$1,500,000
$1,634,900
8.3%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
2,120 SqFt
SOLD DATE : 04/06/2025
Key Details
Sold Price $1,500,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,120 sqft
Price per Sqft $707
Subdivision Bow Valley Trail
MLS® Listing ID A2190600
Sold Date 04/06/25
Style Bungalow
Bedrooms 3
Full Baths 1
Originating Board Calgary
Annual Tax Amount $5,085
Tax Year 2024
Lot Size 6,587 Sqft
Acres 0.15
Property Sub-Type Detached
Property Description
Premium Development Site - Apartment-Zoned Land Available for Sale in Canmore
Presenting a rare and exceptional opportunity to secure a 6,600 sq ft TPT-CR-B zoned lot, ideally located in Canmore's sought-after Teepee Town. This premium development site is primed for medium-density residential projects, offering a strategic advantage in Canmore's supply-constrained market.
Teepee Town is one of Canmore's most desirable communities for the construction of rental units, known for its incredible walkability and strong town support for redevelopment. This location not only provides a vibrant, connected living environment but also offers the rare opportunity to acquire the adjacent lot at 117 15th Street to maximize bedroom count, significantly enhancing construction economics through scale.
The TPT-CR-B zoning supports the development of apartments and townhouses. With the growing demand for workforce housing in Canmore, this is a prime site to capitalize on high rental rates and a steady need for housing solutions. Developers could also benefit from available CMHC financing programs for purpose-built rental developments, making this opportunity even more attractive.
The apartment-zoning is only available in a small section of TeePee Town, making it an unparalleled opportunity for the creation of a decent scale employee housing project that can meet the increasing demand in Canmore's rental market.
Don't miss out on this rare opportunity to make your mark in one of Alberta's most vibrant communities. Contact us today to explore this unique development site and learn more about its full potential!
Location
Province AB
County Bighorn No. 8, M.d. Of
Zoning R4
Direction N
Rooms
Basement Full, Unfinished
Interior
Interior Features Built-in Features
Heating Central, Natural Gas
Cooling Central Air
Flooring Carpet
Appliance Electric Stove, Refrigerator
Laundry In Basement
Exterior
Parking Features Double Garage Detached
Garage Spaces 2.0
Garage Description Double Garage Detached
Fence Fenced, Partial
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Front Porch
Lot Frontage 50.07
Total Parking Spaces 2
Building
Lot Description Back Yard
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Wood Frame
Others
Restrictions Call Lister
Tax ID 97939925
Ownership Private
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As a real estate agent, Sheldons brings a strong passion and incredible dedication to ensuring real estate buyers and sellers achieve their goals in a smooth and fulfilling process. Growing up in a family of Real Estate Professionals, Property Managers, and Real Estate Investors, Sheldons gained valuable knowledge about real estate transactions. He nurtured a deep love for the industry from a young age. Given his background, he always desired to venture into the industry to give his clients a positive, rewarding, and financially satisfying real estate experience.
Determined to help his client navigate the complex and competitive market with ease, Sheldons seeks to guide, advise, and educate clients, in order to empower them to make wise and well-informed choices. He strives to go over and beyond to help buyers find their perfect homes and assist sellers in marketing their properties for top dollar. For Sheldons, there is nothing more fulfilling than seeing the smile and the look of satisfaction on his client’s face after a successful closing.
When you entrust Sheldons with your real estate dreams, you can be confident that he won’t rest until he turns them into reality.