Canmore, AB T1W 1M1,117 15th ST
Canmore, AB T1W 1M1,117 15th ST
Canmore, AB T1W 1M1,117 15th ST
4
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$1,750,000
Est. payment /mo
6,598 Sqft Lot
Active

117 15th ST Canmore, AB T1W 1M1

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UPDATED:

07/03/2024 11:10 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Teepee Town

MLS® Listing ID A2141311

Lot Size 6,598 Sqft

Acres 0.15

Property Description

Prime Re-Development Opportunity in Teepee Town
This approximately 6,600 square foot lot presents an unparalleled re-development opportunity in the vibrant and evolving Teepee Town area. Currently hosting a two-bedroom house with a legal two-bedroom suite in the lower level, along with a shop and shed, this property offers immediate rental income potential while you plan your development & apply for permits through the Town of Canmore.

One of two side by side lots available for purchase (see listing for 121 15th Street too), this site provides a unique chance to secure a larger development footprint. Acquiring the adjacent lots can significantly enhance your development potential and project scale. Zoned TPT-CR-B, this property is situated in the Teepee Town Comprehensive Redevelopment District, specifically in Sub-District B. The zoning supports diverse residential developments including apartments, stacked townhouses, and townhouses, making it ideal for a high-density residential project.

The zoning details allow for a variety of permitted uses such as accessory buildings, accessory dwelling units, attached accessory dwelling units, detached apartment buildings, home occupation (Class 1), open space, public utility, townhouses, and stacked townhouses. Additionally, discretionary uses include bed and breakfast associated with detached dwelling, common amenity housing, cultural establishment, day care, employee housing, home occupation (Class 2), and public buildings.

This property’s zoning and location within the Teepee Town Comprehensive Redevelopment District align perfectly with the Teepee Town Area Redevelopment Plan, encouraging residential and mixed-use redevelopment. The area’s redevelopment plan supports the transformation of Teepee Town into a dynamic and desirable neighborhood, with a mix of housing types and community-oriented amenities.

A key aspect of this opportunity is the minimum residential density requirement of 66 units per hectare for this sub-district. This ensures a robust and efficient use of the land, maximizing development potential and contributing to a vibrant community atmosphere.

Purchasing this lot, on it's own or in conjunction with the neighboring lot, offers an extraordinary opportunity to create a significant development project in a prime location. The combined parcels can accommodate a larger-scale development, enhancing your investment return potential.

Invest in the future of Teepee Town today and be part of its exciting transformation!

Location

Province AB

County Bighorn No. 8, M.d. Of

Zoning TPT-CR-B

Interior

Inclusions Shed

Exterior

Lot Frontage 50.07

Building

Dwelling Type Mixed Use

Others

Restrictions See Remarks

Tax ID 56484704


Listed by RE/MAX Alpine Realty

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Brett Wellman

Broker | cwellmbrcwellmbr

+1(403) 453-3343

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117 15th ST