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Real estate on your terms®


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

RoomLevelSize
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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Listing offered by: CENTURY 21 NORDIC REALTY

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