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mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

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631 & 633 7th Street
homes for sale · Canmore · South Canmore
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$4,995,000

631 & 633 7th Street

South Canmore, Canmore · MLS® A2341579

9,923 sq ft lot · Land · Vacant Land · 54 days on market

listed by DAN SPARKS, Century 21 Nordic Realty

realtor's 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

type
Land, Vacant Land
lot
9,923 sq ft
parking
0
property tax
$10,592 / yr
days on market
54
MLS®
A2341579

monthly cost

$22,645/mo
Mortgage $21,763 · Tax $883

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$21,763/ monthly
loan $3,996,000
25-year amortization
total interest
$2,532,821
land title fees
$9,095
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$1,008,095
down + land title fees
total paid
$6,528,821

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

listed by
DAN SPARKS
Century 21 Nordic Realty
call DAN · 403-678-0210
Powered by: REALTOR.ca

similar homes nearby

location

South Canmore, CanmoreGoogle Maps ↗

property tax

about $25,810 a year

The asking price times Canmore's 2026 residential rate of 5.17 per $1,000 (municipal and education).

The listing shows $10,592 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

location

South Canmore, CanmoreGoogle Maps ↗
Drive times
  • Kendal Mall1 min
  • Lawrence Grassi Middle1 min
  • Downtown Canmore2 min
  • Canmore General Hospital3 min
  • Bow Valley College and Learning Centre3 min
  • Canmore Collegiate High4 min
100

Walkability 100/100 · Very walkable: most errands on foot

Within a 10 minute walk: 4 grocery stores, 49 places to eat or drink, 13 cafes, 15 parks and playgrounds, 2 schools, 1 pharmacy, 32 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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