AB > Banff
Banff, AB T1L1A1,125 Rainbow Avenue
See all 46 photos
Banff, AB T1L1A1,125 Rainbow Avenue
Banff, AB T1L1A1,125 Rainbow Avenue
Banff, AB T1L1A1,125 Rainbow Avenue
Banff, AB T1L1A1,125 Rainbow Avenue
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
5
Nov
Thu
6
Nov
Fri
7
Nov
Muhammad Bilal

Muhammad Bilal

+1(587) 222-7898
$ 1,845,000
Est. payment /mo
Save Virtual Tour
Price Dropped by $50K

125 Rainbow Avenue Banff, AB T1L1A1

4 Beds

2 Baths

1,009 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Leasehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,009 sqft

Price per Sqft $1,828

MLS® Listing ID A2249719

Style Bi-level

Bedrooms 4

Year Built 1955

Lot Size 9,833 Sqft

Acres 0.22575548

Property Sub-Type Leasehold

Source Calgary Real Estate Board

Property Description

Prime redevelopment opportunity in the heart of Banff, nestled on a spacious 9,834 square foot lot, with breathtaking views towards the surrounding mountain views, this property offers a rare chance to secure a revenue-generating holding property with exceptional development potential. The land is currently improved with a 4 bedroom home and a detached garage, producing steady rental income. The permitted zoning allows for up to an 8-plex development, and discretionary use provides the possibility for additional development including an apartment complex, subject to town approval.With convenient alley access, a valuable advantage for residents, visitors, and 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:24570)

Location

Province AB

Rooms

Kitchen 2.0

Extra Room 1 Lower level .00 Ft x .00 Ft 3pc Bathroom

Extra Room 2 Lower level 22.75 Ft x 20.00 Ft Living room

Extra Room 3 Lower level 10.67 Ft x 10.67 Ft Bedroom

Extra Room 4 Lower level 10.58 Ft x 8.83 Ft Dining room

Extra Room 5 Lower level 11.25 Ft x 9.33 Ft Kitchen

Extra Room 6 Lower level 6.75 Ft x 17.58 Ft Laundry room

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Laminate, Tile

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

Fence Partially fenced

Community Features Golf Course Development

View Y/N Yes

View View

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Architectural Style Bi-level

Others

Ownership Leasehold

Virtual Tour https://youriguide.com/125_rainbow_ave_banff_ab/

Powered by: REALTOR.ca
Listed by MaxWell Capital Realty
Muhammad Bilal

Muhammad Bilal

Agent

+1(587) 222-7898

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Muhammad Bilal, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

125 Rainbow Avenue