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Legal suite

$2,399,000

116 Casale Place

Save this home

Beds

4

Baths

3

Sqft

Year

2004

Type

Single Family

Suite

Legal suite

Location nearby

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.

About this home

With over 3,100 sq ft of living space, this stunning and immaculate 4-bedroom, 3-bathroom bungalow style single-family home is located in the sought-after Three Sisters Mountain Village.Situated on a quiet cul-de-sac and backing onto serene green space with direct access to the paved pathway, this home offers a perfect blend of mountain comfort and luxury. The lot is over 8,000 sq ft and is 60 ft wide, providing extra space between neighboring houses. This open-plan home features a large kitchen, dining and living area with vaulted ceilings, floor to ceiling windows, and a centerpiece stone fireplace. The vaulted ceilings and large view windows carry through to the outstanding primary suite which boasts a sun deck with exceptional mountain views that's perfect for morning coffee. The outdoor area on the South facing side of the property is a private oasis featuring a hot tub, fire pit, and sundeck, ideal for entertaining or relaxation.Additional highlights include central air conditioning, heated double garage, parking for 6 cars, and walking distance to the new Gateway Plaza.Earn rental income with the fantastic one bedroom legal suite with a separate entrance and laundry, or open the adjoining door to provide additional living space for your growing family. Only the second time this property has been offered for re-sale, so don’t hesitate and miss your opportunity to own this beautiful home in a quiet, established neighborhood nestled below Three Sisters Mountain. (id:65958)

Subtype
Single Family
Structure
House
Community
Three Sisters
Common interest
Freehold
Living area
1,802 square feet
Lot size
8,040 square feet
Lot dimensions
8040.00
Bedrooms
3 above grade, 1 below grade
Parking
6 total
Stories
2
Fireplace
1
On market
May 1, 2026
Status changed
May 1, 2026
Annual tax
$8,783 (2025)
Zoning
R1B
Photos
45
MLS#
A2307038
Area
CANMORE

Features and systems

Parking

Attached Garage

Basement

FinishedFullWalk outSuite

Appliances

WasherRefrigeratorCooktop - GasDishwasherStoveDryerOven - Built-InHood FanWindow CoveringsWasher & Dryer

Heating

Forced airOther

Cooling

Fully air conditioned

Construction

Wood frame

Flooring

HardwoodCarpetedCeramic Tile

Foundation

Poured Concrete

Lot

Cul-de-sacNo neighbours behindCloset OrganizersNo Smoking Home

Community

Golf Course Development
Negative cash flow ~$223/mo at these assumptions

Cash on cash

-0.56%

Cap rate

4.75%

GRM

13.9

Break-even rent

$14,634

Financing

Down payment$479,800
Loan amount$1,919,200
Mortgage$9,724/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,100
Insurance$80
Maintenance$1,999
CapEx reserve$1,000
Vacancy loss$720

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Location nearby

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.

Mortgage estimate

Estimated $9,724/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 1, 2026.

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