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!
Data was last updated August 1, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
160
Avg list price:
$1,169,570
Min list price:
$39,945
Max list price:
$8,717,800
Avg days on market:
56
Min days on market:
1
Max days on market:
352
Avg price per sq.ft.:
$890.44
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.