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.
For sale
C$1,475,000
1306 S 1st Ave, Canmore, AB T1W 1M4
4beds
1,209sqft
Single Family Residence
Built in 1959
4,356 Square Feet Lot
$-- Zestimate®
C$1,220/sqft
C$-- HOA
What's special
Well-kept bungalowFireplace with built-in shelvingFramed by mountain viewsIn-slab heated floorsOversized windowsDedicated laundryFenced yard
- 24 days |
- 57 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Kevin Mcardle, Associate,
Century 21 Nordic Realty
Source: courtesy of Pillar9 System,MLS®#: A2332992
Originating MLS®#: Alberta West Realtors Association
Originating MLS®#: Alberta West Realtors AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 10`1" x 11`1"
Other
- Level: Main
- Dimensions: 18`6" x 11`1"
Bedroom
- Level: Basement
- Dimensions: 9`6" x 12`10"
Bedroom
- Level: Lower
- Dimensions: 14`11" x 12`9"
Other
- Level: Main
- Dimensions: 6`4" x 7`4"
Other
- Level: Lower
- Dimensions: 8`8" x 10`1"
Den
- Level: Main
- Dimensions: 9`0" x 11`7"
Other
- Level: Main
- Dimensions: 8`2" x 5`11"
Game room
- Level: Lower
- Dimensions: 22`10" x 19`6"
Kitchen
- Level: Main
- Dimensions: 15`1" x 13`3"
Laundry
- Level: Lower
- Dimensions: 8`2" x 11`4"
Living room
- Level: Main
- Dimensions: 18`2" x 17`1"
Storage
- Level: Main
- Dimensions: 4`10" x 4`3"
Heating
- Radiant Floor, Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Oven, Range, Range Hood, Refrigerator, Stove(s), Washer, Washer/Dryer
- Laundry: In Unit, Lower Level, Main Level
Features
- Kitchen Island, Pantry, Storage
- Flooring: Carpet, Hardwood, Laminate, Tile
- Basement: Full
- Number of fireplaces: 1
- Fireplace features: Electric, Living Room
Interior area
- Total interior livable area: 1,209 sqft
- Finished area below ground: 844
Property
Parking
- Total spaces: 4
- Parking features: Off Street
Features
- Levels: 3 Level Split,Bi-Level
- Stories: 1
- Patio & porch: Balcony(s), Deck, Front Porch, Porch
- Exterior features: Balcony, Garden, Private Yard, Storage
- Fencing: Fenced
- Frontage length: 16.76M 55`0"
Lot
- Size: 4,356 Square Feet
- Features: Back Lane, Back Yard, Backs on to Park/Green Space, Irregular Lot
Details
- Parcel number: 113511786
- Zoning: TPT-CR
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Frame
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1959
Community & HOA
Community
- Features: Park, Playground
- Subdivision: Bow Valley Trail
HOA
- Has HOA: No
Location
- Region: Canmore
Financial & listing details
- Price per square foot: C$1,220/sqft
- Date on market: 7/28/2026
- Inclusions: N/A
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: T1W
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
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