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$1,474,900
208 Days On Site

1306 1st Avenue
Canmore, AB T1W 1M4

For Sale|Single Family Residence|Active
4
Beds
2
Full Baths
0
Partial Baths
1,209.21
SqFt
$1,220
/SqFt
1959
Built
Subdivision:
Teepee Town
County:
Bighorn No. 8, M.D. of
Call Now: 587-847-0449
Is this the home for you? We can help make it yours.
587-847-0449
1306 1st Avenue1306 1st Avenue1306 1st Avenue1306 1st Avenue
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Mortgage Calculator

Monthly Payment (Est.)

$6,729
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Attention investors, developers, and those seeking a stunning bungalow to call home! This exceptional property offers not only immediate comfort, aptly named your dream home, but also incredible future potential for redevelopment into a duplex, fourplex, or more, pending city approval. Boasting a spectacular 360-degree mountain view, this home sits on a spacious 4,326 sq ft lot, blending charm, function, and opportunity.Currently rented and generating a rental income of $5,300 per month, this property provides immediate financial returns while offering future potential. As you enter, a welcoming front yard and deck greet you, with wide stairs leading to the front door. Step inside to a mudroom perfect for shoe racks and jackets. The home offers privacy with separate doors for the main level and the illegal basement. The main level is bright and airy, featuring an open-concept living area that seamlessly connects to a beautiful kitchen and dining area. The living space is enhanced by a cozy fireplace framed with built-in shelving and offers stunning mountain views from almost every angle. The master bedroom, an additional bedroom, and a well-appointed 4-piece bathroom complete the floor. A back door leads to a spacious lawn where you can relax and enjoy uninterrupted mountain vistas. The developed illegal basement is a standout, boasting high ceilings, in-slab heated floors, and large windows that allow natural light to pour in. It includes a spacious family room with a built-in wet bar, two additional bedrooms, a second 4-piece bath, a full laundry room, and ample storage. The family room and bedrooms also feature mountain views, adding to the basement’s appeal. Outside, a large deck with a built-in kitchen is perfect for entertaining while overlooking the expansive, fenced yard. Mature trees, a flower garden, and a fish pond create a peaceful outdoor sanctuary. Additionally, a small sunroom attached to the mudroom offers a cozy spot to enjoy summer days with your family or friends. This property is situated on the valley floor, ensuring ample sunlight and breathtaking 360° views from every angle. For those considering future development, the property is zoned under the TPT-CR Teepee Town Comprehensive Redevelopment District. This provides an exceptional opportunity for redevelopment, with permitted uses including accessory buildings, accessory dwelling units (attached or detached), duplex dwellings, home occupations (Class 1), open spaces, public utilities, townhouses, and stacked townhouses. Discretionary uses include bed and breakfast operations, care facilities, common amenity housing, cultural establishments, daycare centers, home occupations (Class 2), and public buildings—all subject to city approval. Great Location: Located within walking distance of downtown, this home is perfectly positioned near many of the area’s most desirable amenities, including a wide variety of restaurants, parks, hotels, cafés, recreational centre, a hospital, grocery stores.

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Listing Snapshot
Price 
$1,474,900
Days On Site 
208 Days
Bedrooms 
4
Inside Area (SqFt) 
1,209.21 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
0.1 Acres
Year Built 
1959
MLS® Number 
A2163298
Status 
Active
Property Tax 
$5,600
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoPrice changed to $1,474,900
7 months agoListing first seen on site
General Features
Acres 
0.1
Direction Faces 
South
Parking 
Off Street
Parking Spaces 
4
Property Sub Type 
Single Family Residence
Style 
Bi-Level
Zoning 
TPT-CR
Interior Features
Appliances 
DishwasherGas CooktopMicrowaveWasherDryer
Basement 
FinishedFull
Fireplace 
Yes
Fireplace Features 
Living Room
Fireplaces 
1
Flooring 
Ceramic TileCarpetTileHardwood
Heating 
Forced AirHot Water
Interior 
Kitchen IslandPantryWet Bar
Laundry Features 
In Basement
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Exterior Features
Construction Details 
StuccoVinyl Siding
Exterior 
Garden
Fencing 
Fenced
Frontage 
15.22M 49`11"
Lot Features 
Irregular Lot
Roof 
AsphaltShingle
Listing courtesy of Manpreet Sachdeva of Century 21 Bravo Realty

Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Alberta One Realty Listing Services (Pillar 9)
Last checked 2025-04-02 04:08 AM UTC

Neighborhood & Commute
Source: Walkscore
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