1306 1 Avenue, Canmore

$1,450,000

4 Beds
2 Baths
1,209 Sqft
.1 Acres
0 Garages

Attention Investors & Dream-Home Seekers!
An incredible opportunity in prime Teepee Town awaits! This stunning bilevel house sits on a spacious 4,326 sq ft lot zoned TPT-CR, offering exceptional multi-residential development potential including duplexes, triplexes, fourplexes, townhouses, stacked townhomes, accessory suites, and more — all subject to city approval.
Enjoy an open-concept main floor with a cozy fireplace, modern kitchen, and breathtaking 360° mountain views. The separate-entry illegal basement suite boasts high ceilings, heated floors, and abundant natural light — ideal for rental income or guests.
Currently rented for $5,500/month, this house delivers immediate cash flow while offering outstanding future redevelopment possibilities.
The zoning also supports a variety of discretionary uses including B&Bs, care facilities, cultural spaces, daycare centers, and public buildings (subject to city approval).
Located just a short walk from downtown, restaurants, parks, and all amenities, this rare house perfectly combines charm, income, and tremendous investment upside.
Don’t miss out on this exceptional chance to invest and grow in Teepee Town!

Essential Information
MLS® #A2239732
Price$1,450,000
Bedrooms4
Bathrooms2.00
Full Baths2
Square Footage1,209
Acres0.10
Year Built1968
TypeResidential
Sub-TypeDetached
StyleBi-Level
StatusActive
Community Information
Address1306 1 Avenue
SubdivisionTeepee Town
CityCanmore
CountyBighorn No. 8, M.D. of
ProvinceAlberta
Postal CodeT1W 1M4
Amenities
Parking Spaces4
ParkingOff Street
Interior
CoolingNone
Has BasementYes
BasementFinished, Full
FireplaceYes
# of Fireplaces1
FireplacesElectric, Living Room
Interior Features

Kitchen Island, No Animal Home, Pantry, Storage, Wet Bar

Appliances

Dishwasher, Gas Stove, Microwave, Refrigerator, Washer/Dryer

Heating

In Floor, Forced Air, Hot Water

Exterior
Exterior FeaturesGarden
RoofAsphalt Shingle
ConstructionStucco, Vinyl Siding
FoundationPoured Concrete
Lot Description

Back Yard, Front Yard, Garden, Irregular Lot, Lawn

Additional Information
ZoningTPT-CR
Listing Details
OfficeCentury 21 Bravo Realty
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CENTURY 21 NORDIC REALTY
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