Income Properties for Sale in and Around Canmore AB

Search all updated Income Properties for Sale in and Around Canmore AB including Banff, Lake Louise and surrounding recreational cities and towns. Income Properties for Sale in and Around Canmore AB

Below you will find all updated real estate listings around Canmore that may qualify as an investment property type and income property.  If you would like more information on any of these real estate listings, just click the "Request More Information" button when viewing the details of that property. We can provide you with disclosures, past sales history, dates and prices of homes recently sold nearby, and more.

And, if you haven't already, be sure to register for a free account so that you can receive email alerts whenever new listings come on the market. Start your search here for all Canmore AB Homes and Real Estate

Income Property FAQ

Search all Income Property June 10, 2023
29
Listed
202
Avg. DOM
$348.59
Avg. $ / Sq.Ft.
$374,900
Med. List Price
29 Properties
Page 1 of 3
$435,000
Neighbourhood: Downtown
1,890
Sq.Ft.
2014
Year Built
2
Days on Site
A2056077
MLS®
Looking to be your own boss and run a profitable business? Look no further than this well know Mucho Burrito franchise located in a fantastic neighborhood with desirable demographics and plenty of...
$199,000
Neighbourhood: Inglewood
672
Sq.Ft.
1912
Year Built
10
Days on Site
A2053447
MLS®
Welcome to Good News Coffee, a remarkable coffee shop business located in the vibrant community of Inglewood. This commercial BUSINESS listing presents a fantastic opportunity to own a thriving...
$25
Neighbourhood: Bow Valley Trail
592
Sq.Ft.
2008
Year Built
39
Days on Site
A2045465
MLS®
Prime Retail Space available at the Solara Resort in Canmore. Units 269 B, 269 C, 268 can be leased separately or together. 592 Sq. Ft. up to 3,940 Sq. Ft. of contiguous space on the main floor. All...
$25
Neighbourhood: Bow Valley Trail
3,348
Sq.Ft.
2008
Year Built
39
Days on Site
A2045467
MLS®
Prime Retail Space available at the Solara Resort in Canmore. Units 269 B, 269 C, 268 can be leased separately or together. 592 Sq. Ft. up to 3,940 Sq. Ft. of contiguous space on the main floor. All...
44
Days on Site
A2044162
MLS®
An exceptional opportunity presents itself to acquire a highly coveted business on Banff Ave. With more than 6 million visitors to the National Park annually, this mechanic and service destination is...
1,728
Sq.Ft.
2022
Year Built
60
Days on Site
A2039520
MLS®
Commercial Bay - Brand new and ready for you to design to fit your needs. This unit is a large 1728 sq feet space allowing for multiply uses. Pull through unit. Roughed in plumbing for 2 washrooms...
384
Sq.Ft.
2000
Year Built
65
Days on Site
A2038059
MLS®
Trappers Hills Lodges is a recreational site with a Recreational-Commercial campground Lease in place from the Provincial Government. This 76.11 acres of land that has lots of space for further...
653
Sq.Ft.
1977
Year Built
86
Days on Site
A2032832
MLS®
Have you ever dreamed of opening your own restaurant in Banff? Here is an opportunity to run your own restaurant in a well established mall located right on Banff Avenue. "Pad Thai Restaurant" is...
2,000
Sq.Ft.
2001
Year Built
94
Days on Site
A2030858
MLS®
An exceptional chance to purchase a fully operational Banff Light Industrial Business. Bow River Glass has been providing high end services to the Bow Valley and neighboring areas for over 20 years....
2,400
Sq.Ft.
1990
Year Built
115
Days on Site
A2026068
MLS®
Very well constructed and maintained building with high exposure on a very busy street. Currently this space is demised to house 2 separate business' but could easily converted to one space....
$61,260
Neighbourhood: Town Centre_Canmore
2,000
Sq.Ft.
2009
Year Built
125
Days on Site
A2023668
MLS®
Amazing Location for your business in the heart of Canmore. Easy on-street parking, and very good traffic. With 2042 square feet of space this is a rare find in Downtown Canmore. It has high...
$1,195,000
Neighbourhood: Town Centre_Canmore
2,042
Sq.Ft.
2009
Year Built
125
Days on Site
A2023673
MLS®
Amazing Location for your business in the heart of Canmore. Easy on-street parking, and very good traffic. With 2042 square feet of space this is a rare find in Downtown Canmore. It has high...

More Information and FAQ on Income Properties in Canmore

What is an income property?

Property that generates an income is nominal revenues minus expenses for variable uses such as labor and materials. Income property represents a return of supply for physical and financial capital. 

How does income property work?

This type of property is real estate purchased or developed to earn income by renting or leasing the property to others. The second part of income property is for appreciation as well. This could be either residential or commercial.

Can any property be an income property?

Not every property can be an income property. It must have a way to generate income, which means it is usually not your primary home unless you have a rental portion of the property, run a B&B, rent out space or storage, hold events, or have a home-based business. It is technically a property used to make a profit which is not normally your primary residence but it can be with certain stipulations. 

How do I know if it's a good income property?

To determine if a property will make a good investment use the one-percent rule, which states that property should rent for 1% or more of its total cost. For instance, if a property is worth $500,000 it must generate at least $5000 a month to qualify. 

What other rules are there in finding the perfect income property?

There is a 50% rule in real estate investing as well that states that half of the gross income generated by a rental or investment property should go toward operating expenses to determine profitability. If the numbers don't add up, it's not a good investment. 

Do I need a real estate agent to find a good income property?

It's not required but it does help! And remember, to use a buyer's agent that knows the ropes doesn't cost you anything. These agents are paid from the sale of whatever property you choose so it really pays to use your own dedicated agent that really understands income property. 

When you're ready, contact us at any time. We know the Banff real estate market, ideal for income property as well as Canmore and surrounding towns and communities When you want the best in income property know-how, trust the experts.

Contact Canmore Real Estate Group

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.