631 & 633 7th Street, Canmore
Rare Investment Opportunity With Amazing Redevelopment Potential. An exceptional opportunity in the heart of Canmore’s highly sought after South Canmore neighbourhood. Ideally positioned just steps from Main Street to the west and Centennial Park to the east, this property offers an enviable combination of convenience, lifestyle and future potential. Enjoy easy access to the Bow River pathways and Canmore’s renowned outdoor amenities, while being moments from the vibrant downtown core with its exceptional selection of restaurants, cafes, shops and entertainment. Set on an impressive 9,923 sqft parcel with panoramic mountain views, creating an exciting opportunity for future redevelopment. The property presents potential to subdivide into two R2 lots, thus allowing for 4 semi detached homes, each with their own secondary suite. In the meantime, the existing side by side duplex offers the flexibility to generate rental income as a holding property while you develop your vision and navigate the design and planning process. With South Canmore remaining one of the Bow Valley’s most desirable neighbourhoods, redevelopment opportunities of this scale and location are increasingly rare. A unique chance to secure a substantial parcel in one of Canmore’s most coveted settings and unlock its future potential. Note: buyers should do their own due diligence with the town of Canmore regarding any plans for redevelopment. (id:1945)
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Property details for 631 & 633 7th Street, Canmore
- Type
- Lots and Land
- Lot Size
- 9923.00
- Ownership
- Freehold
- Annual Taxes
- $10,592 (2026)
Nearby Listings Stat
Estimated price and comparable properties near 631 & 633 7th Street
Active Listings
115
Min Price
$33,900
Max Price
$7,950,000
Avg Price
$1,691,017
Days on Market
81
days
Sold Listings
31
Min Sold Price
$523,950
Max Sold Price
$4,490,000
Avg Sold Price
$1,328,300
Days until Sold
63
days
Neighbourhood Census Data
Canmore, Alberta
Population
357
Median Age
39.9
Median Income
$42,240
Dwelling Value
$579,801
Housing Tenure
Owners 71%
Renters 32%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1,500.6/km²
Avg Shelter Cost: $1,403/mo
Owners with Mortgage: 45.8%
Owners Spending 30%+: 21.7%
Tenants Spending 30%+: 45.5%
English only: 76.4%
English and French: 22.2%
Median Household Income: $96,000
Median Employment Income: $36,395
Price History
Listed
September 1, 2026
by Century 21 Nordic Realty
Current Price
$4,995,000
Type
Lots and Land
For Sale
