For Sale: 1405-1409 Mountain Avenue, Canmore, AB - REW
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$3,700,000
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1405-1409 Mountain Avenue
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$3,700,000
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1405 & 1409 Mountain AvenueCanmore, AB, T1W 1M3

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  • 0 Bath
  • 0 Sqft
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About this home

Rare redevelopment opportunity in the core of Canmore at 1405 & 1409 Mountain Avenue. This exceptional offering spans over 15,700 sqft across three parcels in the Teepee Town Medium Density district, allowing for a range of development options including townhomes, stacked townhomes, or low-rise apartment buildings. Ideally located within walking distance to Main Street, commercial amenities, trail networks, and the Canmore Hospital, this site sits in an area undergoing significant redevelopment and long-term growth. Two existing homes provide strong holding income, currently generating over $12,000 per month in long-term rental revenue, offering stability while advancing plans. The current owner has completed building drawings and marketing materials for a stacked townhouse development, providing a valuable head start for future redevelopment. With the Town of Canmore advancing Land Use Bylaw updates anticipated in 2027, this is a strategic opportunity to secure a large, centrally located parcel with both immediate income and long-term development upside.
Listing provided by Sotheby's International Realty Canada
Listed by: Christopher Vincent, Sotheby's International Realty Canada

Home facts and features

Price details
List Price
$3,700,000
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Home facts
Bedrooms
0
Full Bathrooms
0
Property Type
House
Lot Size
15682 ft²
Amenities
Cycling, Hiking, Ski (snow)
Agent details
Primary Agent
Primary Broker
Sotheby's International Realty Canada
Secondary Agent
Secondary Broker
Sotheby's International Realty Canada
Listing details
Days on REW
73 Days
Property Views
43
MLS® Number
A2295117
Source
Sotheby's International Realty
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Property Insights

Canadian Rockies Education Outreach
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Canmore Collegiate
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Alpenglow Community School
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Lawrence Grassi Middle School
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Elizabeth Rummel School
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Call Agent
Christopher Vincent
Phone:
403-254-5315
Cell:
403.707.8048
Office:
(403) 254-5315
Fax:
(403) 244-5315
Laura Wright
Phone:
403-254-5315
Cell:
403.679.1702
Office:
(403) 254-5315
Fax:
(403) 244-5315
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