Bow Valley Trail, Canmore · MLS® A2347079
222
853 sq ft · Condo · Single Family · built 2008 · 32 days on market
listed by Dan McGuire, Royal LePage Solutions
TWO units in one?!! Own the perfect mountain retreat with the flexibility of personal enjoyment and short-term rental income - plus AMAZING Mountain Views and preferred light and orientation! This rare, lock-off style, fully furnished 2-bedroom, 2-bathroom luxury suite comfortably sleeps six and showcases modern elegance with high-end finishes, an open-concept design, and exceptional attention to detail throughout. Located in one of Canmore's most sought-after resort-style developments, owners and guests enjoy access to outstanding amenities including a fitness center, wellness spa, hot tub, pool, physiotherapy clinic, ski waxing room, and secure underground parking. Whether you're seeking a revenue-generating investment, a vacation property, or the ideal combination of both, this turnkey mountain getaway delivers lifestyle, luxury, and income potential in one exceptional package. NOTE: list price includes GST; speak to your tax professional about deferral options.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
Costs: mortgage $4,799 · tax $625 · strata $1,120 · 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 $5,691 a year
The asking price times Canmore's 2026 residential rate of 5.17 per $1,000 (municipal and education).
The listing shows $7,495 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, 14 places to eat or drink, 2 cafes, 6 parks and playgrounds, 1 school, 22 transit stops.
mihom score from OpenStreetMap places, by straight line distance.