Overview
MLS® Number: A2239732
Type: Detached
Bedrooms: 4
Bathrooms: 2.0
Living Area: 1,209 sq. ft.
Lot Size: 4,335 Square Feet
Year Built: 1968
Community: Teepee Town
Description

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!

Seller Brokerage: Century 21 Bravo Realty

Property Details
Size & Rooms
Rooms Above Grade5
Beds Above Grade2
Beds Below Grade2
Bathrooms
4-Piece2
EnsuiteNo
Construction
StyleBi-Level
Exterior MaterialStucco,Vinyl Siding
RoofAsphalt Shingle
FoundationPoured Concrete
New ConstructionNo
Parking & Garage
Total Parking4
FeaturesOff Street
Basement
TypeFull
DevelopmentFinished
Interior
HeatingIn Floor,Forced Air,Hot Water
CoolingNone
Fireplaces1 — Electric,Living Room
FlooringCarpet,Ceramic Tile,Hardwood,Tile
LaundryIn Basement,In Unit
FeaturesKitchen Island,No Animal Home,Pantry,Storage,Wet Bar
AppliancesDishwasher,Gas Stove,Microwave,Refrigerator,Washer/Dryer
Inclusions2ND REFRIGERATOR
Exterior & Lot
ExteriorGarden
FencingFenced
Patio / PorchDeck,Porch
Lot FeaturesBack Yard,Front Yard,Garden,Irregular Lot,Lawn
Frontage49.87 ft.
CommunityPark,Playground,Schools Nearby,Shopping Nearby,Street Lights
Financial & Legal
Annual Tax$4,510 (2025)
Possession45 days / Neg
ZoningTPT-CR
TitleFee Simple
Mortgage Calculator
Location
1306 1 Avenue, Teepee Town, Canmore, AB
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Contact Agent
Robb Leece, REALTOR®
Robb Leece, REALTOR®
Graham Realty Inc. 403-478-4335 robbleece@gmail.com
Call 403-478-4335
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