$1,750,000
506 1st Street
Canmore, Alberta
3bed2bath1,346sqft
Alberta
Canmore Real Estate
Browse homes for sale in Canmore • Median $1,275,100
$1,275,100Median Price
30Avg Days on Market
74Condo44Detached2Other2Commercial1Leasehold
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Homes for Sale in Canmore
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Showing 12 of 133 listings
About Canmore Real Estate
Nestled in the heart of the Canadian Rockies, Canmore is a picturesque town that offers a unique blend of outdoor adventure and small-town charm. Originally established as a coal mining town in the late 19th century, Canmore has evolved into a thriving community known for its breathtaking landscapes, including the iconic Three Sisters mountain range. The town's rich history is celebrated through its preserved architecture and local art, reflecting a deep connection to its mining roots. Today, Canmore is renowned for its vibrant arts scene, numerous festivals, and outdoor activities, making it a sought-after destination for residents and visitors alike.
What sets Canmore apart is its commitment to preserving the natural environment while promoting an active lifestyle. With over 70 kilometers of hiking and biking trails, as well as world-class skiing in the nearby Canmore Nordic Centre and Banff National Park, the area attracts outdoor enthusiasts year-round. The charming downtown area features an array of locally-owned shops, cafes, and galleries that foster a strong sense of community. The blend of rustic mountain aesthetics with contemporary amenities creates a unique atmosphere that appeals to both locals and tourists.
The appeal of Canmore extends beyond its stunning landscapes and recreational opportunities. The town's population is a mix of young professionals, families, and retirees, all drawn to the area's welcoming community vibe. Events like the Canmore Folk Music Festival and the Canmore Mountain Festival showcase the local culture, while farmers' markets and seasonal fairs bring residents together to celebrate the area's agrarian roots. With its close-knit community feel, Canmore is not just a place to live, but a place to thrive, making it an attractive option for diverse buyer types seeking a quality lifestyle in a breathtaking setting.
101 active listings with a median price of $1,125,000.
Lifestyle & Community
Living in Canmore offers a vibrant lifestyle infused with a sense of adventure and community. Residents enjoy easy access to outdoor activities, from skiing and snowboarding in the winter to hiking, mountain biking, and rock climbing in the warmer months. The community is known for its active lifestyle, with a strong focus on wellness and outdoor pursuits. Local culture is celebrated through various events, including art festivals and farmers’ markets, creating a tight-knit atmosphere where neighbors become friends. The picturesque surroundings and scenic views contribute to an overall vibe of tranquility and connection to nature, making Canmore a truly special place to call home.
Local Amenities
- Canmore Nordic Centre
- Three Sisters Mountain Resort
- Canmore Recreation Centre
- Downtown shopping district
- Local art galleries
- Farmers' market
- Numerous hiking and biking trails
- Fine dining restaurants
- Grocery stores including Elevation Place
- Health and wellness services
- Community events and festivals
- Public parks and green spaces
Points of Interest
- Banff National Park
- Grassi Lakes Trail
- Canmore Museum and Geoscience Centre
- Three Sisters Mountains
- Canmore Nordic Centre Provincial Park
- Rat's Nest Cave
- Bow Valley Wildland Provincial Park
- Silvertip Golf Course
- Canmore's ArtsPlace
- The Canmore Folk Music Festival
Market Overview
With 101 active listings and a median listing price of $1,125,000, the Canmore real estate market reflects a strong demand for properties in this scenic mountain town. Buyers can expect a competitive market driven by the area's popularity with both full-time residents and vacation homeowners. While prices may appear high, they are indicative of the exceptional lifestyle and recreational opportunities that Canmore offers. As interest in mountain living grows, potential buyers should be prepared for quick transactions and consider acting swiftly when finding the right property.
Investment Outlook
Canmore presents excellent investment opportunities, particularly in the vacation rental market. With its proximity to Banff National Park and a steady influx of tourists, properties can generate significant rental income. Recent development trends focus on sustainable building practices and luxury accommodations, appealing to high-net-worth buyers and investors. As the demand for mountain escapes continues to rise, investing in Canmore real estate is likely to yield strong returns in the coming years.
Ideal For
Canmore is ideal for outdoor enthusiasts, families seeking a vibrant community, and retirees looking for a serene mountain lifestyle. First-time buyers may also find opportunities, especially with the growing number of condos and townhomes. Investors looking for vacation rental properties will find a lucrative market, making Canmore an attractive destination for various buyer profiles.
Nearby Cities
Living in Canmore
Lifestyle
Living in Canmore offers a vibrant lifestyle infused with a sense of adventure and community. Residents enjoy easy access to outdoor activities, from skiing and snowboarding in the winter to hiking, mountain biking, and rock climbing in the warmer months. The community is known for its active lifestyle, with a strong focus on wellness and outdoor pursuits. Local culture is celebrated through various events, including art festivals and farmers’ markets, creating a tight-knit atmosphere where neighbors become friends. The picturesque surroundings and scenic views contribute to an overall vibe of tranquility and connection to nature, making Canmore a truly special place to call home.
Local Amenities
Canmore Nordic CentreThree Sisters Mountain ResortCanmore Recreation CentreDowntown shopping districtLocal art galleriesFarmers' marketNumerous hiking and biking trailsFine dining restaurantsGrocery stores including Elevation PlaceHealth and wellness servicesCommunity events and festivalsPublic parks and green spaces
Market Insights
With 101 active listings and a median listing price of $1,125,000, the Canmore real estate market reflects a strong demand for properties in this scenic mountain town. Buyers can expect a competitive market driven by the area's popularity with both full-time residents and vacation homeowners. While prices may appear high, they are indicative of the exceptional lifestyle and recreational opportunities that Canmore offers. As interest in mountain living grows, potential buyers should be prepared for quick transactions and consider acting swiftly when finding the right property.
Investment Potential
Canmore presents excellent investment opportunities, particularly in the vacation rental market. With its proximity to Banff National Park and a steady influx of tourists, properties can generate significant rental income. Recent development trends focus on sustainable building practices and luxury accommodations, appealing to high-net-worth buyers and investors. As the demand for mountain escapes continues to rise, investing in Canmore real estate is likely to yield strong returns in the coming years.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
12
$200K – $400K
1
$400K – $600K
6
$600K – $800K
18
$800K – $1.0M
19
$1.0M – $1.5M
40
$1.5M – $2.0M
26
$2.0M – $3.0M
17
$3.0M+
17
Your Local Expert in Canmore
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Sue Saw
Real Estate Agent · Calgary
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Frequently Asked Questions About Canmore
How many homes are for sale in Canmore?
There are currently 133 active residential listings in Canmore. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Canmore?
The median list price for homes in Canmore is $1,275,100. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Canmore?
Properties available in Canmore include Condo (74), Detached (44), Other (2), Commercial (2), Leasehold (1). You can filter by property type using the search options on this page.
How long do homes stay on the market in Canmore?
Homes in Canmore spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Canmore?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Canmore?
Yes. You can browse homes in specific neighbourhoods within Canmore using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.