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Highlights

  • Prime downtown Canmore commercial condo with prominent corner exposure delivering exceptional street presence and consumer visibility.
  • Available for lease with quick possession in a professionally managed condominium facility with active stewardship and strong reserves.
  • Broad range of permitted uses, accommodating retail, professional services, wellness, studio, specialty services, and office tenants.
  • Exposure to both local residents and Canmore's year-round tourism market, supported by over CA$1 billion in annual visitor spending.
  • Rotary Park frontage and unobstructed Three Sisters mountain views create a distinctive commercial setting within the Bow Valley.
  • Proven downtown commercial location with approximately 20 years of continuous business use in a premier Alberta destination.

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 101
  • 1,500 SF
  • Negotiable
  • $36.10 USD/SF/YR $3.01 USD/SF/MO $54,143 USD/YR $4,512 USD/MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

Operating costs include a substantial portion of the property-related expenses, leaving only the utilities and communication services noted above as tenant-paid extras. Please contact listing agent for additional information on the unit.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Corner Space
  • Excellent street Prescence.
  • Corner space.
  • Mountain views.
Space Size Term Rental Rate Rent Type
1st Floor, Ste 101 1,500 SF Negotiable $36.10 USD/SF/YR $3.01 USD/SF/MO $54,143 USD/YR $4,512 USD/MO Triple Net (NNN)

1st Floor, Ste 101

Size
1,500 SF
Term
Negotiable
Rental Rate
$36.10 USD/SF/YR $3.01 USD/SF/MO $54,143 USD/YR $4,512 USD/MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
30 Days

Operating costs include a substantial portion of the property-related expenses, leaving only the utilities and communication services noted above as tenant-paid extras. Please contact listing agent for additional information on the unit.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Corner Space
  • Excellent street Prescence.
  • Corner space.
  • Mountain views.

Rent Types


The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.

1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.

3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.

4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.

5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.

6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.

7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.

Matterport 3D Tour

3D Exterior

Select Tenants at Mistaya Place

  • Tenant
  • Description
  • CAN Locations
  • Reach
  • Canmore Counselling Trauma-Informed Yoga Psycholog
  • -
  • 1
  • -
  • Canmore Health & Wellness Centre
  • -
  • 1
  • -
  • Communitea Cafe
  • -
  • 1
  • -
  • Luminous Dental Hygiene
  • -
  • 1
  • -
  • Rocky Mountain Outlook
  • -
  • 1
  • -
  • Vermelho Hair
  • -
  • 1
  • -
Tenant Description CAN Locations Reach
Canmore Counselling Trauma-Informed Yoga Psycholog - 1 -
Canmore Health & Wellness Centre - 1 -
Communitea Cafe - 1 -
Luminous Dental Hygiene - 1 -
Rocky Mountain Outlook - 1 -
Vermelho Hair - 1 -

Property Facts

Total Space Available 1,500 SF
Property Type Retail
Property Subtype Storefront
Gross Leasable Area 31,866 SF
Year Built 2010
Parking Ratio 6.68/1,000 SF

About the Property

Mistaya Place offers the rare opportunity to establish a business presence in one of downtown Canmore’s most visible commercial settings. Available for lease, this 1,500-square-foot corner condominium unit combines prominent street exposure, frontage overlooking Rotary Park, and views toward the Three Sisters mountain range. Its location and flexible permitted-use profile support a broad range of retail, professional service, wellness, studio, office, and specialty commercial concepts, allowing businesses to align with the continued evolution and diversification of Canmore’s downtown core. The unit has benefited from approximately 20 years of continuous commercial use and is well maintained, providing a functional and professional environment that can accommodate a variety of operational needs. Corner positioning enhances visibility and storefront presence, helping businesses strengthen brand awareness and customer engagement. Quick possession availability and negotiable lease terms provide flexibility for tenants planning new locations, expansions, or relocations. Occupants also benefit from a professionally managed commercial condominium environment with active reserve planning and ongoing stewardship of the building and common property. Positioned directly across from Rotary Park, downtown Canmore’s only green space, 1001 Fifth Avenue enjoys open frontage and unobstructed mountain views that contribute to a memorable business setting for customers, clients, and employees. The downtown location places businesses within Canmore’s established mix of retail, hospitality, service, and visitor-oriented activity, creating exposure to both the local community and the area’s year-round tourism market. Located in the Bow Valley near Banff and just over an hour from Calgary along the Trans-Canada Highway, Canmore’s year-round appeal as a Rocky Mountain destination continues to generate significant visitor activity, supporting more than CA$1 billion in annual visitor spending and a broad customer base for local businesses. Mistaya Place offers businesses a foothold in downtown Canmore, where a prominent corner storefront can turn the community’s steady flow of residents and year-round visitors into lasting market presence. Reach out to Charlene Cherniwchan today to schedule a tour and get additional information on this incredible opportunity.

  • 24 Hour Access
  • Banking
  • Bus Line
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Accent Lighting
  • Air Conditioning
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Exceptionally bikeable
90/100

Demographics

Demographics

1 Km. 1 Km. 3 Km. 3 Km. 5 Km. 5 Km.
1 KM
3 KM
5 KM
2026 Population
3,273
12,311
14,834
2031 Population
3,463
12,711
15,347
2026-2031 Projected Population Growth
5.8%
3.3%
3.5%
Daytime Employees
4,574
7,280
7,770
Total Businesses
491
760
854
Average Household Income
$192,578
$180,450
$176,222
Median Household Income
$103,548
$112,047
$110,709
Total Consumer Spending
$235.1M
$790.5M
$934.3M
Median Age
44.9
44.1
43.8
2026 Households
1,458
5,131
6,177
Percent College Degree or Above
22%
26%
25%
$ values in CAD

Nearby Major Retailers

Safeway
BMO
CIBC
Scotiabank
Royal Bank of Canada
Tim Hortons
Sobeys Liquor
Save-On-Foods Pharmacy
TD Canada Trust
Starbucks
  • Listing ID: 41951640

  • Date on Market: 8/31/2026

  • Last Updated:

  • Address: 1001 6 Ave, Canmore, AB T1W 3L8

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