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 September 29, 2022
23
Listed
146
Avg. DOM
$263.28
Avg. $ / Sq.Ft.
$350,000
Med. List Price
23 Properties
Page 1 of 2
2,800
Sq.Ft.
1995
Year Built
17
Days on Site
A1255524
MLS®
Great location in Canmore, this authentic Japanese/Korean fusion Cuisine offers variety of authentic menues, ranging from traditional Sushi and Sashimi Lunch Bentos, to Korean cuisine.
Great...
992
Sq.Ft.
1917
Year Built
21
Days on Site
A1257031
MLS®
Beautiful Banff Yoga studio for sale. Sale includes lease, and business assets if required. The space has been extensively renovated with high quality materials, including large wooden ceiling beams...
$21
Neighbourhood: Elk Run
3,674
Sq.Ft.
2023
Year Built
22
Days on Site
A1256938
MLS®
For Lease!
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...
$21
Neighbourhood: Elk Run
2,771
Sq.Ft.
2023
Year Built
22
Days on Site
A1256940
MLS®
For Lease!

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...
$21
Neighbourhood: Elk Run
2,856
Sq.Ft.
2023
Year Built
22
Days on Site
A1256941
MLS®
For Lease!

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...
$21
Neighbourhood: Elk Run
2,796
Sq.Ft.
2023
Year Built
22
Days on Site
A1256944
MLS®
For Lease!

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...
$21
Neighbourhood: Elk Run
5,328
Sq.Ft.
2023
Year Built
23
Days on Site
A1256351
MLS®
For Lease!
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...
$12,000,000
Neighbourhood: Bow Valley Trail
45
Days on Site
A1251877
MLS®
3 Acres Zoned SB. Southern Business District. (Adjacent parcel of 3.01 Acres may also be available)
Providing a possible 870 feet of frontage.
1989
Year Built
80
Days on Site
A1237598
MLS®
Sundance Lodges is a privately owned campground located in the heart of the Canadian Rocky Mountains. Established in 1989, this family owned business is unique to the area, located on 48.17 Acres of...
$646,900
Neighbourhood: Skyline West
4,243
Sq.Ft.
2011
Year Built
88
Days on Site
A1235791
MLS®
Excellent opportunity to own and run an established franchise restaurant in NE near the YYC airport.
Original owner and in operation since 2015.
A spacious business having 4500 sq. ft....
653
Sq.Ft.
1977
Year Built
102
Days on Site
A1230684
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...
$299,900
Neighbourhood: Town Centre_Canmore
1,245
Sq.Ft.
2000
Year Built
111
Days on Site
A1228585
MLS®
A RARE RESTAURANT OPPORTUNITY IN CANMORE ALBERTA - An iconic NE corner location on Railway Avenue with 180-degree Instagramable views of all the brand name peaks spanning from the Royal Ridge to Bald...

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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