Redevelopment Opportunity

Prime redevelopment opportunity in Canmore! Zoned TPT-CR (Teepee Town Comprehensive Redevelopment District), this 4,326 sq ft valley-floor lot allows duplexes, townhouses, stacked townhouses, accessory dwelling units, and other discretionary uses, all subject to municipal approval. A rare opportunity just steps from downtown. While you plan, the property generates $5,500/month in rental income. The bungalow features separate entrances for the main floor and developed basement, offering flexible rental options. Upstairs offers an open-concept kitchen, dining and living area with fireplace, mountain views, 2 bedrooms, and a 4-piece bath. The lower level features high ceilings, in-slab heat, large windows, a family room with wet bar, 2 bedrooms, another 4-piece bath, and laundry. Enjoy a large deck with built-in kitchen, fenced yard, gardens, sunroom, and walkable access to downtown, parks, the rec centre, hospital, and groceries. Hold, rent, or redevelop.