JN REAL ESTATE GROUP

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

LISTING COURTESY OF ALLISON BAIRD · HEARTLAND REAL ESTATE

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.