pillar/IMG-A2174590_1.jpg
295 days on Market

506 Bow Valley Trail #9, Canmore, Alberta T1W 1N9

Townhouse
3
4 + 1
~1498.00 sqft
$•••,•••
$1,680,000
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Townhouse
3
4 + 1
~1498.00 sqft

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Highlights

Property Estimate

Days on market295 days

Estimated valueNot available

Price/Sqft$1,121/sqft

Monthly cost

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Description

Seize the extraordinary opportunity to own a short-term rental property in Canmore, perfect for platforms like Airbnb and VRBO. This stunning 3-bedroom, 3.5-bathroom townhouse boasts a spacious mountain-view deck (147 sq. ft.) and a convenient attached garage(200 sq. ft). Each unit features a private entrance, offering privacy for all guests. You can soon call the heart of the Rockies your own with Memory Lodge, a highly anticipated luxury accommodation in Canmore. Ideally located within walking distance of cafes, restaurants, shops, and scenic trails, Memory Lodge promises an exceptional stay for your guests. Designed with both luxury and comfort in mind, the townhouse blends seamlessly with its natural surroundings on Bow Valley Trail, fostering a deep connection to the environment. Inside, the spacious layout includes high ceilings, and the master bedroom on the top floor boasts a 12' ceiling and opens onto a generous 15' x 11' deck. Relax in the four-person hot tub on the rooftop deck while soaking in breathtaking views of the Three Sisters mountains. The third floor offers two symmetrical suites for maximum privacy, while the second floor features the living room and kitchen, perfect for socializing and gatherings. The attached garage provides ample space for storing sports equipment and adds an extra layer of security for guests. With triple-layer windows and superior wall construction, this property offers excellent noise reduction. Owning Memory Lodge gives you the chance to create lasting memories for your guests while establishing a strong presence in the Rocky Mountains. This turnkey development is ready for immediate revenue generation, with a listing price of $1.6 million + GST. For further financial guidance, consult your accountant or a professional advisor.


Property Details

Style4 Storey
View-
Age of property2024
SqFt~1498.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2174590
Community NameCanmore
Data SourcePILLAR 9
Listing byTop Producer Realty and Property Management

Features

Heating: In Floor,Forced Air
Cooling: Central Air

Main Floor

Living Room

14`2" x 13`8"

Kitchen

9`0" x 9`9"

Dining Room

6`1" x 6`10"

2pc Bathroom

5`2" x 4`7"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Property History

Oct 22, 2024
ListedActive
$1,680,000
295 days on market
history photo preview9
Listing by pillar 9®
Property listed by Top Producer Realty and Property Management, Brokerage
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Market Data - Canmore

Geo Zone Map ThumbnailCanmore

Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2024

61 days

2023

40 days

2022

18 days

New Listings

Past 30 days

16 listings

Compared to

2024

11 listings

2023

15 listings

2022

16 listings

Units sold

Past 30 days

8 units

Compared to

2024

7 units

2023

13 units

2022

3 units

Median Sold Price

Past 30 days

$941,500

Compared to

2024

$870,000

2023

$1,003,500

2022

$1,255,000


Population and Demographics

Overview

Total population 13667
Average household income $166,202

Age (%)

0 to 19
17%
20 to 34
21%
35 to 49
23%
50 to 64
22%
65 and plus
17%

Household composition (%)

Single family
65%
Single person
28%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
83%
French
5%
Others
4%
Tagalog (Pilipino, Filipino)
3%
Japanese
1%
German
1%
Spanish
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget