* Amounts are estimates only. Final payment amounts may vary.
Description
Fantastic development opportunity in Banff! Nestled on a quiet street just steps from the Banff Centre, this character-filled property offers a rare opportunity to own a double lot exceeding 10,000 sqft in the heart of Banff. Zoned RNC, the lots allow for up to 8 units (with potential for 9+ through discretionary use - FAR 1.0), offering incredible development potential. The home retains its original charm and could also be a fantastic family home with some renovations. The expansive yard is a highlight, featuring a charming patio, firepit, and greenhouse—perfect for outdoor relaxation. It is also ideal for staff accommodation with 6 bedrooms and 2 bathrooms. The basement can easily be partitioned into an (illegal) suite, and with the town’s current financial incentives to legalize secondary suites, this property is a prime candidate. A unique investment with endless possibilities!
Property details
Basic Info
MLS® #
A2171429
Property Type:
Residential
Subtype:
Detached
Subdivision:
NONE
Price
$1,599,999
Sale/Lease:
For Sale
Size:
2,647 sq.ft.
Bedrooms:
6
Bathrooms:
2
Year Built:
1952 (73 years old)
Building Info
Structure Type:
House
Building Style:
2 Storey
Garage:
Yes
Parking:
Off Street, Single Garage Attached
Fence:
Fenced
Basement:
No
Features:
No Smoking Home, Soaking Tub
Fireplaces:
1
Inclusions:
none
Appliances:
Dishwasher, Dryer, Electric Range, Freezer, Microwave, Refrigerator, Washer