Property Details

631 & 633 7th Street
Canmore (A2341579)

$4,995,000
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Interest Rate
Loan Amount
Annual Tax
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* Amounts are estimates only. Final payment amounts may vary.

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 details

Basic Info

MLS® #
A2341579
Property Type:
Land
Subtype:
Residential Land
Subdivision:
South Canmore
Price
$4,995,000
Sale/Lease:
For Sale

Building Info

Garage:
No
Fence:
Partial
Basement:
No
Inclusions:
N/A

Lot / Land Info

Lot Size:
0 acres
Zoning:
R2

Listing Info

Possession:
Negotiable
Days on Market:
25
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Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

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