Town Centre_Canmore, Canmore · MLS® A2346533
26,350 sq ft lot · Land · Vacant Land · 37 days on market
listed by Kyle Pressman, RE/MAX Alpine Realty
A truly rare investment opportunity in the heart of downtown Canmore. Four individual lots are being offered together as one exceptional development package, comprising more than 26,000 sq. ft. of land just one block from Main Street.Positioned within Canmore’s Town Centre district, the property offers outstanding redevelopment potential in one of the community’s most desirable and highly visible locations. Current zoning provides for commercial uses at street level, creating opportunities for restaurants, cafés, retail, professional services, and other businesses, with the potential for visitor accommodation above, subject to municipal requirements and approvals.For an investor or developer, this is an opportunity to create a landmark mixed-use project within walking distance of Main Street, restaurants, shops, the Bow River, pathway system, and everything downtown Canmore has to offer.With four adjoining parcels, a substantial combined site area, and an increasingly limited supply of large-scale development land in the town centre, opportunities of this size and location are exceptionally difficult to replicate.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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about $86,809 a year
The asking price times Canmore's 2026 residential rate of 5.17 per $1,000 (municipal and education).
The listing shows $46,584 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.
Walkability 100/100 · Very walkable: most errands on foot
Within a 10 minute walk: 4 grocery stores, 49 places to eat or drink, 14 cafes, 16 parks and playgrounds, 2 schools, 1 pharmacy, 33 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.