Bow Valley Trail, Canmore · MLS® A2346662
431
1,086 sq ft · Condo · Single Family · built 2025 · 36 days on market
listed by Kelly MacMillan, RE/MAX Alpine Realty
Opportunity knocks — and 4-bedroom short-term rentals in Canmore don’t come along often. This one is a bit of a unicorn,*comfortably sleeping up to 10 guests with 3 proper queen bedrooms, a dedicated kids’ bunk room and a queen pullout sofa, plus 3 full bathrooms.The open great room with gas fireplace gives everyone space to gather, while the extra-long balcony delivers the outdoor living and mountain views people come to Canmore for, with greenery creating a natural buffer from the road.It’s truly turnkey, with furniture, accessories and linens included, plus underground parking and storage. Owners and guests also enjoy a hot tub, pool and gym.And here’s the best part: you’re not guessing at the revenue potential. The numbers are already impressive, with the property currently on track to **gross approximately $250,000/year.****Offered at $1.699M + GST — ask your accountant about options to defer the GST.**Use it, rent it, or do both. A rare Canmore opportunity with the space, amenities and proven revenue to back it up.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $7,777 · tax $635 · strata $1,053 · insurance ~$35 · 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
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about $9,223 a year
The asking price times Canmore's 2026 residential rate of 5.17 per $1,000 (municipal and education).
The listing shows $7,620 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 74/100 · Walkable: many errands on foot
Within a 10 minute walk: 6 places to eat or drink, 2 cafes, 2 parks and playgrounds, 2 schools, 14 transit stops.
mihom score from OpenStreetMap places, by straight line distance.