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!
Data was last updated April 1, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
134
Avg list price:
$1,272,500
Min list price:
$39,995
Max list price:
$8,717,800
Avg days on market:
46
Min days on market:
3
Max days on market:
502
Avg price per sq.ft.:
$872.99
These statistics are generated based on the current listing's property type
and located in
Canmore. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.