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CANMORE LUXURY CONDOS FOR SALE

Browse the Latest Townhouse & Apartment Listings in Canmore Alberta

The Institute of Luxury Home Marketing REAL ESTATE PROFESSIONALS

The Condo Lifestyle in Canmore, Alberta:

  • Alberta offers a blend of mountain-town charm & modern convenience, ideal for those seeking low-maintenance living amidst stunning natural surroundings. Residents enjoy close proximity to outdoor activities like hiking, skiing & mountain biking With easy access to shops, restaurants & the cultural amenities. Many Condos feature luxurious finishes, amenities like gyms or hot tubs with spectacular views of the Rockies, appealing to both full-time residents & the vacation property owners. Relaxation & a great opportunity to embrace an active, nature-focused way of life year-round. Scroll down for latest listings and a Canmore overview.

CANMORE RESIDENTS LOVE THE CONDO LIFESTYLE ❤️
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CANMORE CONDO APARTMENTS & TOWNHOUSES 

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CANMORE CONDO APARTMENTS & TOWNHOUSES FOR SALE IN ALBERTA CANADA

Canmore Condo Apartments & Townhouses for Sale in Alberta

Canmore Condo Apartments & Townhouses for Sale including Harvie Heights near Canmopre Alberta, Canada, a town located approximately 81 km (50 mi) West from Calgary near the South East side of Banff National Park. Our Information is updated daily.
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  • 201 825 8th Street in Canmore: Town Centre_Canmore Apartment for sale : MLS®# A2296976

    201 825 8th Street Town Centre_Canmore Canmore T1W 2B7
    Main Photo: 201 825 8th Street in Canmore: Town Centre_Canmore Apartment for sale : MLS®# A2296976

    201 825 8th Street Canmore T1W 2B7 Town Centre_Canmore

    $3,199,000
    Residential
    Status:
    Active
    MLS® Num:
    A2296976
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,268 sq. ft.
    Investor alert! 825 8th delivers elevated mountain living with a modern edge—and exceptional short-term rental potential. This boutique three-storey building offers an unbeatable location paired with high-end finishes throughout. This 4-bed, 4-bath property spans 2,268 sq ft, thoughtfully designed to capture panoramic mountain views while maximizing revenue from lucrative nightly rentals (projections exceeding $300K). Built by a respected local developer, it features exposed timber beams, custom millwork, white oak floors, and A/C. The sleek kitchen anchors the space, while oversized patio doors open to a show-stopping 36-ft-wide deck (10+ ft deep)—engineered for a hot tub and perfectly positioned to take in sweeping views down the valley. Take it one step further and escape to the rooftop deck with 360° mountain views—from sunrise to sunset. Whether a private alpine retreat or a high-performing income property, this one delivers on every level. Detailed revenue projections available. One unit remains—secure your piece of luxury with built-in return. Please note GST is applicable, talk to your tax professional about deferring. More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    Stu Lowe

  • 415 901 Mountain Street in Canmore: Bow Valley Trail Apartment for sale : MLS®# A2309217

    415 901 Mountain Street Bow Valley Trail Canmore T1W 0C9
    Main Photo: 415 901 Mountain Street in Canmore: Bow Valley Trail Apartment for sale : MLS®# A2309217

    415 901 Mountain Street Canmore T1W 0C9 Bow Valley Trail

    $2,699,900
    Residential
    Status:
    Active
    MLS® Num:
    A2309217
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    2,251 sq. ft.
    An exceptional lifestyle opportunity awaits, where luxury living meets outstanding income performance. This top-floor penthouse corner suite has generated over $300,000 in annual revenue, making it a rare and highly lucrative asset in one of Alberta’s most sought-after mountain destinations. Spanning 2,251 square feet, this spacious four-bedroom layout is purpose-built to accommodate large groups—an essential driver of its strong and consistent rental performance. The open-concept design seamlessly connects the living, dining, and kitchen areas, creating an inviting space ideal for entertaining. A striking three-sided fireplace anchors the living room, adding both warmth and a touch of upscale charm that guests consistently seek out. What truly sets this property apart is its premium experience offering. Guests can unwind in the private rooftop hot tub while taking in breathtaking panoramic mountain views, or relax on either of the two additional private balconies. Turnkey! More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    Stu Lowe

  • 103 905 Spring Creek Drive in Canmore: South Canmore Apartment for sale : MLS®# A2293998

    103 905 Spring Creek Drive South Canmore Canmore T1W 0L9
    Main Photo: 103 905 Spring Creek Drive in Canmore: South Canmore Apartment for sale : MLS®# A2293998

    103 905 Spring Creek Drive Canmore T1W 0L9 South Canmore

    $2,199,000
    Residential
    Status:
    Active
    MLS® Num:
    A2293998
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,657 sq. ft.
    This tourist zoned, bright and spacious 3 full bedroom, 2 bath, ground-level corner condo offers 1,657 sq. ft. of comfortable, single-level living with a layout that truly feels like home. Earning potential can Gross upwards of 200K annually. Enter through a welcoming, tastefully tiled foyer, and step into the open-concept main living area, where large south facing windows bring in plenty of natural light and showcase stunning mountain views. The covered deck is the perfect spot to take it all in, year round. The living space features hardwood flooring, a cozy stone gas fireplace, dining area, and a chef-style luxury kitchen with quartz countertops', and plenty of cupboard space. All three bedrooms are carpeted, including the oversized primary suite with a walk-in closet and a generous spa inspired 5-piece ensuite. The two additional bedrooms enjoy bright east-facing views, and the condo comes fully furnished. As a southeast corner unit, the home benefits from great light throughout the day, and also comes with 2 titled underground parking stalls with an assigned storage locker. Owners and guests also enjoy access to a gym and a charming courtyard space which includes an outdoor hot pool. Bridgette Bar and numerous shops are just steps away in Spring Creek Village, and you will enjoy a whimsical walk into town on the policeman's creek boardwalk. This is a Gem of a property with flexible zoning, giving you the ability to also use it for yourself whenever you want, making it an ideal Mountain Retreat. GST is applicable. Please seek independent accounting advice regarding deferral of GST. More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    Stu Lowe

  • 403 505 Spring Creek Drive in Canmore: Spring Creek Apartment for sale : MLS®# A2310419

    403 505 Spring Creek Drive Spring Creek Canmore T1W 0C5
    Main Photo: 403 505 Spring Creek Drive in Canmore: Spring Creek Apartment for sale : MLS®# A2310419

    403 505 Spring Creek Drive Canmore T1W 0C5 Spring Creek

    $1,950,000
    Residential
    Status:
    Active
    MLS® Num:
    A2310419
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,280 sq. ft.
    Visit REALTOR® website for additional information. Welcome to the pinnacle of penthouse living in Canmore. This extraordinary single-level residence showcases some of the most breathtaking panoramic mountain views in the Bow Valley, enjoyed from nearly every room and from two expansive south-facing decks designed for exceptional outdoor living. Thoughtfully crafted for both luxury and entertaining, the grand open-concept living area features soaring vaulted wood ceilings, rich hardwood floors, a striking stone fireplace, and expansive windows that perfectly frame the surrounding mountain scenery. Whether relaxing indoors or stepping outside to your private outdoor retreats — including one deck complete with a hot tub — you’ll be immersed in spectacular mountain views at every turn. The gourmet kitchen is beautifully appointed with stainless steel appliances, custom cabinetry, and granite countertops, seamlessly blending style and functionality. Two spacious vaulted primary suites offer private ensuites and walk-in closets and direct deck access, with one featuring a luxurious steam shower. A generous third bedroom enjoys direct deck access and sits adjacent to a third full bathroom, while the bright and versatile den provides the ideal home office or optional fourth bedroom. Additional features include in-unit laundry, two heated underground parking stalls, dedicated storage space, and access to the owners’ fitness gym. A rare offering combining refined mountain luxury, exceptional indoor-outdoor living, and unforgettable views in one of Canmore’s most desirable penthouse settings. More details
    Listed by PG Direct Realty Ltd.
    LISTING DETAILS
    Stu Lowe

  • 406 187 Kananaskis Way in Canmore: Bow Valley Trail Apartment for sale : MLS®# A2283084

    406 187 Kananaskis Way Bow Valley Trail Canmore T1W 0A3
    Main Photo: 406 187 Kananaskis Way in Canmore: Bow Valley Trail Apartment for sale : MLS®# A2283084

    406 187 Kananaskis Way Canmore T1W 0A3 Bow Valley Trail

    $1,853,250
    Residential
    Status:
    Active
    MLS® Num:
    A2283084
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,367 sq. ft.
    Welcome to Solara Resort’s largest suite - 1,300+ SF top-floor penthouse featuring 3 bedrooms & 2 bathrooms with vaulted ceilings, and two private balconies with sweeping mountain views. With an exceptional array of amenities, the suite offers a pool/ping pong table, home theatre system, and a 60,000 BTU fire table on the balcony. It also features premium finishes throughout, including European cork flooring; granite and polished concrete countertops; a fully equipped gourmet kitchen with stainless steel appliances; and spa-inspired bathrooms with a multi-jet massage shower and a large soaker tub. Solara Resort is regarded as one of Canmore’s premier resorts, featuring an indoor pool and hot tub, fitness center, central air-conditioning, and underground heated parking. The penthouse suite already has $86,000 (net of Airbnb/VRBO fees, cleaning fees, and taxes) in confirmed reservations for 2026 and is projected to do $165,000 (gross). The current owners are happy to manage this property for you, offering a seamless, turnkey opportunity. It’s a great investment opportunity – a potential of 12% return on investment. More details
    Listed by Century 21 Nordic Realty
    LISTING DETAILS
    Stu Lowe

  • 201 829 8th street in Canmore: South Canmore Apartment for sale : MLS®# A2227074

    201 829 8th street South Canmore Canmore T1W 2B3
    Main Photo: 201 829 8th street in Canmore: South Canmore Apartment for sale : MLS®# A2227074

    201 829 8th street Canmore T1W 2B3 South Canmore

    $1,750,000
    Residential
    Status:
    Active
    MLS® Num:
    A2227074
    Bedrooms:
    2
    Bathrooms:
    2
    Floor Area:
    1,189 sq. ft.
    Welcome to Settler's Block. Canmore's only luxury steel and concrete building on main street. This 2 bed 2 bath 2nd floor corner unit in the heart of downtown is finished to the highest standard with ceiling beams and mantles constructed from reclaimed wood from the Canmore Engine bridge, hardwood and tile flooring, high end finishings, Bertazzoni stainless steel appliances with gas range, infloor heat, A/C, and a private patio with gas hookup with breathtaking mountain views. Elevator access to the 2500 sq ft rooftop patio provides BBQ's and a seating area for entertaining, and an Infra red Sauna for relaxing and enjoying the 360 degree, panoramic views of Canmore. Only 2 units Left! More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    Stu Lowe

  • 302 1105 Spring Creek Drive in Canmore: Spring Creek Apartment for sale : MLS®# A2316376

    302 1105 Spring Creek Drive Spring Creek Canmore T1W 0M6
    Main Photo: 302 1105 Spring Creek Drive in Canmore: Spring Creek Apartment for sale : MLS®# A2316376

    302 1105 Spring Creek Drive Canmore T1W 0M6 Spring Creek

    $1,495,000
    Residential
    Status:
    Active
    MLS® Num:
    A2316376
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,551 sq. ft.
    Welcome to sophisticated mountain living in Canmore's most coveted addresses. Set within Jack Pine Lodge, this beautifully appointed three-bedroom, two-bathroom residence sits at the heart of Spring Creek — one of the most sought-after communities in the Canadian Rockies. Nestled between Policeman's Creek and Spring Creek, and just a short stroll from downtown Canmore, this is mountain living at its most connected. Spanning over 1,500 square feet, this thoughtfully designed home offers generous living space that feels both luxurious and livable. From the moment you step through front door, the quality is unmistakable. Stone tile flooring anchors the entryway. The heart of the home is a chef's kitchen that will impress even the most discerning buyer. White shaker cabinetry reaches to the ceiling, framing a full suite of KitchenAid stainless steel appliances — including a gas range, French-door refrigerator, built-in microwave, and dishwasher. Granite countertops and a dramatic multi-tone stone tile backsplash add warmth and texture, while the oversized island provides generous prep space and a natural gathering spot for guests. The open-concept living and dining area is anchored by a striking stone gas fireplace with a natural wood mantle — the ideal focal point for après-ski evenings in. A large-format window frames a captivating view of the surrounding rooftops and snow-dusted peaks beyond, flooding the space with natural light throughout the day. Retreat to the lavish master suite, featuring a ensuite bath and a generous walk-in closet, providing the ultimate sanctuary after a long day. Additional highlights include: Outside your door, the Spring Creek community continues to evolve as one of Canmore's premier destinations. The beloved Bridgette Bar is right across the street, and an exciting new wine bar is coming soon to the neighbourhood — making this an address that only gets better with time. The building is strictly residential, offering a quieter, more private atmosphere than hotel-zoned properties, while still placing you within easy walking distance of Canmore's downtown shops, restaurants, and the scenic pathway networks that follow both Policeman's Creek and Spring Creek through the valley. Additional highlights include • Premium hardwood flooring throughout • Designer fixtures and finishes • In-unit laundry for added convenience • Titled parking in a secured garage • Fitness center and hot tub for residents' exclusive use — everything you need for comfortable, year-round mountain living. Whether you're searching for a full-time residence or a personal mountain retreat, this is a rare opportunity to own in one of Canmore's finest buildings in its most vibrant neighbourhood. Schedule your private showing today and make this exquisite urban retreat your new address! More details
    Listed by CIR Realty
    LISTING DETAILS
    Stu Lowe

  • 320 1724 Bow Valley Trail in Canmore: Bow Valley Trail Apartment for sale : MLS®# A2314119

    320 1724 Bow Valley Trail Bow Valley Trail Canmore T1W 1L7
    Main Photo: 320 1724 Bow Valley Trail in Canmore: Bow Valley Trail Apartment for sale : MLS®# A2314119

    320 1724 Bow Valley Trail Canmore T1W 1L7 Bow Valley Trail

    $1,468,950
    Residential
    Status:
    Active
    MLS® Num:
    A2314119
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    868 sq. ft.
    Experience modern mountain living and exceptional investment potential in this beautifully designed 3 bedroom, 2 bathroom north facing condo in Rundle Park. Offering 868 sqft of thoughtfully designed living space and fully zoned for short term rentals, this property is perfectly suited as a personal mountain retreat or high performing vacation rental in the heart of the Canadian Rockies. The open concept layout is designed to maximize comfort and functionality, featuring a modern kitchen with sleek cabinetry, stainless steel appliances, generous counter space, and a bright living area framed by large windows that capture beautiful mountain views and natural light throughout the day. One of the standout features of the home is the heated glass enclosed 3 season balcony, creating a versatile extension of the living space that can be enjoyed year round. Relax in comfort during cooler months or slide away the glass panels in the summer to create a seamless indoor outdoor entertaining space. The spacious primary bedroom includes a private ensuite, while the additional bedroom and flexible bunk room provide excellent versatility for family, guests, or maximizing short term rental occupancy. Complete with in suite laundry, this unit offers the perfect balance of style, functionality, and mountain lifestyle. Located just minutes from downtown Canmore, hiking and biking trails, golf courses, restaurants, and endless outdoor recreation, Rundle Park offers a rare opportunity to own in a sought after short term rental development in one of Alberta’s premier mountain destinations. CONSULT YOUR ACCOUNTANT ON GST DEFERRAL. List Price: $1,399,000 + Applicable GST. More details
    Listed by Century 21 Nordic Realty
    LISTING DETAILS
    Stu Lowe

  • 222 101 Montane Road in Canmore: Bow Valley Trail Apartment for sale : MLS®# A2293143

    222 101 Montane Road Bow Valley Trail Canmore T1W 0G2
    Main Photo: 222 101 Montane Road in Canmore: Bow Valley Trail Apartment for sale : MLS®# A2293143

    222 101 Montane Road Canmore T1W 0G2 Bow Valley Trail

    $1,459,000
    Residential
    Status:
    Active
    MLS® Num:
    A2293143
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,188 sq. ft.
    Positioned within the popular Grizzly Lodge at The Lodges of Canmore, this spacious short term rental use, three-bedroom, two-bathroom condominium offers an exceptional opportunity to generate income while owning a retreat in the Canadian Rockies. Offered at $1,450,000 + GST. With 1,188 sqft of single-level living, the residence is thoughtfully configured to accommodate up to eight guests—ideal for the strong demand from visitors exploring Banff National Park, Lake Louise, and the Bow Valley. Recently refreshed with new flooring, lighting, and paint, the home presents a welcoming alpine aesthetic designed for both guest comfort and owner enjoyment. The open living and dining areas extend to a generous private balcony, providing space to relax after a day of skiing, hiking, or exploring the mountains. Two owner lock-offs in the kitchenallow convenient storage of personal items while the property is operating as a vacation rental. For investors, the property offers compelling performance potential with gross pro-forma revenue estimated at approximately $185,000+ annually, supported by Canmore’s thriving year-round tourism market. Guests and owners alike benefit from the resort-style amenities at The Lodges of Canmore, including an outdoor pool, hot tubs, fitness centre, and secure underground parking. From this central location, visitors can walk to Main Street, local shops and restaurants, or access the extensive Bow River trail network just steps away. Combining strong revenue potential with the lifestyle of the Canadian Rockies, this turnkey property offers the rare ability to generate meaningful income while maintaining a personal mountain base for your own escapes to Canmore. More details
    Listed by Sotheby's International Realty Canada
    LISTING DETAILS
    Stu Lowe

  • 102 109 kananaskis Way in Canmore: Bow Valley Trail Row/Townhouse for sale : MLS®# A2297163

    102 109 kananaskis Way Bow Valley Trail Canmore T1W 2X2
    Main Photo: 102 109 kananaskis Way in Canmore: Bow Valley Trail Row/Townhouse for sale : MLS®# A2297163

    102 109 kananaskis Way Canmore T1W 2X2 Bow Valley Trail

    $1,428,000
    Residential
    Status:
    Active
    MLS® Num:
    A2297163
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,011 sq. ft.
    Skyline Peaks!!! Positioned at the Skyline Peaks Resort, this spacious Short Term Rental with Three-bedroom, Two-bathroom Townhouse has everything you want: Unbeatable Mountain views, convenient locations, thoughtful design on the room configuration. Don’t miss such an exceptional opportunity to own a retreat in the beautiful Canadian Rockies. The unit is town house style and it has one level living with 1081 sqft. It can comfortably host up to Ten guests, generate approximately $160,000 gross revenue every year. Amenities at the resort includes hot tub, outdoor pool, and parking. Lots of cabinets, modern fireplace, quartz countertop, big island to make it feel home for the guest. Two four-piece bath are thoughtfully designed with under floor heating. Built in 2023, the unit presents a modern and aesthetic design for both comfort, enjoyment and luxury. $1,360,000 +GST = $1,428,000. Consult your accountant about GST deferral options. More details
    Listed by Grand Realty
    LISTING DETAILS
    Stu Lowe

  • 206 109 Kanananskis Way in Canmore: Bow Valley Trail Row/Townhouse for sale : MLS®# A2310685

    206 109 Kanananskis Way Bow Valley Trail Canmore T1W 2X2
    Main Photo: 206 109 Kanananskis Way in Canmore: Bow Valley Trail Row/Townhouse for sale : MLS®# A2310685

    206 109 Kanananskis Way Canmore T1W 2X2 Bow Valley Trail

    $1,362,900
    Residential
    Status:
    Active
    MLS® Num:
    A2310685
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    844 sq. ft.
    Amazing 180 degree unobstructed SW views that showcase all of the best mountains in the Bow Valley including the Three Sisters, Ha-Ling, the whole of the Rundle Range and Cascade mountain beside Banff. Enjoy watching the sun set over Mt. Rundle from your warm SW facing patio, from two of the downstairs bedrooms and from the whole of the upper level through the expansive windows. This unit had a very strong $162k in gross deposit income in 2025! The condo fees and property tax are low relative to other 3 bedroom units making the balance sheet very strong and a better investment than most other 3 bedrooms. There are over 200 guests over 108 guest nights booked in the coming months! The 2 floor layout with vaulted ceilings in the upper level is popular for guests with great separation between the upper and lower levels and often gets more revenue than a single level unit. The property has been well maintained and still has a new feeling with many new construction features one is accustomed to including quartz countertops, fireplace and contemporary and well matched decor. The current arrangement allows for sleeping up to 10 guests. Owners can enjoy the outdoor tub for relaxation and the pool is very popular with the kids. The condo is an easy stroll from the heart of downtown Canmore and Spring Creek is just steps away. The price is $1,298,000+GST (GST if often deferred and not paid at the time of sale). More details
    Listed by Coldwell Banker Lifestyle
    LISTING DETAILS
    Stu Lowe

  • 102 101A Stewart Creek Rise in Canmore: Three Sisters Apartment for sale : MLS®# A2278652

    102 101A Stewart Creek Rise Three Sisters Canmore T1W 0K2
    Main Photo: 102 101A Stewart Creek Rise in Canmore: Three Sisters Apartment for sale : MLS®# A2278652

    102 101A Stewart Creek Rise Canmore T1W 0K2 Three Sisters

    $1,299,999
    Residential
    Status:
    Active
    MLS® Num:
    A2278652
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    2,084 sq. ft.
    Welcome to this beautifully appointed 3-bedroom, 3-bathroom ground-level residence in the prestigious Abruzzo Building at Canmore Renaissance. Offering over 2000 Sq Ft of thoughtfully designed living space, this recently renovated home combines refined mountain style with the convenience of walk-out accessibility and sweeping mountain views. The open-concept kitchen and living area is flooded with natural light and anchored by a cozy gas fireplace. The chef’s kitchen features Wolf built-in appliances, granite countertops, an oversized island, and elegant custom cabinetry with abundant storage, making it ideal for both everyday living and entertaining. The spacious primary suite includes a walk-in closet and a spa-inspired 5-piece ensuite with a stand-alone soaker tub and walk-in shower. Two additional guest bedrooms, a full 4-piece bath, a powder room, and a large dedicated laundry room provide excellent separation and functionality for families, guests, or extended stays. Additional features include engineered hardwood flooring with in-floor heating throughout, a large private ground-level patio with gas BBQ rough-in, and direct access to the fitness center and recreation lounge just steps from your door. Elevator access leads to the heated underground parkade with an assigned double tandem parking stall, plus convenient street parking for guests. Set within one of Canmore’s most desirable luxury developments, this home offers the rare combination of single-level living, premium finishes, outdoor access, and mountain views. This is an exceptional opportunity to own a luxury residence at Canmore Renaissance. Contact us for availability and to arrange your private showing. More details
    Listed by Real Broker
    LISTING DETAILS
    Stu Lowe
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Data was last updated June 1, 2026 at 12:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.


CANMORE COMMUNITY OVERVIEW & DESIGNATED SCHOOLS

Canmore, Alberta. Canada.

 HISTORICAL GROWTH & TOURISM IMPACT

Canmore:

  • Though not a national park, is a key gateway to both Banff and Kananaskis, and benefits from significant tourism traffic. While exact 2024 visitor statistics for Canmore are not specified, the town's events, such as the Canmore Folk Music Festival, attract over 19,000 attendees annually . Additionally, Canmore's proximity to Banff and Kananaskis contributes to its status as a popular base for visitors exploring the region.

Banff:

  • Banff National Park, Canada's oldest and most-visited national park, saw a record-breaking 4.29 million visitors during the 2023/24 fiscal year, surpassing the previous high of 4.13 million in 2022/23 . From April to August 2024, the park welcomed 2.37 million visitors, indicating strong summer engagement. Notably, July alone accounted for 694,127 visitors, making it the busiest month for any park in Canada . 

Kananaskis: 

  • Recorded approximately 4.7 million visitors in 2023, up from 4.1 million in 2019 . While specific 2024 figures are not yet available, this upward trend suggests continued growth in visitor numbers for 2025. 

Canmore & Area Summary:

  • As a year-round destination, Canmore's tourism significantly impacts the local economy & housing market. In 2023, there were 4.7 million visitors to Kananaskis which indicates strong tourist demand.

HOUSING MARKET TRENDS

Property Prices:

  •  As of May 2025, the average home price in Canmore is approximately $1,500,000.

Market Dynamics:

  • The market has experienced significant fluctuations over the past decade, with increases in property values in the last few years.

FUTURE HOUSING MARKET OUTLOOK

Property Demand:

  •  Given Canmore's status as a premier tourist destination, demand for housing is expected to remain strong with increases in values.

Investment Considerations:

  • The unique location & influx of tourists suggest that real estate in Canmore offers personal enjoyment & investment returns.

CANMORE DESIGNATED SCHOOLS

Public Schools:

Catholic Schools:

ADDITIONAL EDUCATION OPTIONS

Canmore Preschool Society:

  • Early child education with a play-based learning approach, preparing children for elementary school.

Public Schools in Canmore:

  • Part of Canadian Rockies Public Schools for students' physical, cognitive, emotional, social & spiritual development.

Transport Services:

  • Are available for students residing at eligible distances from their schools, ensuring convenient access to educational facilities. 

SHORT-TERM RENTAL OPPORTUNITIES

  •  Canmore's appeal as a tourist destination makes it a popular location for short-term rentals. In 2023, a typical short-term rental listing in Canmore was booked for 281 nights a year, with a median occupancy rate of 77% and an average daily rate of CA$346+.  

 BUYING A HOME IN CANMORE:

Property Types:

  • The market includes a mix of single-family homes, townhouses, and condominiums, each with distinct pricing and availability.

Regulatory Environment:

  •  As a resort community, Canmore has specific regulations regarding property ownership, development & usage. It's essential to understand these rules to ensure compliance & suitability for your needs.

Lifestyle & Amenities:

  •  Living in Canmore offers unparalleled access to outdoor activities & cultural events. Enhancing the overall living experience.

REGULATORY ZONING

Thorough Research (Zoning) 

  •  Canmore has strict zoning laws that limit short-term rentals to Tourist Homes & Hotel Condos only.
  • After all aspects of consultation with us, you can make an informed decision when purchasing a home in Canmore, Alberta.

Important Note: 

  • Condo buyers should conduct document checks to avoid unexpected costs, understand the building's rules, assess its financial health, identify any legal special assessments or structural issues & ensure proper insurance coverage. This protects their investment & avoid future conflicts or expenses.

For Expert Guidance:

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LUXURY ADVANTAGE

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.