foundation:
- Poured Concrete
- Fencing:
- Fence
Utilities & Mechanical
- Heating:
- Forced air, In Floor Heating, Natural gas
- Cooling:
- None
Comfort & Security
- Fireplace(s):
- 1
Fees & Dates
- Property Taxes:
- $5,006
- Tax Year:
- 2026
- Last Modified:
- 07/28/2026 11:15:05 PM
- Status Change:
- 07/28/2026 11:07:42 PM
Association / Ownership
- Common Interest:
- Freehold
Room Dimensions
| Room | Level | Size |
|---|---|---|
| 4pc Bathroom | Main level | 7.33 Ft x 6.33 Ft |
| Den | Main level | 11.58 Ft x 9.00 Ft |
| Living room | Main level | 17.08 Ft x 18.17 Ft |
| Bedroom | Main level | 11.08 Ft x 10.08 Ft |
| Kitchen | Main level | 13.25 Ft x 15.08 Ft |
| Primary Bedroom | Main level | 11.08 Ft x 18.50 Ft |
| Storage | Main level | 4.25 Ft x 4.83 Ft |
| Bedroom | Basement | 12.83 Ft x 9.50 Ft |
| Laundry room | Lower level | 11.33 Ft x 8.17 Ft |
| Furnace | Main level | 5.92 Ft x 8.17 Ft |
| 4pc Bathroom | Lower level | 10.08 Ft x 8.67 Ft |
| Bedroom | Lower level | 12.75 Ft x 14.92 Ft |
| Recreational, Games room | Lower level | 19.50 Ft x 22.83 Ft |
Location
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