For Lease · Specialty

4, 1302 Bow Valley Trail, Canmore

4, 1302 Bow Valley Trail, Canmore, AB T1W1N6

$569,000 per sq ft / yr

850 SF

Asset Class

Specialty

Size

850 SF

Building class

B

Zoning

DC2 — Site Specific

$ / SF

$669

Occupancy

88%

Year Built

1996

About this property

Secure a prime commercial asset in the heart of Canmore’s Bow Valley Trail corridor—one of the most active and high-visibility business districts in the Canadian Rockies. Unit 4 at 1302 Bow Valley Trail offers approximately 850 square feet of versatile space within the sought-after Bow Valley Trail Central (BVTC) district, supporting a wide range of retail, service, and wellness-oriented uses.This is a rare opportunity to balance immediate income with long-term flexibility. The unit is currently tenanted through 2027, providing stable cash flow from day one, while the adaptable BVTC zoning allows for future repositioning to suit your own business or evolving investment strategy.Positioned along a high-traffic corridor with strong exposure to both locals and Canmore’s steady stream of visitors, the property benefits from shared front parking and convenient access to downtown without the typical congestion. With market lease rates ranging from $34 to $39 per square foot, there is clear upside potential in a supply-constrained commercial market.Whether you’re an investor seeking reliable income or a future owner-occupier planning ahead, this offering delivers the best of both—security today and flexibility tomorrow. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$569K
Down payment30% · $171K
Interest rate6.25%
Amortization25 years
Occupancy88%
Expense growth2.5%

Monthly debt service

$3K

Projected NOI

$28K

Annual cash flow

$-4K

Cash-on-cash

-2.11%

DSCR

0.89

Going-in cap

4.91%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Aurora Legal LLP745 SF2027-05

Area demographics

Trade area within 3 miles of the property.

Population

118,366

Households

45,529

Median income

$115,000

Median age

35.6

Daytime population

140,221

5-yr growth

4.1%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 4, 1302 Bow Valley Trail, Canmore.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.