1306 1 Avenue, Canmore, Alberta

$1,450,000

Previous Next

4

Beds

2

Baths

1,209

Square feet

0.10

Acres

About 1306 1 Avenue

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!

Features of 1306 1 Avenue

MLS® # A2239732
Price $1,450,000
Bedrooms 4
Bathrooms 2.00
Full Baths 2
Square Footage 1,209
Acres 0.10
Year Built 1968
Type Residential
Sub-Type Detached
Style Bi-Level
Status Active

Community Information

Address 1306 1 Avenue
Subdivision Teepee Town
City Canmore
County Bighorn No. 8, M.D. of
Province Alberta
Postal Code T1W 1M4

Amenities

Parking Spaces 4
Parking Off Street
Is Waterfront No
Has Pool No

Interior

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
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Electric, Living Room
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Features Garden
Lot Description Back Yard, Front Yard, Garden, Irregular Lot, Lawn
Roof Asphalt Shingle
Construction Stucco, Vinyl Siding
Foundation Poured Concrete

Additional Information

Date Listed July 25th, 2025
Days on Market 5
Zoning TPT-CR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Bravo Realty

Listing Map