pillar/IMG-A2254660_1.jpg
21 days on Market

506 Bow Valley Trail #4, Canmore, Alberta T1W 1N9

Townhouse
3
4 + 1
~1465.00 sqft
$1,790,000
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Townhouse
3
4 + 1
~1465.00 sqft

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Highlights

Property Estimate

Days on market21 days

Estimated valueNot available

Price/Sqft$1,221/sqft

Monthly cost

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Description

Seize the rare opportunity to own a luxury short-term rental property in the very heart of Canmore. At Memory Lodge, every detail has been designed for both indulgence and investment, making it the perfect home for platforms like Airbnb and VRBO. This three-bedroom, three-and-a-half-bath townhouse is more than a property—it is an experience. Step inside and be welcomed by soaring ceilings and a layout crafted for comfort and privacy. The master suite, crowned with a twelve-foot ceiling, opens onto a generous rooftop deck where a private hot tub awaits. Here, your guests can unwind beneath the stars, gazing at the breathtaking Three Sisters after a day of hiking, skiing, or simply exploring the charm of downtown Canmore, just steps away from cafés, restaurants, and boutique shops. Two additional suites on the upper level provide maximum privacy, while the second-floor living and dining space creates the perfect gathering place for families and friends. A private attached garage offers both convenience and security, ideal for storing sports equipment or ensuring peace of mind for every stay. With triple-pane windows and superior soundproofing, tranquility is guaranteed, even in the heart of the Rockies. Listed at $1.79 million, GST included, this home is not just a retreat but also a proven income-generating investment—currently earning approximately $160,000 annually, with potential to reach up to $180,000. Memory Lodge is fully turnkey, allowing you to begin earning from day one. This is more than real estate. It is your chance to own a piece of the Rockies—and to make it part of your legacy.


Property Details

Style4 Level Split
View-
Age of property2023
SqFt~1465.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2254660
Community NameCanmore
Data SourcePILLAR 9
Listing byTop Producer Realty and Property Management

Features

Heating: In Floor,Forced Air,Natural Gas
Cooling: Central Air

Level 4 Floor

4pc Ensuite bath

Bedroom - Primary

21`0" x 11`1"


Features

Patio: Deck
Balcony: Deck

Parking

Garage spaces 1

Garage type -

Other parking spaces 0

Total parking spaces 1


Property History

Sep 7, 2025
ListedActive
$1,790,000
21 days on market
history photo preview31
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

57 days

Compared to

2024

59 days

2023

54 days

2022

24 days

New Listings

Past 30 days

8 listings

Compared to

2024

13 listings

2023

16 listings

2022

12 listings

Units sold

Past 30 days

6 units

Compared to

2024

13 units

2023

17 units

2022

6 units

Median Sold Price

Past 30 days

$974,500

Compared to

2024

$981,488

2023

$915,000

2022

$812,500


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