Prime Redevelopment Opportunity in the Heart of BanffNestled on a spacious 9,834 sq. ft. lot with breathtaking views towards the surrounding mountain vistas, this property offers a rare chance to secure a revenue-generating holding property with exceptional future potential.Currently improved with a well-maintained 1955-built home and a detached garage, the site produces steady rental income while you plan your next steps. The permitted zoning allows for up to an 8-plex development, and discretionary use provides the possibility for an apartment complex, subject to town planning approval.With convenient alley access—a valuable advantage for residents, guests, or 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:2493)More details
Excellent entry level two bedroom condo on main level with balcony and heated secure parking. Located in the heart of Banff, just steps away from shops, cafes, restaurants, and the Beautiful Bow River. This spacious 734 sq.ft. home features two large bedrooms, four piece bath, spacious kitchen, living room, eating area, and pantry. This is an excellent opportunity to enter the Banff market! (id:2493)More details
Welcome Home to this fabulous top-floor condo in the Sunshine Manor complex. Walking distance to downtown, restaurants, transit and the Bow River. With a southwest view and plenty of natural light, this corner two-level unit awaits a new owner. Possession is negotiable. This 1,748 sq ft 2-bedroom unit includes a fantastic owner’s suite on the upper level with a four-piece en-suite bath, a walk-in closet and an additional common space that can serve as an office, a guest room or a den. The main level includes: an upgraded kitchen with stainless steel appliances, a vaulted wood ceiling in the living area with a gas fireplace, and a large balcony overlooking the mountains. It also includes a three-piece bathroom with a steam shower and a large bedroom with a large closet. In-suite laundry, an extra storage area, a two-piece bath and pride of ownership. The unit comes with secure, heated underground parking and storage. Currently, this unit has very easy access for viewing. (id:2493)More details
Excellent Development Potential on Large Lot!! This is a character home, centrally located in the RTM-Tunnel Mountain District, on a private expansive 11,238 sq.ft. lot. This is a very unique property with a beautiful yard with views, sun and loads of potential for redevelopment (Duplex Fourplex, up to 8 townhomes or possible apartment housing), along with subdivision opportunities! (id:2493)More details
Prime Investment Opportunity in Banff - Exceptional Redevelopment Potential. This character home offers a rare combination of potential significant future development and rental income. Situated on a beautifully landscaped corner lot just under 12000 sq. ft. in one of Banff's most sought-after locations can't go unnoticed. The southern exposure affords views of the famous Banff Springs Hotel and the iconic Mt. Rundle. Currently configured as a six-bedroom home with multiple living spaces, a double-attached garage, and a sprawling landscaped yard, this residence provides steady rental potential while plans for redevelopment take shape. Whether you are considering multi-unit residential redevelopment or renovating or building your dream home this property is positioned for strong future value and growth. An unparalleled chance to secure a high-value property in one of Canada's most iconic mountain destinations. Invest now and capitalize on Banff's evolving real estate landscape. (id:2493)More details
Discover the perfect blend of stunning mountain views & natural light in this exceptional studio, located just minutes from Banff Avenue yet quiet & tranquil. With breathtaking vistas of Cascade Mountain & Mount Norquay, this thoughtfully designed home features two walls of expansive windows, seamlessly connecting the indoor space to its serene surroundings. A slate foyer leads into an inviting living area, where a cozy gas fireplace offers warmth & ambiance. The layout includes space for dining or a home office, alongside a well-appointed kitchen. Step onto the patio to take in more views. Additional features include a full bathroom, in-suite laundry & storage, a huge separate storage room, & underground heated parking. Set within a unique co-operative complex, this residence offers exclusive amenities such as a shared entertainment space with kitchen, a workshop, & a ski/bike tuning room. With the new pedestrian bridge, this prime location is truly one of a kind. (id:2493)More details
Situated on two full town lots in the core of Banff, Alberta—one of Canada’s most iconic national park destinations—Beaver Street Cabins presents a singular opportunity for investors seeking both stability and upside in a tightly held market. This legal, B&B Inn licensed hospitality property is forecast to generate $414,000 in net revenue for 2025 delivering a favourable cap rate in a world renowned resort market. What sets this property apart is its status as one of only eight of B&B Inns licensed in the Town of Banff—an increasingly rare asset due to tightened municipal regulations. The current configuration offers steady income from a collection of well-maintained heritage cabins, beloved by international visitors year-round; currently the cabins have the capacity for 20 guests in one and two bedroom arrangements. Visitors from around the globe visit to ski, hike, explore the mountains, and visit Banff Avenue which is just steps away. In addition to the guest spaces, there is a residential unit for an onsite owner or manager. Beyond its existing income stream, the real potential lies in the site’s approved redevelopment pathway. Backed by over $200,000 in architectural planning and consultations with the Town, future owners have the ability to reimagine the property—retaining a single historic structure while rebuilding the remainder to modern boutique hospitality standards. With zoning and licensing already in place, the groundwork has been laid for a one-of-a-kind repositioning.For investors looking to diversify their portfolio with a high-performing, lifestyle-aligned asset in a location with significant barriers to entry, Beaver Street Cabins is a generational acquisition. (id:2493)More details
Once-in-a-generation opportunity to own a home in one of the world’s most famous national parks. Welcome to Banff, the most beautiful place in Canada to live, work, and play! A luxurious mountain retreat boasting views of Cascade Mountain and only a 5-minute walk from the iconic Fairmont Banff Springs Hotel and town centre. Located on a quiet cul-de-sac on exclusive Lougheed Circle, this 5,600-sq-ft, 4-bedroom home sits on .3 acres and impresses at first glance with a natural river-rock exterior, heated drive way, mature trees, and meticulous landscaping. Artfully designed with European flair, the interior boasts site-finished maple floors, custom spiral stair/wrought iron railing, exquisite mouldings and millwork, river-rock feature walls, sophisticated hardware, Kallista fixtures, five fireplaces, granite countertops, designer lighting, wall treatments, and user-friendly window coverings. Designed for family and entertaining, this home boasts a cozy living room with gas fireplace, formal dining room for those special occasions, chef’s kitchen complete with top-of-line stainless steel Miele and Wolf appliances and a breakfast nook with balcony access where one can enjoy morning coffee with a mountain view. On the main floor, you will also find the luxuriously appointed master retreat with fireplace, dressing room, spa-like ensuite and clawfoot tub. An library/den completes the main floor. Upstairs, you are greeted by an open landing with an additional bedroom and loft space for what could be a gym or office. The walkout lower level offers two more bedrooms with a shared ensuite, steam room, sauna, bar, cedar closet, and family room with fireplace that leads out to a year-round breeze room. Only 1.5 hours from Calgary, Banff offers not only a spectacular location but unrivalled outdoor recreational opportunities, and great food and shopping in the heart of the world's most incredible landscape. (id:2493)More details
This property, situated on a serene Banff street, is a rare investment opportunity. It has been handed down through generations and comprises two separate homes on the site. There is the original home along with a large newer addition offering a sizable legal suite, an illegal basement suite, attached garage, a large workshop and including a new outdoor covered hot tub. With the current layout, the property generates substantial income, and if the existing construction does not meet your requirements, it presents an excellent opportunity for redevelopment. The location is ideal, just two blocks from Banff Ave., and within walking distance of both the Elementary and High Schools. Additionally, the property is ripe for development, with permitted uses for apartment housing, fourplex, multiplex, and more. Discretionary uses include home occupation types 1 &2, duplex and more, making it a versatile investment. (id:2493)More details
Welcome to one of Banff's most prestigious locations, nestled alongside the Famous Bow River in Downtown Banff, while still boasting picturesque views of Cascade Mountain from the front. This versatile 8-bedroom home featuring a full owner's residence on the main level plus 3 separate lock-off suites for exceptional rental income potential."The main floor unfolds with an open concept floorplan, accentuated by a vaulted ceiling in the main living room, rendering the space bright and inviting. Behind the living room, the kitchen and dining area seamlessly flow, while a sunroom and indoor hot tub beckon just steps away, offering views of the Bow River from the expansive 700 sqft deck. The primary bedroom & ensuite are conveniently located nearby, alongside a second bedroom & bathroom nestled across from the dining area.A spiral staircase off the living room ascends to a beautiful lofted area, framing Cascade Mountain through large north-facing windows. Here, one can savor morning coffee or unwind by the fireplace with a glass of wine in the evening.In total, this home comprises 3 separate units in addition to the primary residence on the main floor. The first unit is a separate 1 bedroom retreat with a cozy bathroom and kitchenette just off the main entrance. Another 2 bedroom unit awaits down the main corridor, boasting its own entrance, kitchenette, bathroom, and living room. Meanwhile, the basement unfolds as a spacious haven, featuring 3 well-appointed bedrooms, a generous living area seamlessly integrated with a kitchenette, a bathroom and sauna, and even a cold storage area.Set on a sprawling 13831 sqft lot, this property boasts an extra large 2-car detached garage, fenced areas located on both sides of the home, ample parking, and green space complementing this amazing Banff residence. (id:2493)More details
Fabulous possibilities in this Banff propertyWelcome to Banff, where this classic residence epitomizes Banff's finest district, Kootenay Ave. This unique modernized log home is secluded in the heart of Banff, where privacy and comfort are the norm. It offers extraordinary mountain views and the unparalleled lifestyle of living in beautiful Banff. The rear exterior boasts a 300-square-foot cedar deck with a hand-carved glass panel depicting local flora and fauna on a dimmer switch. This deck overlooks Mt Rundle, currently a B&B, with the possibility of developing this property into three lots.Layout: Main Level Entry with two wings.Lot: Features a Parklike Setting, Private, over 21,600 sq ft. Heating: Natural gasFlooring: Hardwood, carpet, linoleum. Roof: asphalt with solar panels. Parking: Room for five carsExterior: Feature fencing, Garden, Decks and BarnInterior: Rustic Living Room/ Dining Room & Island Kitchen with a Gas Range, two Island KitchenLaundry: Main floor Fireplace: Description Wood Burning Amazing possibilities and Pride of Ownership. (id:2493)More details
An exceptional chance to purchase a fully operational Banff Light Industrial Business. Bow River Glass has been providing high end services to the Bow Valley and neighboring areas for over 20 years. This business is being sold with the option of all inventory, tools, fleet vehicles, and equipment, allowing for a seamless takeover. The current owner is open to staying on for a mutually agreed-upon time period to provide training to the new owner and acquaint them with important clients and customers. This sale includes the business only and offers a lease with multiple renewal options at a prime location within the Banff Industrial Compound. (id:2493)More details
Data was last updated August 26, 2025 at 05:15 PM (UTC)
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.