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$1,750,000

2+2 Beds

3 Baths

1047 FEETSQ

QuickQuoteTM: $1.5M - $2.0M

Canmore AB, T1W 1M1

MLS® # A2193389

Property Information:

Seize this rare opportunity to invest in a prime redevelopment site in the heart of Teepee Town, one of Canmore’s most dynamic and evolving neighborhoods. Situated on a 6,600 sq. ft. lot, this property is zoned TPT-CR-B, allowing for multi-unit residential development, including apartment buildings, stacked townhouses, or townhouses. With its strategic location and flexible zoning, this site presents an exceptional opportunity for investors and developers looking to capitalize on Canmore’s growing demand for housing.The existing two-story home features a two-bedroom main floor and a two-bedroom illegal suite on the lower level, offering strong rental income potential while planning your redevelopment. A shop and shed are also included on the property, providing additional storage or workspace. This lot is part of a unique opportunity to purchase adjacent properties, allowing for an even larger-scale project.Teepee Town is undergoing significant transformation, making this an ideal location for a new residential development. The property is within walking distance of downtown Canmore, trails, and essential amenities, adding to its long-term appeal. Whether you choose to rent and hold or redevelop right away, this site offers outstanding potential in one of Canmore’s most sought-after redevelopment zones.Asking Price: $1,750,000. Contact us today for more details on this exciting investment opportunity. This property is listed by Commercial Real Estate Services, please contact Shawn Biggings for more information.

Inclusions: Call Shawn

Building Features:

  • Total Finished Area: 1047.00

Property Features:

  • Bedrooms: 2+2
  • Bathrooms: 3+0
  • Architectural Style: 2 Storey
  • Construction Materials: Wood Siding
  • Cooling: None
  • Exterior Features: Private Yard
  • Fireplace Features: Living Room, Wood Burning
  • Floor Space (approx): 1047.00 Square Feet
  • Flooring: Carpet, Hardwood
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Interior Features: Laminate Counters
  • Levels: Two
  • Lot Size: 6598.00 Square Feet
  • Parking Features: Parking Pad
  • Roof: Asphalt Shingle
  • Zoning: TPT-CR-B
  • No. of Parking Spaces: 2

Courtesy of: RE/MAX Alpine Realty, NON BOARD BROKER

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 117 15 Street, Canmore, AB, T1W 1M1

Demographic Information of 117 15 Street, Canmore, AB, T1W 1M1

Life Stage

Young Families

Employment Type

Service Sector/White Collar

Average Household Income

$135,680.86

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.02 %

High school certificate or equivalent

25.88 %

Apprenticeship trade certificate/diploma

6.01 %

College/non-university certificate

19.11 %

University certificate (below bachelor)

2.27 %

University Degree

39.71 %

Commuter

Travel To Work

By Car

70.6 %

By Public Transit

2.66 %

By Walking

18.4 %

By Bicycle

5.61 %

By Other Methods

2.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

58.2 %

Houses

41.8 %

Own Vs. Rent