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30, 1201 Railway Avenue
homes for sale · Canmore · Town Centre_Canmore
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$1,050,000

30, 1201 Railway Avenue

Town Centre_Canmore, Canmore · MLS® A2351180

332

1,226 sq ft · Townhouse · Single Family · built 1992 · 12 days on market

listed by Jessica Stoner, RE/MAX Alpine Realty

realtor's description

If you prefer walking over driving, and being near the true pulse of Canmore, then you will really appreciate how connected to the community this 3-bedroom, 2.5-bath townhome will let you be. Mountainview Estates offers comfortable living in a location that’s hard to beat. With all new windows and patio door, you'll love how the natural light just spills throughout the open concept living space as well as in each bedroom. In 2022 the entire home was modernized with a stylish and fresh look. Featuring a bright and functional new kitchen, as well as all new matching bathrooms. This homes layout offers ideal room for family life, whether you’re gathering for dinner, relaxing at home or planning your next mountain life adventure. Step outside to your own fenced backyard, complete with a large patio area, green grass, privacy, and stunning mountain views. Having outdoor space of your own is a welcome bonus in a downtown townhome, with room for kids to play, enjoy a meal outside or simply take in the scenery. The home also features an attached single-car garage with room for your vehicle and mountain gear, along with an additional parking spot in front. Set in a charming little complex in a truly central location, you’re close to Policeman’s Creek and its scenic trails, with downtown shops, restaurants and recreation facilities just around the corner. Starbucks and the free Roam transit stop are right across the street, making it easy to hop on the bus when you want to explore other parts of the Bow Valley. Now is the right time to make Canmore home!

similar homes nearby

property details

type
Townhouse, Single Family
bedrooms
3
bathrooms
3
living area
1,226 sq ft
parking
2
year built
1992
property tax
$4,027 / yr
strata fee
$497 / mo ($0.40 / sq ft)
strata rules
Pets Allowed
days on market
12
MLS®
A2351180

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

features

  • Other
  • Closet Organizers
  • Golf Course Development
  • Pets Allowed
  • Fishing
  • Refrigerator

monthly cost

$5,407/mo
Mortgage $4,575 · Tax $336 · Strata $497

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

estimated payment
$4,575/ monthly
loan $840,000
25-year amortization
total interest
$532,425
land title fees
$1,990
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$211,990
down + land title fees
total paid
$1,372,425

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
−$2,086/mo
cap rate
2.8%
yearly net rent ÷ price

Costs: mortgage $4,575 · tax $336 · strata $497 · 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

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
Jessica Stoner
RE/MAX Alpine Realty
call Jessica · 403-678-8006
Powered by: REALTOR.ca
▶ virtual tour

location

Town Centre_Canmore, CanmoreGoogle Maps ↗

property tax

about $5,426 a year

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

The listing shows $4,027 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

Town Centre_Canmore, CanmoreGoogle Maps ↗
Drive times
  • Canmore Shopping Area1 min
  • Downtown Canmore2 min
  • Lawrence Grassi Middle2 min
  • Canmore General Hospital3 min
  • Canmore Collegiate High3 min
  • Bow Valley College and Learning Centre3 min
98

Walkability 98/100 · Very walkable: most errands on foot

Within a 10 minute walk: 4 grocery stores, 56 places to eat or drink, 15 cafes, 15 parks and playgrounds, 2 schools, 1 pharmacy, 42 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

314, 1002 8th Avenue, Canmore
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Condo
$1,100,000
4methe deep dive
314, 1002 8th Avenue
Town Centre_Canmore, Canmore45 days on market
listed by Century 21 Nordic Realty
221899 sq ft
MLS® A2344546