Prime Investment Opportunity in Banff - Exceptional Redevelopment Potential. This character home offers a rare combination of potential significant future development and rental income. Situated on a beautifully landscaped corner lot just under 12000 sq. ft. in one of Banff's most sought-after locations can't go unnoticed. The southern exposure affords views of the famous Banff Springs Hotel and the iconic Mt. Rundle. Currently configured as a six-bedroom home with multiple living spaces, a double-attached garage, and a sprawling landscaped yard, this residence provides steady rental potential while plans for redevelopment take shape. Whether you are considering multi-unit residential redevelopment or renovating or building your dream home this property is positioned for strong future value and growth. An unparalleled chance to secure a high-value property in one of Canada's most iconic mountain destinations. Invest now and capitalize on Banff's evolving real estate landscape.
Data was last updated August 19, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
21
Avg list price:
$1,540,000
Min list price:
$510,000
Max list price:
$6,400,000
Avg days on market:
15
Min days on market:
1
Max days on market:
194
Avg price per sq.ft.:
$832.34
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.