Condo
$599,900
207A, 1 Industrial Place
Lions Park, Canmore27 days on market
listed by RE/MAX Alpine Realty
MLS® A2348528
305A, 1 Industrial Place
$664,900
305A, 1 Industrial Place
Lions Park, Canmore · MLS® A2348534
211
646 sq ft · Condo · Single Family · built 2026 · 27 days on market
listed by Barry Nestransky, RE/MAX Alpine Realty
realtor's description
Welcome to Canmore's iPlace Phase 2, where luxury meets nature. This new development offers stunning mountain views and top-tier finishes with steel and concrete construction. Each residence boasts stainless steel appliances, air conditioning, and premium upgrades throughout. Enjoy exclusive amenities including a ski/snowboard tuning room, dog and bike wash facilities, and secure bike storage with e-bike charging stations. Experience the perfect blend of elegance and convenience at iPlace Canmore. Resident must work 20 hours in the Bow Valley. New construction - Immediate Possession. No short term rentals permitted
property details
- type
- Condo, Single Family
- bedrooms
- 2
- bathrooms
- 1
- living area
- 646 sq ft
- parking
- 1
- year built
- 2026
- property tax
- $2,653 / yr
- strata fee
- $267 / mo ($0.41 / sq ft)
- strata rules
- Pets Allowed
- days on market
- 27
- MLS®
- A2348534
features
- Elevator
- Golf Course Development
- Pets Allowed
- Refrigerator
- Range - Electric
- Dishwasher
monthly cost
$3,385/mo
Mortgage $2,897 · Tax $221 · Strata $267
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
- −$1,194/mo
- cap rate
- 3.1%
- yearly net rent ÷ price
Costs: mortgage $2,897 · tax $221 · strata $267 · 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
Lions Park, CanmoreGoogle Maps ↗
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