631 & 633 7th Street
Canmore, Alberta
MLS® A2341579
$4,995,000
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2341579
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 26Listing description
Rare Investment Opportunity With Amazing Redevelopment Potential. An exceptional opportunity in the heart of Canmore’s highly sought after South Canmore neighbourhood. Ideally positioned just steps from Main Street to the west and Centennial Park to the east, this property offers an enviable combination of convenience, lifestyle and future potential.
Enjoy easy access to the Bow River pathways and Canmore’s renowned outdoor amenities, while being moments from the vibrant downtown core with its exceptional selection of restaurants, cafes, shops and entertainment. Set on an impressive 9,923 sqft parcel with panoramic mountain views, creating an exciting opportunity for future redevelopment. The property presents potential to subdivide into two R2 lots, thus allowing for 4 semi detached homes, each with their own secondary suite.
In the meantime, the existing side by side duplex offers the flexibility to generate rental income as a holding property while you develop your vision and navigate the design and planning process. With South Canmore remaining one of the Bow Valley’s most desirable neighbourhoods, redevelopment opportunities of this scale and location are increasingly rare. A unique chance to secure a substantial parcel in one of Canmore’s most coveted settings and unlock its future potential.
Note: buyers should do their own due diligence with the town of Canmore regarding any plans for redevelopment.
Property summary
- MLS® number
- A2341579
- Property type
- Vacant Land
- Title
- Freehold
- Land size
- 9923 square feet
- Annual property taxes
- $10,592.00
- Days on market
- 21 days
What would this home cost you?
Based on the $4,995,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Nordic Realty, Canmore.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.