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125 Rainbow Avenue
Banff
T1L 1A1
$1,845,000
Single Family
beds: 4
baths: 2.0
1,009 sq. ft.
built: 1955
- Status:
- Active
- Prop. Type:
- Single Family
- MLS® Num:
- A2249719
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1955
- Photos (46)
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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:2493)
- Property Type:
- Single Family
- Common Interest:
- Leasehold
- Property Attached:
- No
- Total Living Area:
- 1,009 sq. ft.
- Finished Area Above Grade:
- 1,009 sq. ft.
- Zoning:
- RRA (Rainbow Avenue District)
- Taxes:
- $2,945 / 2025
- Exterior Features:
- Wood siding
- Community Features:
- Golf Course Development
- View:
- View
- Structure Type:
- House
- Appliances Included:
- Refrigerator, Oven - Electric, Range - Electric, Stove, Washer & Dryer
- Home Style:
- Bi-level
- Bedrooms:
- 4
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 1
- Bathrooms:
- 2.0
- Half Bathrooms:
- 0
- Construction Material:
- Wood frame
- Cooling:
- None
- Fireplace:
- No
- Floor finish:
- Tile, Laminate, Carpeted
- Foundation:
- Poured Concrete
- Heating:
- Forced air, Natural gas
- Basement:
- Finished, Full
- Fence Type:
- Partially fenced
- Lot Frontage:
- 80'
- Lot Size:
- 9,834 sq. ft.
- Lot Details:
- 913.60
- Lot Features:
- Back lane, Level
- Parking:
- Detached Garage
- Total Parking Spaces:
- 4
- Floor
- Type
- Size
- Other
- Lower level
- Living room
- 22'9" × 20'
- -
- Lower level
- Bedroom
- 10'8" × 10'8"
- -
- Lower level
- Dining room
- 10'7" × 8'10"
- -
- Lower level
- Kitchen
- 11'3" × 9'4"
- -
- Lower level
- Laundry room
- 17'7" × 6'9"
- -
- Lower level
- Furnace
- 8' × 4'7"
- -
- Main level
- Bedroom
- 11'3" × 8'
- -
- Main level
- Bedroom
- 11'5" × 7'11"
- -
- Main level
- Dining room
- 10'3" × 8'
- -
- Main level
- Kitchen
- 13'8" × 11'4"
- -
- Main level
- Living room
- 22'7" × 11'10"
- -
- Main level
- Primary Bedroom
- 11'5" × 9'11"
- -
- Main level
- Storage
- 6'10" × 3'5"
- -
- Floor
- Ensuite
- Pieces
- Other
- Lower level
- No
- 3
- 0' x 0'
- Main level
- No
- 4
- 4'11" x 8'
-
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Video Tour Website
Listed by MaxWell Capital Realty
Data was last updated November 18, 2025 at 03:45 AM (UTC)
- DEAN COOPER & Luke Holland
- ROYAL LEPAGE SOLUTIONS
- 587-883-4013
- Sales@mountainliving.ca
Mountain Living Real Estate Team
710 - 10 Street, #101
Canmore, AB T1W 0G7