Canmore, AB T1W 1M4,1306 1st AVE
Canmore, AB T1W 1M4,1306 1st AVE
Canmore, AB T1W 1M4,1306 1st AVE
Canmore, AB T1W 1M4,1306 1st AVE
Canmore, AB T1W 1M4,1306 1st AVE
Canmore, AB T1W 1M4,1306 1st AVE
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$ 1,499,900
Est. payment | /mo

4 Beds

2 Baths

1,209 SqFt


$ 1,499,900
Est. payment | /mo

4 Beds

2 Baths

1,209 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,209 sqft

Price per Sqft $1,240

Subdivision Teepee Town

MLS® Listing ID A2163298

Style Bi-Level

Bedrooms 4

Full Baths 2

Originating Board Calgary

Year Built 1959

Annual Tax Amount $5,600

Tax Year 2024

Lot Size 4,326 Sqft

Acres 0.1

Property Description

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 $5,200 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.

Location

Province AB

County Bighorn No. 8, M.d. Of

Zoning TPT-CR

Direction S

Rooms

Basement Finished, Full

Interior

Interior Features Kitchen Island, No Animal Home, Pantry, Storage, Wet Bar

Heating In Floor, Forced Air, Hot Water

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood, Tile

Fireplaces Number 1

Fireplaces Type Electric, Living Room

Inclusions 2ND REFRIGERATOR

Appliance Dishwasher, Gas Stove, Microwave, Refrigerator, Washer/Dryer

Laundry In Basement, In Unit

Exterior

Garage Off Street

Garage Description Off Street

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Street Lights

Roof Type Asphalt Shingle

Porch Deck, Porch

Lot Frontage 49.94

Parking Type Off Street

Total Parking Spaces 4

Building

Lot Description Back Yard, Front Yard, Lawn, Garden, Irregular Lot

Foundation Poured Concrete

Architectural Style Bi-Level

Level or Stories Bi-Level

Structure Type Stucco,Vinyl Siding

Others

Restrictions None Known

Tax ID 56484392

Ownership Private

Listed by Century 21 Bravo Realty

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter