1306 1st Avenue, Canmore

2026-07-30

1306 1st Avenue, Canmore, Alberta

2 Bed 2 Bath 1209 ft² 4 Garage
For Sale Single Family
$1,399,000

MLS®#A2332992

Prime redevelopment opportunity in Canmore! Zoned TPT-CR (Teepee Town Comprehensive Redevelopment District), this 4,326 sq ft valley-floor lot opens the door to duplex dwellings, townhouses, stacked townhouses, and accessory dwelling units — all permitted uses, subject to city approval. Discretionary uses expand the possibilities further, including care facilities, common amenity housing, daycare centres, cultural establishments, and home occupations (Class 2), all subject to city approval. Developers and investors: land like this, steps from downtown Canmore, rarely comes available. While you plan, the property pays — this well-kept bungalow is currently tenanted at $5,500 per month, offering solid holding income from day one. Separate entrances serve the main floor and the developed basement suite, giving the home flexible rental configurations. Upstairs, an open-concept layout ties the kitchen and dining area into a comfortable living room centred on a fireplace with built-in shelving, framed by mountain views, with two bedrooms and a 4-piece bath rounding out the main level. The lower level impresses with high ceilings, in-slab heated floors, and oversized windows, plus a family room with wet bar, two more bedrooms, a second 4-piece bath, and dedicated laundry. Outside, enjoy a large entertaining deck with built-in kitchen, fenced yard, mature trees, gardens, and a sunny sunroom off the mudroom. Walk to everything — downtown restaurants and cafés, parks, the rec centre, hospital, and groceries are all minutes away. Hold, rent, or build: this is Canmore opportunity at its best. (id:32467)

Building Single Family
Rooms
Bedrooms 2
Bathrooms 2
Square Footage 1209 ft²
Built in 1959
Parking Type 4
Neighbourhood Canmore

How much could you save on commission?

How much could you save in commission selling with One Percent Realty?

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$500,000

$300,000 $3,000,000

Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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One Percent Realty's top FAQs

Q.
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q.
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q.
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

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