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Martin Durocher - Royal Lepage Blue Sky
5211, CALGARY, Alberta
P: 4035855401
F: 000-000-0000
Email

Listing Details

For more information on this listing or other please contact me.

Data was last updated 2025-10-21 at 18:40:04 GMT
$1,845,000

125 Rainbow Avenue   Banff, Alberta

MLS®: A2249719
URL:    
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.
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.

Listing Information

Prop. Type:
Detached
Property Style:
Bi-Level
Status:
Active
City:
Banff
Bedrooms:
4
Full Bathrooms:
2
Neighbourhood:
NONE
Area:
Improvement District No. 09 (Banff)
Province:
Alberta
MLS® Number:
A2249719
Listing Price:
$1,845,000

General Information

Year Built:
1955
Total Square Feet:
1009ft2

Additional Information

Basement Dev:
Finished, Full
Parking:
Alley Access, Driveway, Enclosed, Secured, Single Garage Detached

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This property is listed by MaxWell Capital Realty and provided here courtesy of Martin Durocher. For more information or to schedule a viewing please contact Martin Durocher.
Martin Durocher
Royal Lepage Blue Sky
Phone: 4035855401
Mobile Phone: 403-585-5401
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.
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