538 1st ST

South Canmore, Canmore · MLS® E4484774

464 m² lot · Land · Vacant Land · 178 days on market

listed by Steve Balay, Royal Lepage Arteam Realty

realtor's description

Spectacular location on 1st Street in South Canmore with great views and just a stones throw away from Millennium Park. Enjoy coffee or tea from your deck every morning with the Three Sisters. Amazing corner lot, 50 x 100 ft with back alley access! Property is being sold for lot value only. Older prefab home to remain on the property, no representations or warranties, buyer to accept as is.

property details

type: Land, Vacant Land
lot: 464 m²
parking: 0
days on market: 178
MLS®: E4484774

features

Corner Site
See remarks

property tax

about $8,526 a year

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

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.

monthly cost

$7,189/mo

Mortgage $7,189

20% down at 4.34% fixed (Ratehub.ca), 25 years.

estimated payment

$7,189/ monthly

loan $1,320,000

25-year amortization

down payment20% · $330,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 25, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $836,668
land title fees: $3,070; transfer + mortgage registration; Alberta has no transfer tax
cash to close: $333,070; down + land title fees
total paid: $2,156,668

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.