1306 1st Avenue, Canmore, Alberta T1W 1M4

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$1,499,900

Attention investors, developers, and those seeking a stunning bungalow to call home! This exceptional property offers not only immediate comfort, aptly named your dream home, but also incredible future potential for redevelopment into a duplex, fourplex, or more, pending city approval. Boasting a spectacular 360-degree mountain view, this home sits on a spacious 4,326 sq ft lot, blending charm, function, and opportunity.Currently rented and generating a rental income of $5,300 per month, this property provides immediate financial returns while offering future potential.As you enter, a welcoming front yard and deck greet you, with wide stairs leading to the front door. Step inside to a mudroom perfect for shoe racks and jackets. The home offers privacy with separate doors for the main level and the illegal basement. The main level is bright and airy, featuring an open-concept living area that seamlessly connects to a beautiful kitchen and dining area. The living space is enhanced by a cozy fireplace framed with built-in shelving and offers stunning mountain views from almost every angle. The master bedroom, an additional bedroom, and a well-appointed 4-piece bathroom complete the floor. A back door leads to a spacious lawn where you can relax and enjoy uninterrupted mountain vistas.The developed illegal basement is a standout, boasting high ceilings, in-slab heated floors, and large windows that allow natural light to pour in. It includes a spacious family room with a built-in wet bar, two additional bedrooms, a second 4-piece bath, a full laundry room, and ample storage. The family room and bedrooms also feature mountain views, adding to the basement’s appeal.Outside, a large deck with a built-in kitchen is perfect for entertaining while overlooking the expansive, fenced yard. Mature trees, a flower garden, and a fish pond create a peaceful outdoor sanctuary. Additionally, a small sunroom attached to the mudroom offers a cozy spot to enjoy summer days with your family or friends.This property is situated on the valley floor, ensuring ample sunlight and breathtaking 360° views from every angle. For those considering future development, the property is zoned under the TPT-CR Teepee Town Comprehensive Redevelopment District. This provides an exceptional opportunity for redevelopment, with permitted uses including accessory buildings, accessory dwelling units (attached or detached), duplex dwellings, home occupations (Class 1), open spaces, public utilities, townhouses, and stacked townhouses. Discretionary uses include bed and breakfast operations, care facilities, common amenity housing, cultural establishments, daycare centers, home occupations (Class 2), and public buildings—all subject to city approval.Great Location: Located within walking distance of downtown, this home is perfectly positioned near many of the area’s most desirable amenities, including a wide variety of restaurants, parks, hotels, cafés, recreational centre, a hospital, grocery stores. (id:55577)

Property Features

  • MLS® Number A2163298
  • Price $1,499,900
  • Bedrooms: 4
  • Bathrooms: 2
  • Square Footage: 1209.21 sqft
  • Property Type: House
  • Community Name: Teepee Town
  • Amenities Near By Park, Playground, Schools, Shopping
  • Features Wet Bar, No Animal Home
  • Parking Space Total 4
  • Plan 1095f
  • Structure Deck, Porch, Porch, Porch

Buildings

Bathroom Total 2 Bedrooms Above Ground 2
Bedrooms Below Ground 2 Bedrooms Total 4
Appliances Refrigerator, Gas Stove(s), Dishwasher, Microwave, Washer & Dryer Architectural Style Bi-level
Basement Development Finished Basement Type Full (finished)
Constructed Date 1959 Construction Style Attachment Detached
Cooling Type None Exterior Finish Stucco, Vinyl Siding
Fireplace Present Yes Fireplace Total 1
Flooring Type Carpeted, Ceramic Tile, Hardwood, Tile Foundation Type Poured Concrete
Heating Type Forced Air, Hot Water, In Floor Heating Size Interior 1209.21 Sqft
Total Finished Area 1209.21 Sqft Type House

Parking

Other

Land

Acreage No Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping Landscape Features Garden Area, Lawn
Size Depth 31.73 M Size Frontage 15.22 M
Size Irregular 4326.00 Size Total 4326 Sqft|4,051 - 7,250 Sqft
Size Total Text 4326 Sqft|4,051 - 7,250 Sqft Zoning Description Tpt-cr

Rooms

Level Type Dimensions
Basement 4pc Bathroom 8.67 Ft x 10.08 Ft
Basement Bedroom 9.50 Ft x 12.83 Ft
Basement Bedroom 14.92 Ft x 12.75 Ft
Basement Laundry Room 8.17 Ft x 11.33 Ft
Basement Recreational, Games Room 22.83 Ft x 19.50 Ft
Basement Furnace 8.17 Ft x 5.92 Ft
Main Level 4pc Bathroom 6.33 Ft x 7.33 Ft
Main Level Bedroom 10.08 Ft x 11.08 Ft
Main Level Den 9.00 Ft x 11.58 Ft
Main Level Kitchen 15.08 Ft x 13.25 Ft
Main Level Living Room 18.17 Ft x 17.08 Ft
Main Level Primary Bedroom 18.50 Ft x 11.08 Ft
Main Level Storage 4.83 Ft x 4.25 Ft

Agents and Offices

  • Manpreet Sachdeva
  • Office: Century 21 Bravo Realty

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