Condo
$656,250
202, 1724 Bow Valley Trail
Bow Valley Trail, Canmore82 days on market
listed by Coldwell Banker Lifestyle
MLS® A2334397
112, 186 Kananskis Way
$559,000
112, 186 Kananskis Way
Bow Valley Trail, Canmore · MLS® A2307317
221
646 sq ft · Condo · Single Family · built 2005 · 171 days on market
listed by Anna Janowska, Century 21 Nordic Realty
realtor's description
This is more than just a condo—it’s a lifestyle opportunity and a smart investment in the heart of the Rockies. Ideally situated within the building for effortless daily access and convenience.The bright, open-concept living space flows seamlessly onto a private balcony—perfect for relaxing or entertaining. Durable laminate flooring and tile throughout offer a stylish, low-maintenance interior ideal for both owners and tenants.The well-designed layout maximizes long-term rental appeal, featuring a primary suite with a walk-through closet and full ensuite, while the second bedroom and bathroom are positioned on opposite sides of the unit—providing privacy for roommates, guests, or a home office.This well-managed building supports long-term value with desirable amenities, including assigned parking and storage, secure bike rooms, a fitness centre, and convenient coin laundry on every floor.Located just steps from downtown Canmore, you’re within walking distance to cafés, restaurants, boutiques, and transit. Surrounded by scenic trails and just minutes from the Legacy Trail, this location consistently attracts long-term renters and full-time residents alike.Offering a potential turn-key investment opportunity.
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 2
- living area
- 646 sq ft
- parking
- 1
- year built
- 2005
- property tax
- $2,270 / yr
- strata fee
- $477 / mo ($0.74 / sq ft)
- strata rules
- Pets Allowed, Pets Allowed With Restrictions
- days on market
- 171
- MLS®
- A2307317
features
- Closet Organizers
- No Animal Home
- Parking
- Pets Allowed
- Pets Allowed With Restrictions
- Refrigerator
monthly cost
$3,101/mo
Mortgage $2,436 · Tax $189 · Strata $477
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
if you rented it out
- rent
- $2,420/mo
- after all costs
- −$910/mo
- cap rate
- 3.3%
- yearly net rent ÷ price
Costs: mortgage $2,436 · tax $189 · strata $477 · insurance ~$35 · 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
location
Bow Valley Trail, CanmoreGoogle Maps ↗
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