$3,700,000
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1405 & 1409 Mountain Avenue, Canmore, AB T1W1M3

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- Beds
0 Baths
2,054 Sq Ft

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. (id:58753)

Listing By: Christopher Vincent - Sotheby's International Realty Canada cncrea2 Realty.com
  • MLS® A2295117
  • Date Listed03/27/2026
  • Days on Realty 72 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 15,784 sq. ft
  • Subdivision Teepee Town
  • Square Feet 2,054 sq. ft
  • Price Per Sq. Ft $1801.36

Interior Features

  • Heating Forced air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 15,783.98
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1W1M3

Discover key demographics, population statistics, and environmental insights for the Canmore, AB area.

Walkability in AB / T1W1M3

Source: Walk Score

5/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

43/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 0/100, Bike Score: 51/100.

Points of Interest near 1405 & 1409 Mountain Avenue, Canmore, AB T1W1M3

Frequently Asked Questions for 1405 & 1409 Mountain Avenue

Source: Realty.com

1405 & 1409 Mountain Avenue, Canmore, AB T1W1M3 in Teepee Town, Canmore, AB T1W1M3 is a multi family listed at $3,700,000. Highlights include 2,054 sq. ft., $1,801 per sq. ft.. Realty.ca has 7 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 7 photos of 1405 & 1409 Mountain Avenue.

The full address for this home is 1405 & 1409 Mountain Avenue, Canmore, AB T1W1M3.

1405 & 1409 Mountain Avenue has been listed on Realty.com since Fri March 27, 2026

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 23/100, Transit Score: 0/100, Bike Score: 51/100.

Listing provided courtesy of: Sotheby's International Realty Canada
Listing agent: Christopher Vincent

This content last refreshed on 2026-06-07 02:12:26. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.