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Descriptions:
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.
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| Status: |
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Active
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| Includes: |
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N/A |
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| Site Influences: |
| Back Lane, Cleared, Few Trees, Front Yard, Landscaped, Level, Low Maintenance Landscape, Private, Rectangular Lot, Views |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
| Zoning: |
RRA (Rainbow Avenue Distr |
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| Lot Size: |
0.23
sq.ft.
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| Lot Shape: |
Back Lane,Cleared,Few Trees,Front Yard,Landscaped,Level,Low Maintenance Landscape,Private,Rectangular Lot,Views |
| County: |
Improvement District No. 09 (Banff)
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bi-Level |
| Year Built: |
1955 |
| Total Floor Area: |
1,009 sq. ft. |
| Brokerage: |
MaxWell Capital Realty |
| Construction Type: |
Wood Frame,Wood Siding
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| Front Exposure: |
S
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| Exterior: |
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| Exterior: |
Wood Frame, Wood Siding |
| Construction: |
Wood Frame,Wood Siding |
| Frontage: |
24.38M 80`0" |
| Front Exposure: |
S |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
4
(Bedrooms Above: 3)
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| Bathrooms: |
Full: 2
/ Half: 0
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| Rooms Above: |
6 |
| Ensuite: |
No
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| Parking Plan Type: |
Alley Access,Driveway,Enclosed,Secured,Single Garage Detached
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| Garage: |
1
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| Additional Info: |
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| Heating: |
Forced Air, Natural Gas |
| Basement: |
Finished, Full |
| Basement Type: |
Finished, Full |
| Floor Finish: |
Carpet, Laminate, Tile |
| Fireplace Details: |
For Sale |
| Parking: |
Alley Access, Driveway, Enclosed, Secured, Single Garage Detached |
| Total Parking: |
4
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| Restrictions: |
Contact for Restrictions |
| Heating Type: |
Forced Air,Natural Gas
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| Heating Fuel: |
Forced Air,Natural Gas
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| Restrictions: |
Short Term Rentals Not Allowed
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Contact Aaron Wolfman -
8180 Macleod Trail SE, Calgary, Alberta, T2H 2B8
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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