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Data was last updated 2025-10-07 at 10:50:05 GMT
    
    
    
    
	
    Flagship Hotel Development Opportunity | Gateway to Downtown Canmore
This is arguably the most valuable hotel development land in Canmore, a rare 1.06-acre parcel backing directly onto Policeman?s Creek and facing Elevation Place with unobstructed 360° mountain views that capture the very best of the Bow Valley. Perfectly positioned in the Gateway District, the site offers a blend of natural serenity and urban accessibility, just a 5-minute walk to Main Street and a short drive off the Trans-Canada Highway.
Zoned Gateway Commercial District (GD), the property allows for visitor accommodation, boutique hotel, mixed-use retail, dining, and cultural concepts, presenting unmatched flexibility for a visionary developer or brand looking to anchor their presence in Canmore?s luxury tourism market.
Imagine a flagship boutique resort ? a sanctuary of alpine design and refined hospitality that reflects Canmore?s adventurous spirit and world-class setting. The architecture could frame mountain views from every suite, feature a creekside café plus a rooftop wellness spa, and connect seamlessly to the boardwalk trail on the creek and recreation network. With over $44 million in planned municipal infrastructure upgrades along Railway Avenue and the Downtown ARP, this corridor is poised to become the new heart of Canmore?s visitor experience.
One of the few remaining parcels legally zoned for short-term rental and hotel use, 707 Railway Avenue offers both rarity and potential in a market defined by high demand and limited supply. A landmark location ? ready to define the next chapter of mountain luxury.
  
Listing Information
- Prop. Type:
- Mixed Use (Commercial)
- Status:
- Active
- City:
- Canmore
- Neighbourhood:
- Town Centre_Canmore
- Area:
- Bighorn No. 8, M.D. of
- Province:
- Alberta
- MLS® Number:
- A2262805
- Listing Price:
- $10,995,000
General Information
- Year Built:
- 1974
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          This property is listed by MaxWell Capital Realty and provided here courtesy of 
          
            Carmen Paradis.
          
        
		
          For more information or to schedule a viewing please contact Carmen Paradis.
        
        
        
         
        
       
        
		
          Carmen Paradis
RE/MAX real estate central
Phone: 4037038516
Mobile Phone: 4037038516
Inquire Via Email
      RE/MAX real estate central
Phone: 4037038516
Mobile Phone: 4037038516
Inquire Via Email
        The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
      
    
   
            
            
            













