1306 1st Avenue , Canmore, AB, T1W 1M4
$1,399,000
4
Beds
2
Baths
1,209
Square feet
0.10
Acres
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.
Features of 1306 1st Avenue , Canmore
| MLS® # | A2332992 |
|---|---|
| Price | $1,399,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,209 |
| Acres | 0.10 |
| Year Built | 1959 |
| Type | Residential |
| Sub-Type | Detached |
| Style | Bi-Level |
| Status | Active |
| Address | 1306 1st Avenue |
|---|---|
| Subdivision | Bow Valley Trail |
| City | Canmore |
| County | Bighorn No. 8, M.D. of |
| Province | Alberta |
| Postal Code | T1W 1M4 |
Amenities at 1306 1st Avenue , Canmore, AB
| Parking Spaces | 4 |
|---|---|
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
| Suite | Yes |
| Interior Features | Kitchen Island, Pantry, Storage |
|---|---|
| Appliances | Dishwasher, Dryer, Oven, Range, Range Hood, Refrigerator, Stove(s), Washer, Washer/Dryer |
| Heating | In Floor, Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Electric, Living Room |
| Has Basement | Yes |
| Basement | Full |
| Exterior Features | Balcony, Garden, Private Yard, Storage |
|---|---|
| Lot Description | Back Lane, Back Yard, Backs on to Park/Green Space, Irregular Lot |
| Roof | Asphalt Shingle |
| Construction | Wood Frame |
| Foundation | Poured Concrete |
| Date Listed | July 28th, 2026 |
|---|---|
| Days on Market | 54 |
| Zoning | TPT-CR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
1306 1st Avenue , Canmore Listing Details
| Office | Century 21 Nordic Realty |
|---|---|
| Website | To see this home contact Chamberlain Real Estate Group to Schedule your tour. |
More About 1306 1st Avenue , Canmore, AB
1306 1st Avenue Canmore is located in the neighbourhood of Bow Valley Trail. The community of Bow Valley Trail has 27 available properties. Bow Valley Trail makes up 16.17% of the 167 total properties listed in Canmore. Homes in Bow Valley Trail are listed for an average price of $949,941. That is 45.00% lower than the average asking price of $1,727,209 found across all Canmore properties for sale. If you would like to see other homes like 1306 1st Avenue Canmore please reach out to us 403-879-4145. Properties like 1306 1st Avenue can come and go quickly and it's a big reason why having a personalized strategy and search set up for you is key. Let us know how we can help so we don't miss out on 1306 1st Avenue Canmore or another home like it in the future. Get directions to 1306 1st Avenue Canmore.
