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206C, 1120 Railway Avenue
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Beds
2
Baths
2
Sqft
1,100
Year
2002
Type
Single Family
On market
63d
Welcome to Canmore Crossing, one of Canmore’s most sought-after TOURIST ZONED communities, offering rare short-term rental flexibility in the heart of downtown Canmore. This fully furnished 2-bedroom, 2-bathroom mountain property delivers the ideal combination of lifestyle, revenue potential, and walkable convenience. Spanning over 1,100 sqft, the open-concept layout is designed for both personal enjoyment and guest appeal, featuring a spacious kitchen, large dining area, and bright living space framed by beautiful mountain views. Both bedrooms feature full ensuite bathrooms with bathtubs, including a spacious primary suite with walk-in closet, creating excellent flexibility for owners, families, and guests alike. Canmore Crossing remains one of the few centrally located properties legally permitting short-term rentals, making this an increasingly rare opportunity for buyers seeking a recreational property with income-generating capability in one of Alberta’s strongest tourism markets. Owners and guests enjoy premium amenities including a rooftop hot tub, fitness area, secure underground parking and storage, elevator access, and professionally managed common areas, all just steps from Canmore’s restaurants, cafés, shops, trails, and amenities. Whether you are seeking a weekend escape, full-time mountain lifestyle, or STR property, this is an exceptional opportunity in a highly desirable Canmore location. List price includes GST ($1,142,856 + GST = $1,199,999 total). Buyers are encouraged to consult their tax professional regarding potential GST deferral opportunities. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 13.92 Ft x 13.25 Ft | |
| Kitchen | 13.92 Ft x 11.50 Ft | |
| Primary Bedroom | 11.58 Ft x 14.08 Ft | |
| Bedroom | 11.58 Ft x 10.00 Ft | |
| 4pc Bathroom | — | |
| 4pc Bathroom | — | |
| Dining room | 9.08 Ft x 12.75 Ft | |
| Laundry room | 8.67 Ft x 6.50 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 3, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Canmore. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.