Bow Valley Trail, Canmore · MLS® A2309192
211
642 sq ft · Condo · Single Family · built 2001 · 171 days on market
listed by Jack Aiken, RE/MAX Alpine Realty
This bright open-concept condo features two bedrooms, one full bathroom, and a convenient stacked washer and dryer — ideal for a couple or roommates. The inviting living area is highlighted by a cozy electric fireplace, while the east-facing balcony offers morning sunshine, courtyard views, and a BBQ hookup for outdoor enjoyment. The property also includes one titled heated underground parking stall and a titled storage locker. A fantastic opportunity for first-time buyers or investors looking to enter the Canmore market. Affordable housing opportunity in the Bow Valley for individuals working 20+ hours per week. No short term rentals permitted. Currently rented for $3200/mth
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $2,178 · tax $149 · strata $572 · 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
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about $2,583 a year
The asking price times Canmore's 2026 residential rate of 5.17 per $1,000 (municipal and education).
The listing shows $1,789 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 82/100 · Very walkable: most errands on foot
Within a 10 minute walk: 1 grocery store, 8 places to eat or drink, 1 cafe, 7 parks and playgrounds, 1 school, 18 transit stops.
mihom score from OpenStreetMap places, by straight line distance.