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Reduced $230,000 (13%) from $1,797,000
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260 Grizzly Crescent
Beds
5
Baths
4 full + 1 half
Sqft
2,156
Year
1987
Type
Single Family
On market
41d
Set on an expansive lot along a quiet crescent in sun-drenched Cougar Creek, 260 Grizzly Crescent offers a rare combination of space, privacy, and breathtaking views of the Three Sisters.Inside, the home blends modern mountain style with a bright, open-concept layout designed to maximize natural light. The main living area features warm hardwood flooring and flows seamlessly into a beautifully renovated kitchen, complete with updated finishes and thoughtful design for both everyday living and entertaining. Just off the kitchen, a large deck extends the living space outdoors perfect for taking in the surrounding mountain views.The home offers a functional and flexible layout, including a dedicated home office and a spacious primary suite with a renovated, spa-inspired ensuite. A standout feature is the private balcony off the primary bedroom your own quiet vantage point overlooking the Three Sisters. Additional updated bathrooms throughout the home add to the move-in-ready appeal.What truly sets this property apart is the outdoor space. The oversized lot creates a backyard that is a true gardener’s dream, lush, private, and full of potential. A garden shed provides excellent storage for tools and gear, while the setting offers a peaceful retreat surrounded by nature.The lower level includes separate access, offering flexibility for guests, extended family, or future possibilities.Located just steps from schools, parks, and Canmore’s extensive trail network, this property captures the essence of Bow Valley living. Complete with a double car garage and exceptional outdoor space, this is a rare opportunity to own a large-lot home in one of Canmore’s most desirable neighbourhoods. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 7.33 Ft x 10.92 Ft | |
| Other | 8.42 Ft x 8.67 Ft | |
| Bedroom | 8.25 Ft x 9.67 Ft | |
| Bedroom | 8.25 Ft x 10.08 Ft | |
| Recreational, Games room | 33.83 Ft x 16.75 Ft | |
| Storage | 12.08 Ft x 7.50 Ft | |
| Furnace | 11.17 Ft x 12.42 Ft |
Main level
| Room | Dimensions | Features |
|---|---|---|
| 2pc Bathroom | 7.50 Ft x 5.17 Ft | |
| Breakfast | 6.50 Ft x 14.08 Ft | |
| Dining room | 11.25 Ft x 10.75 Ft | |
| Family room | 12.75 Ft x 20.67 Ft | |
| Foyer | 9.58 Ft x 5.33 Ft | |
| Kitchen | 10.33 Ft x 13.50 Ft | |
| Living room | 16.42 Ft x 11.83 Ft | |
| Office | 11.33 Ft x 11.08 Ft |
Second level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 9.92 Ft x 6.00 Ft | |
| 4pc Bathroom | 8.25 Ft x 6.00 Ft | |
| Bedroom | 13.08 Ft x 10.08 Ft | |
| Bedroom | 13.08 Ft x 10.25 Ft | |
| Primary Bedroom | 14.83 Ft x 14.25 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).
Cash on cash
-0.68%
Cap rate
4.73%
GRM
13.9
Break-even rent
$9,588
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.
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 26, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.