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!
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Yes
Num Legal Suites:
0
Num Illegal Suites:
1
Home Style:
Bi-Level
Total Living Area:
1,209.21 sq. ft.112 m2
Acreage:
No
Lot Area:
4,335 sq. ft.403 m2
Lot Frontage:
49'10½"15.2 m
Front Exposure:
South
Unit Exposure:
South
Levels:
Bi-Level
Total Rooms Above Grade:
5
Year built:
1968
(Age: 58)
Bedrooms:
4
(Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
1095F
Heating:
In Floor, Forced Air, Hot Water
Basement:
Full, Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Vinyl Siding
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood, Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Electric, Living Room
Garage:
No
Parking:
Off Street
Parking Places:
4
Parking Total/Covered:
4 /
-
Laundry Features:
In Basement, In Unit
Teepee Town
Dishwasher, Gas Stove, Microwave, Refrigerator, Washer/Dryer
2ND REFRIGERATOR
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
11'1"3.38 m × 10'1"3.07 m
Main Floor
Den
11'7"3.53 m × 9'2.74 m
Main Floor
Kitchen
15'1"4.60 m × 13'3"4.04 m
Main Floor
Living Room
18'2"5.54 m × 17'1"5.21 m
Main Floor
Bedroom - Primary
18'6"5.64 m × 11'1"3.38 m
Main Floor
Storage
4'10"1.47 m × 4'3"1.30 m
Basement
Bedroom
12'10"3.91 m × 9'6"2.90 m
Basement
Bedroom
14'11"4.55 m × 12'9"3.89 m
Basement
Laundry
11'4"3.45 m × 8'2"2.49 m
Basement
Game Room
22'10"6.96 m × 19'6"5.94 m
Basement
Furnace/Utility Room
8'2"2.49 m × 5'11"1.80 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'4" x 6'4"
Basement
No
4
10'1" x 8'8"
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Street Lights
Interior Features:
Kitchen Island, No Animal Home, Pantry, Storage, Wet Bar
Exterior Features:
Garden
Patio And Porch Features:
Deck, Porch
Lot Features:
Back Yard, Front Yard, Garden, Irregular Lot, Lawn
Data was last updated February 4, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
119
Avg list price:
$1,100,400
Min list price:
$35,900
Max list price:
$5,750,000
Avg days on market:
53
Min days on market:
1
Max days on market:
434
Avg price per sq.ft.:
$829.19
These statistics are generated based on the current listing's property type
and located in
Canmore. Average values are
derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.