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.

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Income Property FAQ

Search all Income Property February 7, 2023
25
Listed
159
Avg. DOM
$282.25
Avg. $ / Sq.Ft.
$565,000
Med. List Price
25 Properties
Page 1 of 3
$61,260
Neighbourhood: Town Centre_Canmore
2,000
Sq.Ft.
2009
Year Built
2
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
2
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...
$769,000
Neighbourhood: Town Centre_Canmore
1,109
Sq.Ft.
2008
Year Built
12
Days on Site
A2021612
MLS®
CANMORE PLACE, prime exposed ground floor unit in a well established mixed use complex. This corner unit is ideally located for a wealth of businesses. (Please see supplements for previous photos.)2...
1,200
Sq.Ft.
2022
Year Built
22
Days on Site
A2019704
MLS®
Commercial Bay - New & Ready for your vision
Brand new and ready for you to design to fit your needs. This unit is a large 1200 sq feet space allowing for multiply uses. Roughed in plumbing for a...
1,728
Sq.Ft.
2022
Year Built
22
Days on Site
A2019705
MLS®
Commercial Bay - New & Ready for your vision
Brand new and ready for you to design to fit your needs. This unit is a large 1728 sq feet pull through space allowing for multiply uses. Roughed in...
3,466
Sq.Ft.
2022
Year Built
62
Days on Site
A2014926
MLS®
Great investment property with CAP rates of 8%+ seller will consider Rent to Own and vendor Financing for this large vaulted second floor commercial space with many uses in the Transisition...
1,400
Sq.Ft.
2018
Year Built
62
Days on Site
A2014930
MLS®
Seller Motivated for this Bay with second floor office that is fully sprinklered with many uses in the Hamlet Industrial of Deadmans Flats. Double bay also available
$31
Neighbourhood: Bow Valley Trail
1,421
Sq.Ft.
2008
Year Built
86
Days on Site
A2011429
MLS®
Prime Retail Space available at the Solara Resort in Canmore. Both main floor units accessed from the lobby or second floor units with premium window exposure and views are available. Units 269 B,...
$31
Neighbourhood: Bow Valley Trail
635
Sq.Ft.
2008
Year Built
86
Days on Site
A2011795
MLS®
Prime Retail Space available at the Solara Resort in Canmore. Unit 273 and Unit 274 could be leased together for a total of 2,056 Sq. Ft. All main floor units are accessed from the lobby. There is an...
7,000
Sq.Ft.
1978
Year Built
94
Days on Site
A2010387
MLS®
This package deal of business, building, and land is a rare find on the valley floor in Canmore, Alberta. The property is 3/4 acres with a 6000 Sqft building. Zoned by the Town of Canmore this...
$649,900
Neighbourhood: Eagle Terrace
1,229
Sq.Ft.
2008
Year Built
107
Days on Site
A2008379
MLS®
Welcome to Mountain Winds! This prime location is situated in the stunning and vibrant neighborhood of Eagle Terrace. This 1229 sq.ft. commercial bay is adjacent to a specialty wine shop, the Le...
$350,000
Neighbourhood: Bow Valley Trail
3,000
Sq.Ft.
1995
Year Built
113
Days on Site
A2006980
MLS®
A rare opportunity to own and operate the restaurant business in a gateway of world famous town of Canmore. This fully equipped restaurant has 84 seat with a long history of the ownership and proud...

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

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