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118 Rundle Drive, Canmore

CMSCN, Canmore

$2,597,000

About this property

Prime Canmore Investment & Development Opportunity located just steps from downtown shopping, the Bow River walking and biking trails, and the Canmore Nordic Centre, this exceptional income property offers a rare combination of lifestyle, revenue potential and future redevelopment opportunities. Pride of ownership is evident throughout the well-maintain property, with extensive renovations and upgrades completed over the past 10 years, including a new roof, furnace, hot water tank replacement and tree removal. The main residence is configured as an Up/Down duplex, with each unit featuring two bedrooms, one bathroom, a private entrance, storage, shed and separate ensuite laundry. Adding to the property’s income potential is a bright sun filled in-law suite situated above the detached garage. Outside, mature landscaping creates a private and inviting setting on a large private R2 zoned lot, complemented by multiple large, spacious decks that provide fantastic areas for entertaining, relaxing, and enjoying Canmore’s mountain surroundings. Alleyway access and oversized driveway with ample off-street parking. Whether you’re seeking a turnkey investment property, a multigenerational living arrangement, or a future redevelopment site, this property offers outstanding flexibility and long-term value in one of Canmore’s most desirable locations. A must see!

Essential information

MLS® number
A2347447
Status
Active
Price
$2,597,000
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
5
Bathrooms
3 full
Living area
3,032 sq ft
Lot size
10,519 sq ft
Year built
1993
Structure
House
Style
2 Storey, Attached-Up/Down
Levels
Two
Listing brokerage
Century 21 Nordic Realty
Source
Pillar 9™ MLS® System

Interior

Heating
Forced Air
Flooring
Vinyl Plank
Appliances
Dishwasher, Electric Oven, Electric Range, Range Hood, Refrigerator
Features
Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s)
Fireplaces
1
Fireplace
Electric
Laundry
Laundry Room, Multiple Locations

Exterior and construction

Features
Balcony, Garden, Private Entrance, Private Yard
Construction
Stucco, Wood Siding
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Back Lane, Back Yard, Front Yard, Garden, Level, Private
Frontage
19.81M 65`0"
Zoning
R2

Parking

Total parking
4
Garage spaces
1
Features
Double Garage Attached

Community

Subdivision
CMSCN
City
Canmore
Province
AB
Postal code
T1W2L9
Features
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Where it is

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Approximate location, plotted from the listing’s own coordinates.

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MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

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