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218 & 220 Beaver Street

Banff T1L 1B2

MLS® Number:  A2226003

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  • Home \
  • Banff \
  • 218 & 220 Beaver Street

$ 5,450,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

0

YEAR BUILT

https://www.cirrealty.ca/reb/creb/03/A2226003_2.jpg

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MLS® Number
A2226003
PROPERTY TYPE
Hotel/Motel
LISTING DATE
June-02-2025

Situated on two full town lots in the core of Banff, Alberta—one of Canada’s most iconic national park destinations—Beaver Street Cabins presents a singular opportunity for investors seeking both stability and upside in a tightly held market. This legal, B&B Inn licensed hospitality property is forecast to generate $414,000 in net revenue for 2025 delivering a favourable cap rate in a world renowned resort market. What sets this property apart is its status as one of only eight of B&B Inns licensed in the Town of Banff—an increasingly rare asset due to tightened municipal regulations. The current configuration offers steady income from a collection of well-maintained heritage cabins, beloved by international visitors year-round; currently the cabins have the capacity for 20 guests in one and two bedroom arrangements. Visitors from around the globe visit to ski, hike, explore the mountains, and visit Banff Avenue which is just steps away. In addition to the guest spaces, there is a residential unit for an onsite owner or manager. Beyond its existing income stream, the real potential lies in the site’s approved redevelopment pathway. Backed by over $200,000 in architectural planning and consultations with the Town, future owners have the ability to reimagine the property—retaining a single historic structure while rebuilding the remainder to modern boutique hospitality standards. With zoning and licensing already in place, the groundwork has been laid for a one-of-a-kind repositioning. For investors looking to diversify their portfolio with a high-performing, lifestyle-aligned asset in a location with significant barriers to entry, Beaver Street Cabins is a generational acquisition.

COMMUNITY 
PROPERTY TYPE  Hotel/Motel
BUILDING TYPE  Hotel/Motel
STYLE  N/A
YEAR BUILT 0
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING  Baseboard, Forced Air
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  Short Term Rentals Allowed
ROOF  Asphalt Shingle
TITLE 
BROKER  Sotheby's International Realty Canada

 

 

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.