631 & 633 7th Street

Canmore, AB T1W2C2

About this property

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. (id:13843)

About this property

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. (id:13843)

Features and Additional Information

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$4,995,000 Active
0 sqft

Presented By Trevor Docherty, Broker/Owner

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Century 21 Nordic Realty
1-403-678-4202
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Area Information

| County | South Canmore

$ 4,995,000
This listing is play_arrow 123.3% higher than the average in the area
$ 2,237,300 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
64 days on site
This listing is play_arrow 52.1% below the average in the area
134 days on site in the area

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Listed By DAN SPARKS
Brokerage: Century 21 Nordic Realty

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