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18, 242 Benchlands Terrace
homes for sale · Canmore · Eagle Terrace
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$999,000

18, 242 Benchlands Terrace

Eagle Terrace, Canmore · MLS® A2291284

331

1,100 sq ft · 1,008 sq ft lot · Townhouse · Single Family · built 1994 · 233 days on market

listed by DAN SPARKS, Century 21 Nordic Realty

realtor's description

Townhouse with garage and stunning mountain views. Enjoy unobstructed mountain views from both the front and back of this well designed townhouse, offering three bedrooms and two and a half bathrooms across a functional, light filled floorplan. The main level features an updated open concept kitchen, dining and living area highlighted by vaulted ceilings and expansive windows that flood the space with natural light and showcase the surrounding scenery. Step outside to a spacious deck off the living room, plus a second deck on the opposite side, perfect for enjoying sun at different times of day. Upstairs, two generously sized bedrooms each offer their own bathroom and ample closet space, creating comfortable private retreats. The lower level provides a third bedroom or flexible rec room, along with abundant storage. Located in a well managed complex on the sunny side of the valley, this home offers a desirable lifestyle with easy access to nearby hiking and biking trails, making it ideal for full time living or a mountain getaway.

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
3
living area
1,100 sq ft
lot
1,008 sq ft
parking
1
year built
1994
property tax
$3,815 / yr
strata fee
$455 / mo ($0.41 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
233
MLS®
A2291284

buying in a building from 1982 to 2000: what to read first

features

  • See remarks
  • Closet Organizers
  • Parking
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator

monthly cost

$5,125/mo
Mortgage $4,353 · Tax $318 · Strata $455

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$4,353/ monthly
loan $799,200
25-year amortization
total interest
$506,564
land title fees
$1,900
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$201,700
down + land title fees
total paid
$1,305,764

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$3,800/mo
after all costs
−$1,804/mo
cap rate
3.1%
yearly net rent ÷ price

Costs: mortgage $4,353 · tax $318 · strata $455 · insurance ~$175 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 3+ bedroom in Canmore: CMHC's average there ($3,676) raised 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

Eagle Terrace, CanmoreGoogle Maps ↗

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listed by
DAN SPARKS
Century 21 Nordic Realty
call DAN · 403-678-0210
Powered by: REALTOR.ca
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similar homes nearby

property tax

about $5,162 a year

The asking price times Canmore's 2026 residential rate of 5.17 per $1,000 (municipal and education).

The listing shows $3,815 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.

location

Eagle Terrace, CanmoreGoogle Maps ↗
Drive times
  • Downtown Canmore3 min
  • Canmore General Hospital5 min
  • Bow Valley College and Learning Centre5 min
  • Canmore Shopping Area5 min
  • Lawrence Grassi Middle6 min
  • Canmore Collegiate High7 min
56

Walkability 56/100 · Somewhat walkable: some errands on foot

Within a 10 minute walk: 2 places to eat or drink, 1 cafe, 10 parks and playgrounds, 1 school, 19 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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