Prime South Canmore Redevelopment Site – Two R2 Lots with Multi-Family Potential
A rare opportunity to acquire one of South Canmore’s most desirable redevelopment parcels. 905 Bridge Road spans approximately 12,000 sq. ft. across two contiguous R2 lots, ideally located within the newly approved Connect Downtown Area Redevelopment Plan (ARP).
Under current zoning, the site supports two large, high-end duplexes, while the Connect Downtown ARP provides a framework to explore increased density and height through bonusing, opening the door to as many as five luxury townhomes. The accompanying concept renderings showcase the site’s remarkable potential—modern alpine residences oriented to capture panoramic mountain views, sunrise and sunset exposures, and expansive rooftop decks overlooking the Bow River.
This location offers the best of South Canmore living—steps to Riverside Park, the Bow River pathway, and an easy walk to Main Street. The combination of walkability, natural setting, and unobstructed views positions this property among the most compelling infill opportunities in the valley.
With limited large parcels remaining in South Canmore, and projected resale pricing in the $2.5M–$3M+ range per townhome, the development potential at 905 Bridge Road presents a high-margin opportunity for builders and investors seeking to deliver a boutique, design-forward project in Canmore’s most sought-after neighborhood.
Address
905 Bridge Road
List Price
$3,249,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
2 Storey Split
Transaction Type
Sale
Area
Canmore
Sub-Area
South Canmore
Bedrooms
5
Bathrooms
4
Floor Area
2,425 Sq. Ft.
Lot Size
12011 Sq. Ft.
Year Built
1991
MLS® Number
A2250489
Listing Brokerage
MaxWell Capital Realty
Basement Area
Finished, Full
Postal Code
T1W 2E5
Zoning
R2
Site Influences
Back Lane, Fishing, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Subdivided