$1,779,750

Rare development opportunity in the heart of Banff! Welcome to 124A Spray Avenue, offering approximately 8,972 sq. ft. (833.55 m²) of residential land in one of Canada's most desirable mountain communities. Located in the RSA (Spray Avenue) District, the property benefits from updated land use regulations supporting increased residential density. The zoning allows multiplex housing and provides opportunities for apartment-style development, with a maximum Floor Area Ratio (FAR) of 1.0 for qualifying projects. With development land in Banff exceptionally limited, this is an exciting opportunity for builders and investors looking to create a residential project in the Canadian Rockies. Artist's renderings are conceptual examples only. Building design, unit count and development potential are subject to applicable bylaws and required approvals. Buyers to conduct their own due diligence.