$ 1,895,000
4
BEDROOMS
2 + 0
BATHROOMS
1,009
SQUARE FEET
1955
YEAR BUILT
Prime Redevelopment Opportunity in the Heart of Banff Nestled on a spacious 9,834 sq. ft. lot with breathtaking views towards the surrounding mountain vistas, this property offers a rare chance to secure a revenue-generating holding property with exceptional future potential. Currently improved with a well-maintained 1955-built home and a detached garage, the site produces steady rental income while you plan your next steps. The permitted zoning allows for up to an 8-plex development, and discretionary use provides the possibility for an apartment complex, subject to town planning approval. With convenient alley access—a valuable advantage for residents, guests, or construction access—this lot is well-positioned for a thoughtful multi-family build in one of Canada’s most sought-after mountain communities. Whether you’re planning your dream build, an investor looking to hold and generate income or a developer ready to bring new housing to the heart of Banff, opportunities like this are rare.
| COMMUNITY | |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bi-Level |
| YEAR BUILT | 1955 |
| SQUARE FOOTAGE | 1,009 |
| BEDROOMS | 4 |
| BATHROOMS | 2.00 |
| BASEMENT | Finished, Full |
| AMENITIES | |
| APPLIANCES | Electric Oven, Electric Range, Electric Stove, Refrigerator, Washer/Dryer |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Carpet, Laminate, Tile |
| HEATING | Forced Air, Natural Gas |
| LAUNDRY | In Basement |
| LOT FEATURES | Back Lane, Cleared, Few Trees, Front Yard, Landscaped, Level, Low Maintenance Landscape, Private, Rectangular Lot, Views |
| PARKING | Alley Access, Driveway, Enclosed, Secured, Single Garage Detached |
| RESTRICTIONS | Short Term Rentals Not Allowed |
| ROOF | Asphalt Shingle |
| TITLE | Leasehold |
| BROKER | MaxWell Capital Realty |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| 3pc Bathroom | 0`0" x 0`0" | Lower |
| Living Room | 22`9" x 20`0" | Lower |
| Bedroom | 10`8" x 10`8" | Lower |
| Dining Room | 10`7" x 8`10" | Lower |
| Kitchen | 11`3" x 9`4" | Lower |
| Laundry | 6`9" x 17`7" | Lower |
| Furnace/Utility Room | 4`7" x 8`0" | Lower |
| 4pc Bathroom | 8`0" x 4`11" | Main |
| Bedroom | 8`0" x 11`3" | Main |
| Bedroom | 11`5" x 7`11" | Main |
| Dining Room | 8`0" x 10`3" | Main |
| Kitchen | 11`4" x 13`8" | Main |
| Living Room | 11`10" x 22`7" | Main |
| Bedroom - Primary | 11`5" x 9`11" | Main |
| Storage | 3`5" x 6`10" | Main |
