REP

31+

1306 1st Avenue , Canmore, Alberta

Residential For Sale in Canmore, Alberta

$1,499,000

Residential
Property Type
4
Bedrooms
2
Bath
0
Garage
1,209
Sq Ft
1959
Year Built

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.

Street Address:	1306 1st Avenue
City:	Canmore
Province/State:	Alberta
Postal Code:	N/A

County/Parish:	Bighorn No. 8, M.D. of
Subdivision:	Bow Valley Trail
Country:	Canada
Latitude:	51.09449030
Longitude:	-115.35208730

MLS® Number:	A2325505
Price:	$1,499,000
Property Area:	1,209 Sq ft
Bedrooms:	4
Bathrooms Half:	0
Bathrooms Full:	2
Living Area:	1,209 Sq ft
Building Area:	0 Sq ft

Year Built:	1959
Listing Date:	Jun 30, 2026
Garage Spaces:	0
Property Type:	Residential
Property Subtype:	Detached
MLS Status:	Active

Additional Details

Flooring:	N/A
Construction:	Wood Frame
Parking:	Off Street
Appliances:	Dishwasher,Dryer,Oven,Range,Range Hood,Refrigerator,Stove(s),Washer,Washer/Dryer

Stories:	N/A
Zoning:	TPT-CR
Fireplace:	N/A
Amenities:	Park,Playground,Schools Nearby,Shopping Nearby,Walking/Bike Paths

Utilities & Systems

Heating:	In Floor,Forced Air,Natural Gas
Cooling:	None

Property Type	Residential
Building Type	Detached
Square Footage	1,209 sqft
Community Name	Bow Valley Trail
Subdivision Name	Bow Valley Trail

Title	Fee Simple
Land Size	4,326 sqft
Built in	1959
Annual Property Taxes	Contact listing agent
Parking Type	Off Street
Time on MLS Listing	6 days

Bedrooms

Above Grade

Bathrooms

Total	2
Partial	0

Interior Features

Appliances Included	Dishwasher, Dryer, Oven, Range, Range Hood, Refrigerator, Stove(s), Washer, Washer/Dryer
Flooring	Carpet, Hardwood, Laminate, Tile

Building Features

Features	Kitchen Island, Pantry, Storage
Construction Material	Wood Frame
Structures	Balcony(s), Deck, Front Porch, Porch

Heating & Cooling

Cooling	None
Heating Type	In Floor, Forced Air, Natural Gas

Exterior Features

Exterior Finish

Wood Frame

Neighbourhood Features

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