Bow Valley Trail, Canmore · MLS® A2343808
232
1,092 sq ft · Townhouse · Single Family · built 2018 · 46 days on market
listed by Jonas Gordon, MaxWell Capital Realty
If you're looking for a Canmore vacation property that works just as well as an investment, this one checks some very hard-to-find boxes.Welcome to 102-1106 Bow Valley Trail, a 2-bedroom, 2.5-bathroom tourist-home townhome offering just under 1,100 sq. ft. of bright, functional living space in a 2018, well built townhome development. Unlike the typical vacation-rental condo, this property gives you the privacy and space of a townhome, including your own exterior entrance, multiple levels of living space, a large private balcony, and, perhaps most importantly, your own garage.Inside, the main living level is open, bright, and designed for people to actually spend time together. The spacious kitchen offers plenty of cabinetry, a large island with seating, and an easy connection to the dining and living areas. Large windows bring in natural light throughout the day and frame mountain views that make it immediately clear you're in Canmore.From the living area, step directly onto the oversized private balcony. With plenty of room for outdoor dining and lounging, it's a valuable extension of the living space and another opportunity to take in the surrounding mountain views.Two generously sized bedrooms and 2.5 bathrooms make the layout particularly well suited to vacation stays, giving owners and guests the space and privacy that can be difficult to find in smaller Canmore properties.Then there's the location. You're right on Bow Valley Trail, within walking distance of downtown Canmore and surrounded by restaurants, shops, trails, and local favourites, with Rocky Mountain Bagel Co. right in the development. Guests can park in the private garage and explore Canmore on foot.For investors, the tourist-home designation provides the opportunity for short-term rental use in one of Canada's most sought-after mountain destinations. For owners, it creates the flexibility to enjoy a Canmore home of your own while generating income when you're not using it.Tourist-home prope rties are already a unique segment of the Canmore market. Finding one with two bedrooms, 2.5 bathrooms, nearly 1,100 sq. ft., a private entrance, substantial outdoor space, and its own garage is something else entirely.Whether you're searching for an investment, a mountain base for your own adventures, or a property that can do both, this is a Canmore opportunity worth a closer look.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $5,511 · tax $704 · strata $473 · insurance ~$175 · vacancy 3% · upkeep 5%.
Rent is today's market rent for a 2-bedroom in Canmore: CMHC's average there ($2,438) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca
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about $6,537 a year
The asking price times Canmore's 2026 residential rate of 5.17 per $1,000 (municipal and education).
The listing shows $8,443 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.
Walkability 97/100 · Very walkable: most errands on foot
Within a 10 minute walk: 4 grocery stores, 54 places to eat or drink, 10 cafes, 8 parks and playgrounds, 1 pharmacy, 26 transit stops.
mihom score from OpenStreetMap places, by straight line distance.