NONE
FOR SALE
$4,200,000
PURCHASE PRICE
425 Muskrat Street , Banff · T1L 1A1
RESIDENTIAL LAND
MLS A2334650 · 0 DAYS ON MARKET
Interested in this commercial property?
JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.
RE/MAX Complete Realty · Calgary
ABOUT THIS PROPERTY
An exceptional opportunity to acquire a rare vacant development property in the heart of Banff, Canada's first national park. Encompassing approximately 0.58 acres, this unique offering consists of two legal lots under one title, spanning the RBA and RNC Land Use Districts under the Town of Banff Land Use Bylaw. The RBA designation permits apartment, multiplex, and fourplex housing, while the RNC designation permits duplex, triplex, fourplex, and multiplex housing, subject to all applicable bylaws, development permit approval, and municipal requirements. Ideally situated, the property captures spectacular views of Cascade Mountain, Mount Norquay, Sulphur Mountain, and Tunnel Mountain, while remaining within walking distance of downtown Banff, schools, parks, trails, and everyday amenities. Opportunities to acquire a vacant infill development site of this size and caliber in Banff are exceptionally rare, making this a remarkable redevelopment opportunity in one of Canada's most sought-after mountain communities.
DETAILS
TRANSACTION
- TRANSACTION
- For Sale
BUILDING
- TYPE
- Residential Land
LOT & EXTERIOR
- LOT SIZE (SQFT)
- 25,264
- LOT SIZE (ACRES)
- 0.58
- FENCING
- None
COMMUNITY
- COMMUNITY
- NONE
- ZONING
- RNC
- POSTAL CODE
- T1L 1A1
UTILITIES & COSTS
- ANNUAL TAXES
- $18,879