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!
Address
1306 1 Avenue
List Price
$1,450,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bi-Level
Transaction Type
sale
Area
Canmore
Sub-Area
Teepee Town
Bedrooms
4
Bathrooms
2
Floor Area
1,209 Sq. Ft.
Lot Size
4335 Sq. Ft.
Year Built
1968
MLS® Number
A2239732
Listing Brokerage
Century 21 Bravo Realty
Basement Area
Finished, Full
Postal Code
T1W 1M4
Zoning
TPT-CR
Site Influences
Back Yard, Front Yard, Garden, Irregular Lot, Lawn, Schools Nearby, Shopping Nearby, Park, Playground, Street Lights