125 Rainbow Avenue, Banff, Alberta, CA

Address: 125 Rainbow Avenue, Banff, Alberta

4 Beds2 Baths1008 sqftStatus: Buy
Price $1,895,000

Property Overview


Prime Redevelopment Opportunity in the Heart of BanffNestled 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. (id:51532)

 

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Property Summary
Property Type
Single Family
Building Type
House
Square Footage
1009 sqft
Title
Leasehold
Land Size
913.6 m2|7,251 - 10,889 sqft
Built in
1955
Parking Type
Detached Garage(1)
Building
Bedrooms
Above Grade
3
Below Grade
1
Bathrooms
Total
4
Interior Features
Appliances Included
Refrigerator, Oven - Electric, Range - Electric, Stove, Washer & Dryer
Flooring
Carpeted, Laminate, Tile
Basement Type
Full (Finished)
Building Features
Features
Back lane, Level
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bi-level
Construction Material
Wood frame
Square Footage
1009 sqft
Total Finished Area
1008.93 sqft
Structures
Deck
Heating & Cooling
Cooling
None
Heating Type
Forced air
Exterior Features
Exterior Finish
Wood siding
Neighbourhood Features
Community Features
Golf Course Development
Amenities Nearby
Golf Course, Playground, Schools, Shopping
Parking
Parking Type
Detached Garage(1)
Total Parking Spaces
4
Land
Lot Features
Fencing
Partially fenced
Other Property Information
Zoning Description
RRA (Rainbow Avenue District)
Level Rooms Dimensions
Lower level 3pc Bathroom .00 Ft x .00 Ft
Living room 22.75 Ft x 20.00 Ft
Bedroom 10.67 Ft x 10.67 Ft
Dining room 10.58 Ft x 8.83 Ft
Kitchen 11.25 Ft x 9.33 Ft
Laundry room 6.75 Ft x 17.58 Ft
Furnace 4.58 Ft x 8.00 Ft
Main level 4pc Bathroom 8.00 Ft x 4.92 Ft
Bedroom 8.00 Ft x 11.25 Ft
Bedroom 11.42 Ft x 7.92 Ft
Dining room 8.00 Ft x 10.25 Ft
Kitchen 11.33 Ft x 13.67 Ft
Living room 11.83 Ft x 22.58 Ft
Primary Bedroom 11.42 Ft x 9.92 Ft
Storage 3.42 Ft x 6.83 Ft

Features
           Back lane            Level            Detached Garage(1)
           Refrigerator            Oven - Electric            Range - Electric
           Stove            Washer & Dryer            None
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Your Home Finance Calculation

Property Price CA $1,895,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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