Active
TOWN CENTRE_CANMORE
202, 1120 Railway Avenue , Canmore, AB
$1,416,450
Residential · MLS® A22858723Bedrooms
2Bathrooms
1,269.78Sq Ft
2Garage
2002Year Built
02 / Overview
PROPERTY OVERVIEW
In the vibrant heart of Canmore, this exceptional three-bedroom Tourist home presents a rare opportunity to own a fully turn-key short-term rental with effortless income potential. Bordering the iconic wilderness of Banff National Park, the home offers sweeping views of the surrounding Rocky Mountain peaks—an ever-changing alpine backdrop that transforms beautifully with the shifting light throughout the day. Spanning nearly 1,300 square feet and offered at $1,349,000 + GST, this property combines comfort, style, and investment value in one of Canada’s most...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,269.78 sq ft
ZoningGD
HeatingBaseboard • Electric • Fireplace(s) • Natural Gas
CoolingNone
ParkingParkade • Titled
ExteriorBalcony • Barbecue
Year Built2002
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$5,207After mortgage & expenses
Cap Rate0.1%Based on market rents
Cash on Cash Return-22.1%With 20% down payment
Est. Monthly Rent$2,372Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
TOWN CENTRE_CANMORE
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Listed by Jessica Stoner · RE/MAX Alpine Realty