Living and buying in Banff

Can I buy in Banff?

The short answer is yes, anybody can buy in Banff. However, there is a need to reside that people need to be aware of when it comes to owning property in the National Park.

 When you buy a property in Banff, you aren't purchasing or owning the land beneath it. The land remains under the ownership of Parks Canada, which grants buyers a ‘leasehold’ interest in the property. This type of interest provides all the rights of freehold ownership, except for the land itself. In Banff, lease terms last 42 years and run with the title and are renewed at the end of this period. Renewals are typically straightforward, relatively low cost and can by done by any lawyer familiar with Parks legislation.

The following information is taken from the parks Canada Website, please visit the below links for further information:

Parks Canada Information

Town of Banff Resources

 

According to the National Parks Lease and License of Occupation Regulations an eligible resident is defined as:

(a) an individual whose primary employment is in the park,
(b) an individual who operates a business in the park and whose presence at the place of business is necessary for the day-to-day operation of the business,
(c) a retired individual who resides in the park and who, for five consecutive years immediately prior to retirement,
(i) was employed primarily in that park, or
(ii) operated a business in that park and whose presence at the place of business was necessary for the day-to-day operation of the business,
(d) a retired individual who resided in the park at the time of the individual's retirement and who resided in that park on July 30, 1981,
(e) an individual who is a student in full-time attendance at an educational institution that is located within the park and registered under the Income Tax Act or applicable provincial legislation relating to education,
(f) an individual who is a lessee of public lands in the park and who
(i) was the lessee of those public lands prior to May 19, 1911, or
(ii) is a descendant, by blood or adoption, of an individual who was the lessee of those public lands prior to May 19, 1911, or
(g) the spouse or common-law partner or a dependent of an individual referred to in any of paragraphs (a) to (f).

Banff Listings

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1-12/15

  • 4 Cascade Court in Banff: Single Family for sale : MLS®# A2031406

    4 Cascade Court Banff T1L 1B1
    Main Photo: 4 Cascade Court in Banff: Single Family for sale : MLS®# A2031406

    4 Cascade Court Banff T1L 1B1

    $2,190,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2031406
    Bedrooms:
    4
    Bathrooms:
    6
    Floor Area:
    4,726 sq. ft.
    Over 4717 Sq Ft. in this FANTASTIC executive home just steps away from the Banff Springs Hotel, with incredible mountain views and amazing finishing inside. This stunning property sits on two lots, located in a quiet cul-de-sac. This home boasts an amazing stone towered fireplace that goes up the center of the entire house to the top of the vaulted ceiling. The upper floor features a spacious living room, dining room,central kitchen, office, 4 bedrooms and 6 bathrooms throughout. The entrance level offers a large rec room, built in hot tub and sauna in the spa room, and a large mud room. Large double attached garage and abundance of parking. THIS HOUSE IS TRULY A MUST SEE! (id:2493) More details
    Listed by RE/MAX Cascade Realty
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 140 Kootenay Avenue in Banff: Single Family for sale : MLS®# A2043848

    140 Kootenay Avenue Banff T1L 1E3
    Main Photo: 140 Kootenay Avenue in Banff: Single Family for sale : MLS®# A2043848

    140 Kootenay Avenue Banff T1L 1E3

    $1,900,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2043848
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,984 sq. ft.
    Charming older home on large, secluded corner lot with terrific southern sun exposure and fantastic views of Mount Rundle, Sulphur Mountain, and the iconic Banff Springs Hotel! This character home has plenty of life left in it and has been very well cared for throughout. The upper main level consists of four bedrooms, two bathrooms, kitchen and eating area, formal dining room, office, large living room with beautiful rock faced wood burning fireplace and massive balcony with unbelievable mountain views! The lower level consists of two more bedrooms, bathroom, sauna/jacuzzi room, laundry/utility room, office/den and double car attached garage. This is a unique family home, in a sought after location, on an 11,992 sq.ft. lot. This is an excellent family home with a beautiful yard with loads of potential for future redevelopment along with subdivision opportunities! NEW Land Use Bylaws now allow for even more density and development options! (id:2493) More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 211 banff Avenue in Banff: Business for sale : MLS®# A2060493

    211 banff Avenue Banff T1L 1H1
    Main Photo: 211 banff Avenue in Banff: Business for sale : MLS®# A2060493

    211 banff Avenue Banff T1L 1H1

    $305,000
    Business
    Status:
    Active
    MLS® Num:
    A2060493
    Floor Area:
    498 sq. ft.
    Attention, aspiring entrepreneurs! An exceptional opportunity awaits you at Banff's premier milk tea store. Situated within a well-established mall on Banff Avenue, this highly regarded business has become a beloved destination for residents and tourists alike. With an esteemed reputation and a wide variety of delicious milk teas, the store attracts customers from far and wide. Take advantage of this rare chance to own and operate your very own milk tea store in the heart of Banff Avenue, a location renowned for fulfilling dreams and creating lasting memories. Don't miss out on the opportunity to make your mark in Banff's thriving beverage industry. This business is now available for sale, offering you the chance to embark on an exciting entrepreneurial journey. Seize this moment and make your milk tea dreams a reality in the enchanting town of Banff. As this is an ongoing business, a Non-Disclosable Agreement (NDA) is required for further details .. Please do not approach staff directly, all showing by appointment only. (id:2493) More details
    Listed by Greater Property Group
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 1-5, 412 Beaver Street in Banff: Multi-family for sale : MLS®# A2106575

    1-5, 412 Beaver Street Banff T1L 0A1
    Main Photo: 1-5, 412 Beaver Street in Banff: Multi-family for sale : MLS®# A2106575

    1-5, 412 Beaver Street Banff T1L 0A1

    $2,199,000
    Multi-family
    Status:
    Active
    MLS® Num:
    A2106575
    Floor Area:
    3,596 sq. ft.
    Are you ready to invest in the heart of one of Canada's most iconic and sought-after destinations? This is your golden opportunity to own a prime revenue-building in downtown Banff, where the stunning Rockies meet vibrant culture. With 4 units above grade this property has exceptional rental potential for the savvy investor. Welcome to your next venture, where the mountains and your portfolio rise together. Each unit includes large storage units. A new washer/dryer (coin) is located in the basement common area. Updates in the past 12 years include, bath in Unit 2 (2017), bath in Unit 3 (2019), renovation in Unit 5 (2020) and washer/dryer (2021), outdoor paint (2012) and boiler/hot water replacement (2014). (id:2493) More details
    Listed by RE/MAX Cascade Realty
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 417-421 Muskrat Street in Banff: Single Family for sale : MLS®# A2108398

    417-421 Muskrat Street Banff T1L 1A9
    Main Photo: 417-421 Muskrat Street in Banff: Single Family for sale : MLS®# A2108398

    417-421 Muskrat Street Banff T1L 1A9

    $6,400,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2108398
    Bedrooms:
    6
    Bathrooms:
    8
    Floor Area:
    9,299 sq. ft.
    Welcome to a luxurious retreat nestled in the heart of Banff, where sophistication meets serenity on 6 private lots spread across 2 titles on over 35,000 sq ft . This extraordinary estate presents a unique opportunity to own an exquisite home with unparalleled character and meticulous attention to detail.As you approach through the fully fenced and gated property, a sense of exclusivity and privacy envelops you. The majestic mountain views serve as a picturesque backdrop to this one-of-a-kind residence, providing an unparalleled blend of natural beauty and architectural elegance.This distinguished property features a main residence that seamlessly integrates modern luxury with timeless design. From the moment you enter, you'll be captivated by the grandeur of the living spaces, adorned with high-end finishes and thoughtful craftsmanship. The gourmet kitchen, outfitted with top-of-the-line appliances, is a chef's dream, while the expansive living areas are perfect for both intimate gatherings and grand entertaining.Step outside to discover your own private oasis. The meticulously landscaped grounds boast natural beauty and plenty of wildlife , offering a tranquil space to unwind while surrounded by the breathtaking beauty of Banff's natural landscape. Additionally, a second guest home adds to the allure, providing a private retreat for visitors or an ideal space for extended family.This property stands as a testament to luxury living in Banff, with no other comparable residence in the area. Whether you're seeking a tranquil escape or an entertainer's paradise, this home exceeds expectations at every turn. Don't miss the chance to own a piece of Banff's unparalleled charm and exclusivity. (id:2493) More details
    Listed by RE/MAX Cascade Realty
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 137 Eagle Crescent in Banff: Business for sale : MLS®# A2115725

    137 Eagle Crescent Banff T0L 0C0
    Main Photo: 137 Eagle Crescent in Banff: Business for sale : MLS®# A2115725

    137 Eagle Crescent Banff T0L 0C0

    $299,000
    Business
    Status:
    Active
    MLS® Num:
    A2115725
    Major Bus.:
    Industrial
    Minor Bus.:
    Industrial
    Floor Area:
    2,000 sq. ft.
    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 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
    Listed by ROYAL LEPAGE SOLUTIONS
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • A, 328 Squirrel Street in Banff: Single Family for sale : MLS®# A2121953

    A, 328 Squirrel Street Banff T0L 0C0
    Main Photo: A, 328 Squirrel Street in Banff: Single Family for sale : MLS®# A2121953

    A, 328 Squirrel Street Banff T0L 0C0

    $1,395,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2121953
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,463 sq. ft.
    Welcome to your dream family home in the heart of Banff! This charming half duplex offers the perfect blend of convenience, comfort, and income potential.Located directly across the street from Banff Elementary School, your mornings will be a breeze as the kids simply walk across to start their day of learning. Imagine the joy of watching them play in the open school field with the breathtaking backdrop of majestic mountains.With three bedrooms upstairs, there's ample space for the whole family to unwind and rest. Plus, the added bonus of a 1-bedroom illegal suite in the basement provides a fantastic opportunity to offset your mortgage payments or accommodate extended family members.Situated just a stone's throw away from downtown Banff and a mere block from IGA, you'll have all the amenities you need within easy reach. Whether it's a quick grocery run or a leisurely stroll through town, everything is conveniently close by.Nestled in one of Banff's most desirable locations, this home offers more than just a place to live—it offers a lifestyle. From the proximity to schools and shops to the stunning natural beauty that surrounds you, this is an opportunity not to be missed. Make memories that will last a lifetime in this perfect family abode. (id:2493) More details
    Listed by RE/MAX Cascade Realty
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 436 Muskrat Street in Banff: Single Family for sale : MLS®# A2134862

    436 Muskrat Street Banff T1L 1G1
    Main Photo: 436 Muskrat Street in Banff: Single Family for sale : MLS®# A2134862

    436 Muskrat Street Banff T1L 1G1

    $1,510,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2134862
    Bedrooms:
    6
    Bathrooms:
    3
    Floor Area:
    1,729 sq. ft.
    This exquisite 6-bedroom, one-den single-family residence offers luxury and comfort, located just minutes from downtown Banff. Enjoy breathtaking mountain views from this prime location, especially off the primary bedroom upstairs! Step into an expansive open-concept living area with a custom kitchen featuring a gas range, massive island and also double ovens that work perfect for cooking nights. This house has been very well taken care of and has a recent new roof. Seperate entrance for the lower living and a cozy backyard will allow for wonderful nights by the firepit. Book a showing today to see this pristine home in Banff that is full of character and full size rooms! Multiple of them! (id:2493) More details
    Listed by eXp Realty
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 30 Antelope in Banff: Condo for sale : MLS®# A2137681

    30 Antelope Banff T0L 0C0
    Main Photo: 30 Antelope in Banff: Condo for sale : MLS®# A2137681

    30 Antelope Banff T0L 0C0

    $924,750
    Single Family
    Status:
    Active
    MLS® Num:
    A2137681
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,031 sq. ft.
    This updated 1,851 sq ft 2+ bedroom stunning townhouse is located in Tatanga Ridge 1 & offers spectacular views. The living room features a corner gas fireplace and a wall of windows that bring the mountains views & light throughout your entire living space. A few stairs up, overlooking the living room, is the spacious kitchen and dining area. The upgraded kitchen with eating bar & stainless appliances also boasts an additional flex space which is great for a home office or breakfast nook. On the upper level is a large bright master bedroom with access to a large private deck, a walk-in closet and a 5 piece ensuite complete with double sinks, a jetted tub and separate shower. The second bedroom is a walkout with an additional loft space which is perfect for kids or extra guests. Also on this level is a 3 piece bath. The lower level includes a large family room, 2 piece bath, laundry room & storage space. Completing this home is a single car garage for your vehicle & mountain toys. (id:2493) More details
    Listed by ROYAL LEPAGE SOLUTIONS
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • B, 109 Cave Ave Avenue S in Banff: Single Family for sale : MLS®# A2140289

    B, 109 Cave Ave Avenue S Banff T1L 1E8
    Main Photo: B, 109 Cave Ave Avenue S in Banff: Single Family for sale : MLS®# A2140289

    B, 109 Cave Ave Avenue S Banff T1L 1E8

    $999,999
    Single Family
    Status:
    Active
    MLS® Num:
    A2140289
    Bedrooms:
    5
    Bathrooms:
    3
    Floor Area:
    1,728 sq. ft.
    JUST REDUCED….Offers are invited for this rear, back to back Duplex that is a Banff gem. Backing onto green space with a private yard, this property has the flexibility of a Family home with a separate 2 plus den suite for income generation. Alternatively as a much sort after investment property, for staff housing. Note Banff has a need to reside clause, so confirm with your trusted realtor (id:2493) More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 418 Muskrat Street in Banff: Single Family for sale : MLS®# A2143999

    418 Muskrat Street Banff T1L 1G5
    Main Photo: 418 Muskrat Street in Banff: Single Family for sale : MLS®# A2143999

    418 Muskrat Street Banff T1L 1G5

    $2,400,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2143999
    Bedrooms:
    1
    Bathrooms:
    3
    Floor Area:
    1,731 sq. ft.
    Front-Back Duplex in Town of Banff on double sized lot spanning from Muskrat Street to Otter Street with great development potential. This is an established residential location on the north side of Banff's downtown core. Local traffic only on this portion of Muskrat Street and good access to all local amenities. The house is built in 1910. It is zoned RNC (Residential North Central District) whereby duplex, triplex, and fourplex housing are all permitted under the local land use bylaw. (id:2493) More details
    Listed by Honestdoor Inc.
    LISTING DETAILS
    DEAN COOPER & Luke Holland

  • 137 Muskrat Street in Banff: Business for sale : MLS®# A2146781

    137 Muskrat Street Banff T1W 1A0
    Main Photo: 137 Muskrat Street in Banff: Business for sale : MLS®# A2146781

    137 Muskrat Street Banff T1W 1A0

    $3,450,000
    Business
    Status:
    Active
    MLS® Num:
    A2146781
    Floor Area:
    3,723 sq. ft.
    This unique and spacious lodge, nestled just minutes from downtown Banff, offers an exceptional opportunity to own a beautifully renovated property with a thriving business.Boasting an enviable location that provides easy access to the town's vibrant dining, shopping, and entertainment options, as well as the stunning natural beauty of Banff National Park. The lodge can accommodate up to 12 guests, making it perfect for family reunions, corporate retreats, and special gatherings.The property features a large, fully equipped kitchen, a dining room designed to host large groups in comfort and style, and two cozy living areas offering comfortable seating and entertainment options. Guests enjoy exclusive access to the entire property, ensuring privacy and a truly personalized experience.This is more than just a property; it's a well-established business with a strong reputation for excellence. The blend of historic charm and modern amenities attracts a steady stream of visitors year-round.Seize this rare opportunity to own a piece of Banff's history while enjoying the benefits of a successful hospitality business and continuing its legacy of creating unforgettable experiences in one of Canada's most beloved destinations. (id:2493) More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    DEAN COOPER & Luke Holland
1-12/15
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Data was last updated October 22, 2024 at 03:45 AM (UTC)
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