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    Description

    Prime redevelopment opportunity in the heart of Banff, nestled on a spacious 9,834 square foot lot, with breathtaking views towards the surrounding mountain views, this property offers a rare chance to secure a revenue-generating holding property with exceptional development potential. The land is currently improved with a 4 bedroom home and a detached garage, producing steady rental income. The permitted zoning allows for up to an 8-plex development, and discretionary use provides the possibility for additional development including an apartment complex, subject to town approval.With convenient alley access, a valuable advantage for residents, visitors, and 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. (id:58070)

    Property Features

    • MLS® Number A2249719
    • Price $1,845,000
    • Bedrooms: 4
    • Bathrooms: 2
    • Square Footage: 1009 sqft
    • Property Type: House
    • Amenities Near By Golf Course, Playground, Schools, Shopping
    • Community Features Golf Course Development
    • Features Back Lane, Level
    • Parking Space Total 4
    • Plan 1926hh
    • Structure Deck
    • View Type View

    Buildings

    Bathroom Total 2 Bedrooms Above Ground 3
    Bedrooms Below Ground 1 Bedrooms Total 4
    Appliances Refrigerator, Oven - Electric, Range - Electric, Stove, Washer & Dryer Architectural Style Bi-level
    Basement Development Finished Basement Type Full (finished)
    Constructed Date 1955 Construction Material Wood Frame
    Construction Style Attachment Detached Cooling Type None
    Exterior Finish Wood Siding Flooring Type Carpeted, Laminate, Tile
    Foundation Type Poured Concrete Heating Fuel Natural Gas
    Heating Type Forced Air Size Interior 1009 Sqft
    Total Finished Area 1008.93 Sqft Type House

    Parking

    Detached Garage 1

    Land

    Acreage No Fence Type Partially Fenced
    Land Amenities Golf Course, Playground, Schools, Shopping Land Disposition Cleared
    Landscape Features Landscaped Size Depth 37.34 M
    Size Frontage 24.38 M Size Irregular 913.60
    Size Total 913.6 M2|7,251 - 10,889 Sqft Size Total Text 913.6 M2|7,251 - 10,889 Sqft
    Zoning Description Rra (rainbow Avenue District)

    Rooms

    Level Type Dimensions
    Lower Level 3pc Bathroom .00 Ft x .00 Ft
    Lower Level Living Room 22.75 Ft x 20.00 Ft
    Lower Level Bedroom 10.67 Ft x 10.67 Ft
    Lower Level Dining Room 10.58 Ft x 8.83 Ft
    Lower Level Kitchen 11.25 Ft x 9.33 Ft
    Lower Level Laundry Room 6.75 Ft x 17.58 Ft
    Lower Level Furnace 4.58 Ft x 8.00 Ft
    Main Level 4pc Bathroom 8.00 Ft x 4.92 Ft
    Main Level Bedroom 8.00 Ft x 11.25 Ft
    Main Level Bedroom 11.42 Ft x 7.92 Ft
    Main Level Dining Room 8.00 Ft x 10.25 Ft
    Main Level Kitchen 11.33 Ft x 13.67 Ft
    Main Level Living Room 11.83 Ft x 22.58 Ft
    Main Level Primary Bedroom 11.42 Ft x 9.92 Ft
    Main Level Storage 3.42 Ft x 6.83 Ft
    Address
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