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 May 23, 2022
23
Listed
201
Avg. DOM
$700.77
Avg. $ / Sq.Ft.
$850,000
Med. List Price
23 Properties
Page 1 of 2
Pending
1200 2Nd Ave #106 Canmore, AB T1W 1N1
$599,000
Neighbourhood: Teepee Town
818
Sq.Ft.
2023
Year Built
40
Days on Site
A1202055
MLS®
A ground floor single level commercial space facing Bow Valley trail. Ideally located close to the Canmore hospital, hotels and other commercial businesses. This property comes as a shell with a wall...
$785,000
Neighbourhood: Bow Valley Trail
1,649
Sq.Ft.
2008
Year Built
53
Days on Site
A1201207
MLS®
Wow. Wow. Wow, A 1,649 space in Silver Creek Lodge and Resort. Ideal for a spa. This great space can also be used for other business opportunities. Commercial space is scarce in Canmore; this is a...
$35
Neighbourhood: Town Centre_Canmore
3,485
Sq.Ft.
1975
Year Built
70
Days on Site
A1193786
MLS®
This highly visible retail space is ideal for a gallery or retailer who values great exposure, foot traffic, excellent parking, and a downtown location.
$1,283,450
Neighbourhood: Elk Run
3,667
Sq.Ft.
2023
Year Built
83
Days on Site
A1188987
MLS®
Welcome to Elk Meadows, Canmore s newest commercial complex. This prime location is situated alongside Elk Run within the core of Canmore s industrial area. Elk Meadows is a highly desired area for...
Pending
100 Alpine Meadows #2107 Canmore, AB T1W 1L1
$1,316,520
Neighbourhood: Elk Run
3,657
Sq.Ft.
2023
Year Built
98
Days on Site
A1182682
MLS®
Welcome to Elk Meadows, Canmore s newest commercial complex. This prime location is situated alongside Elk Run within the core of Canmore s industrial area. Elk Meadows is a highly desired area for...
$1,274,700
Neighbourhood: Elk Run
3,642
Sq.Ft.
2023
Year Built
107
Days on Site
A1178982
MLS®
Welcome to Elk Meadows, Canmore s newest commercial complex. This prime location is situated alongside Elk Run within the core of Canmore s industrial area. Elk Meadows is a highly desired area for...
Pending
100 Alpine Meadows #2104 Canmore, AB T1W 1L1
$1,284,500
Neighbourhood: Elk Run
3,670
Sq.Ft.
2023
Year Built
116
Days on Site
A1176042
MLS®
Welcome to Elk Meadows, Canmore s newest commercial complex. This prime location is situated alongside Elk Run within the core of Canmore s industrial area. Elk Meadows is a highly desired area for...
1,184
Sq.Ft.
1980
Year Built
123
Days on Site
A1174013
MLS®
* RARE OPPORTUNITY TO OWN A BUSINESS IN BANFF * WELL ESTABLISHED BUSY GROCERY STORE * EXCELLENT LOCATION IN DOWNTOWN BANFF * EASY TO OPERATE * PROPERTY IS NOT INCLUDED. PLEASE CONTACT LISTING...
$2,800,000
Neighbourhood: Town Centre_Canmore
2,600
Sq.Ft.
1978
Year Built
154
Days on Site
A1162371
MLS®
The Best of the Best. An opportunity to get involved with an exclusive to ALBERTA only gemstone that shows exponential potential for income growth. Owner Operated and founded in 1987,...
325
Sq.Ft.
1970
Year Built
158
Days on Site
A1167676
MLS®
This great opportunity to open a cannabis retail business in Banff right on Banff Ave. The current bylaws make it unlikely any more cannabis stores will be approved.
823
Sq.Ft.
1978
Year Built
193
Days on Site
A1160241
MLS®
Well established local/ tourist coffee shop located on the newly renovated Bear Street and 1 block from Banff Avenue. Patio seating outside in the summer as well as year-round indoor seating.
2,923
Sq.Ft.
1908
Year Built
193
Days on Site
A1161359
MLS®
Blue Mountain Lodge has hosted travelers near and far for over one hundred years. With a home-away-from-home atmosphere guests are steps away from the heart of downtown Banff. This one-of-a-kind...

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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