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254A Three Sisters Drive
Mountain views, modern design, and incredible flexibility come together in this thoughtfully designed half duplex in the heart of Three Sisters. Offering over 3000 sq. ft. of finished living space, this home features 3 bedrooms plus a den in the main residence, along with a fully self-contained 1-bedroom legal suite on the lower level. Currently generating $2500 monthly in mortgage helper payments!The bright open-concept main floor is designed for entertaining, with a spacious kitchen featuring a large island, walk-in pantry, and seamless flow into the dining and living areas. Expansive windows frame forest and mountain views, while multiple outdoor spaces provide the perfect setting to enjoy Canmore's surroundings.Upstairs, the primary retreat offers a custom walk-in closet, a stunning spa-inspired ensuite with a freestanding tub, oversized tiled shower, and soaring windows that bring the mountains indoors. Two additional bedrooms, a full bathroom, and convenient upper-floor laundry complete the level.The legal suite offers its own private entrance, full kitchen, laundry, and generous living space—ideal for long-term rental income, guests, or multi-generational living.Additional features include an oversized single garage, large mudroom, ample storage, modern finishes throughout, and a quiet location steps from trails, parks, and the natural beauty that makes Canmore so special.A rare opportunity to own a contemporary mountain home with income potential and exceptional views in one of Canmore's most sought-after neighbourhoods. (id:65958)
Lower level
| Room | Dimensions | Features |
|---|---|---|
| Other | 13.92 Ft x 13.33 Ft | |
| Furnace | 11.33 Ft x 12.92 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Living room | 17.67 Ft x 12.75 Ft | |
| Other | 20.92 Ft x 19.25 Ft | |
| Foyer | 7.92 Ft x 10.50 Ft | |
| Dining room | 7.42 Ft x 14.25 Ft | |
| Den | 10.08 Ft x 9.08 Ft | |
| 2pc Bathroom | 7.17 Ft x 3.42 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 12.58 Ft x 14.50 Ft | |
| 4pc Bathroom | 18.33 Ft x 10.08 Ft | |
| Bedroom | 14.50 Ft x 10.58 Ft | |
| Bedroom | 15.92 Ft x 11.92 Ft | |
| 4pc Bathroom | 11.08 Ft x 10.58 Ft | |
| Laundry room | 11.50 Ft x 8.17 Ft | |
| Other | 7.00 Ft x 10.50 Ft |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 12.17 Ft x 9.92 Ft | |
| 3pc Bathroom | 9.17 Ft x 5.75 Ft | |
| Other | 11.17 Ft x 13.00 Ft | |
| Living room | 16.17 Ft x 13.92 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).
Cash on cash
-0.56%
Cap rate
4.75%
GRM
13.9
Break-even rent
$15,246
Financing
Operating expenses (monthly)
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Approximation 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.
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Monthly carrying costs (shared)
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. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
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Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 19, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.