This property, situated on a serene Banff street, is a rare investment opportunity. It has been handed down through generations and comprises two separate homes on the site. There is the original home along with a large newer addition offering a sizable legal suite, an illegal basement suite, attached garage, a large workshop and including a new outdoor covered hot tub. With the current layout, the property generates substantial income, and if the existing construction does not meet your requirements, it presents an excellent opportunity for redevelopment. The location is ideal, just two blocks from Banff Ave., and within walking distance of both the Elementary and High Schools. Additionally, the property is ripe for development, with permitted uses for apartment housing, fourplex, multiplex, and more. Discretionary uses include home occupation types 1 &2, duplex and more, making it a versatile investment.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Suite - Illegal
Home Style:
1 and Half Storey
Total Living Area:
2,032 sq. ft.189 m2
Main Level Finished Area:
1,200.19 sq. ft.112 m2
Below Grade Finished Area:
913.22 sq. ft.84.8 m2
Acreage:
No
Lot Area:
8,365 sq. ft.777 m2
Lot Frontage:
72'2"22 m
Front Exposure:
North
Levels:
One and One Half
Total Rooms Above Grade:
12
Year built:
1917
(Age: 108)
Bedrooms:
5
(Above Grd: 4)
Bedrooms Above Grade:
4
Bedrooms Below Grade:
1
Bathrooms:
4.0
(Full:4, Half:0)
Plan:
1211HU
Heating:
Floor Furnace, Natural Gas
Basement:
Partial, Partially Finished
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Mixed
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
Yes
Flooring:
Other, Tile, Wood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Family Room, Gas
Garage:
Yes
Garage Spaces:
1
Parking:
Driveway, Single Garage Attached
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
In Unit
NONE
Dishwasher, Electric Oven, Gas Cooktop, Refrigerator, Washer/Dryer
N/A
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
12'11"3.94 m × 10'2"3.10 m
Main Floor
Dining Room
9'2.74 m × 7'2"2.18 m
Main Floor
Eat in Kitchen
18'4"5.59 m × 13'9"4.19 m
Main Floor
Living Room
20'1"6.12 m × 19'2"5.84 m
Main Floor
Bedroom
11'7"3.53 m × 8'3"2.51 m
Main Floor
Dining Room
16'8"5.08 m × 8'11"2.72 m
Main Floor
Kitchen
11'10"3.61 m × 8'2"2.49 m
Main Floor
Living Room
20'4"6.20 m × 18'7"5.66 m
Main Floor
Bedroom - Primary
13'9"4.19 m × 10'9"3.28 m
Upper Level
Loft
35'10"10.90 m × 14'7"4.44 m
Upper Level
Storage
12'3.66 m × 6'5"1.96 m
2nd Floor
Laundry
9'2"2.79 m × 5'9"1.75 m
2nd Floor
Loft
15'8"4.78 m × 13'5"4.09 m
2nd Floor
Bedroom - Primary
15'9"4.80 m × 13'7"4.14 m
Lower Level
Bedroom
11'4"3.45 m × 8'10"2.69 m
Lower Level
Den
9'3"2.82 m × 9'1"2.77 m
Lower Level
Kitchen
11'5"3.48 m × 11'3.35 m
Lower Level
Game Room
20'11"6.38 m × 9'1"2.77 m
Lower Level
Furnace/Utility Room
12'1"3.68 m × 3'10"1.17 m
Floor
Ensuite
Pieces
Other
Main Floor
No
3
5' x 10'3"
Main Floor
No
4
6'11" x 10'1"
2nd Floor
Yes
4
11'7" x 14'2"
Lower Level
No
3
7'9" x 5'4"
Title to Land:
Leasehold
Community Features:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Data was last updated September 23, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,750,000
Min list price:
$519,000
Max list price:
$6,400,000
Avg days on market:
50
Min days on market:
19
Max days on market:
229
Avg price per sq.ft.:
$862.77
These statistics are generated based on the current listing's property type
and located in
Banff. Average values are
derived using median calculations. This data is not produced by the MLS® system.