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634A 7th Street
In the heart of Canmore, this rare 5-bedroom, 5-bath home delivers the kind of privacy and natural connection that's hard to find. Spring Creek originates on this property; rare waterfront tranquility with soothing sounds and serene views right from your doorstep.Timber staircases, stone details, and hand-selected custom finishes throughout capture the character that defines true mountain living. Premium Lux windows and high-end Jennair and Miele appliances ensure both elegance and performance. The crown jewel is the massive 500 sq ft rooftop patio with wraparound mountain views, all-day sun, and engineered for a hot tub. Whether you're hosting friends after a day on the trails or unwinding under the stars. The main level is thoughtfully laid out with a private primary retreat complete with ensuite and walk-in closet, a second bedroom, full bath, laundry, and direct access to the creekside backyard. Upstairs, a bright open-concept kitchen with wall ovens, wine storage, and premium appliances flows into a generous dining area and great room with built-ins — spilling seamlessly onto multiple balconies with creek and ground level access. A third bedroom or den rounds out this level perfectly.Up top, a fourth bedroom with its own bath and a bonus media/ workout room lead the way to the rooftop patio. The double attached garage provides generous space for parking and gear storage. Privately positioned above the garage with its own separate entrance, the fully self-contained ADU offers a private balcony, bedroom, full-size kitchen, and living space — ideal for extended family, guests, or rental income. Every level of this home connects you back to the outdoors, from the creekside backyard to the sun-soaked rooftop above. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 3.81 M x 3.61 M | |
| Primary Bedroom | 3.51 M x 4.27 M | |
| 4pc Bathroom | — | |
| 4pc Bathroom | — |
Second level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 4.37 M x 3.40 M | |
| 2pc Bathroom | — |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 3.28 M x 3.51 M | |
| 3pc Bathroom | — |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Bedroom | 3.51 M x 3.51 M | |
| 3pc Bathroom | — |
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
-0.51%
Cap rate
4.76%
GRM
13.9
Break-even rent
$19,819
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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
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.
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 20, 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.