CAABCanmoreTeepee Town1405 &Amp; 1409 Mountain Ave
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1405 & 1409 Mountain Ave, Canmore, AB

House

For Sale

Listed price in listed location currency (CAD).
$3,700,000

000

MLS® A2295117

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 25
Lot Size 
Approx. Age 
MLS® Number A2295117

Property Address: 1405 & 1409 Mountain Ave, Canmore, AB, T1W1M3

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberA2295117
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$3,700,000List Price
  • Commute

Commute

Starting Address
Destination Address
1405 & 1409 Mountain Ave, Canmore, AB

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