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405, 1408 Spring Creek Gate
Beds
1
Baths
2 full + 1 half
Sqft
742
Year
2024
Type
Single Family
On market
41d
Positioned within Timberstone Lodge at Spring Creek Mountain Village, this top-floor residence at 1408 Spring Creek Gate represents a compelling blend of lifestyle asset and income-producing real estate—an increasingly rare combination in the Bow Valley.With its tourist home designation, the property is structured to generate short-term rental revenue in one of Canada’s most supply-constrained resort markets. For investors, this creates a clear pathway to offset ownership costs while maintaining personal access to a premium mountain retreat. Professional on-site vacation management further streamlines operations, allowing for a largely hands-off approach to income generation.Inside, the design aligns with guest expectations and owner enjoyment alike. An open-concept kitchen—anchored by a natural rock fireplace—creates a warm, social atmosphere, while geothermal in-floor heating and energy recovery ventilation deliver efficient, year-round comfort. The top-floor positioning enhances privacy and natural light, with a spacious deck framing unobstructed views of Grotto Mountain—an amenity that directly supports rental appeal and nightly rate premiums.The building’s amenity package reinforces its market positioning. A hot tub, fitness facility, underground heated parking, and secure storage meet the expectations of today’s short-term rental guest, while also elevating the owner experience. Steps away, Spring Creek’s evolving commercial hub—The Beat—adds a walkable layer of dining, retail, and après options that strengthen occupancy potential across all seasons.For buyers evaluating Canmore through an investment lens, this offering balances three critical pillars: revenue generation, cost mitigation, and enduring lifestyle value. It is a property designed not simply to be owned—but to perform. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 5.00 Ft x 4.67 Ft | |
| 5pc Bathroom | 9.42 Ft x 14.50 Ft | |
| Other | 20.25 Ft x 6.33 Ft | |
| Primary Bedroom | 11.08 Ft x 15.25 Ft | |
| Kitchen | 11.33 Ft x 9.67 Ft | |
| Living room | 11.33 Ft x 16.58 Ft | |
| Laundry room | 5.58 Ft x 6.58 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
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Insurance estimate
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Commute
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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 May 13, 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.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.