Living and buying in Banff


Banff Listings

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  • 1, 153 Cave Ave in Banff: Condo for sale : MLS®# A2264891

    1, 153 Cave Ave Banff T1L 1C3
    Main Photo: 1, 153 Cave Ave in Banff: Condo for sale : MLS®# A2264891
    $935,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2264891
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,385 sq. ft.
    Welcome to 153 Cave Avenue, a beautifully maintained 3 bedroom, 2.5 bathroom home tucked into one of Banff’s most desirable residential settings. Situated at the base of Sulphur Mountain on sought-after Cave Avenue, this property offers the perfect balance of mountain serenity, privacy, and access to town.Step inside to discover a bright, open concept living space designed for both comfort and functionality. The large windows frame the surrounding natural beauty, filling the home with warm light and peaceful mountain views. The modern kitchen flows seamlessly into the dining area, with a step down to the comfortable living room. Each of the three bedrooms is generously sized, including a welcoming primary suite with an updated and well appointed private ensuite. This stunning end unit provides you with added privacy, a single car garage, and unobstructed views where you can take in the mountains and mature trees throughout this neighbourhood. Just a short walk from the iconic Banff Avenue, this home provides easy access to parks, playgrounds, skateparks, soccer fields and lots of trails to hike or bike along the Bow River, while maintaining a quiet, residential feel. 153 Cave Avenue captures the best of Banff living. (id:2493) More details
    Listed by MaxWell Capital Realty
    DEAN COOPER & Luke Holland
  • 125 Rainbow Avenue in Banff: Single Family for sale : MLS®# A2249719

    125 Rainbow Avenue Banff T1L 1A1
    Main Photo: 125 Rainbow Avenue in Banff: Single Family for sale : MLS®# A2249719
    $1,845,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2249719
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,009 sq. ft.
    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) More details
    Listed by MaxWell Capital Realty
    DEAN COOPER & Luke Holland
  • 404 Otter Street in Banff: Single Family for sale : MLS®# A2232374

    404 Otter Street Banff T1L 1E3
    Main Photo: 404 Otter Street in Banff: Single Family for sale : MLS®# A2232374
    $1,855,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2232374
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,209 sq. ft.
    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
    Listed by RE/MAX Alpine Realty
    DEAN COOPER & Luke Holland
  • 412 Cougar Street in Banff: Single Family for sale : MLS®# A2264167

    412 Cougar Street Banff T1L 1A1
    Main Photo: 412 Cougar Street in Banff: Single Family for sale : MLS®# A2264167
    $2,300,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2264167
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,032 sq. ft.
    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
    Listed by ROYAL LEPAGE SOLUTIONS
    DEAN COOPER & Luke Holland
  • 107 Lougheed Circle in Banff: Single Family for sale : MLS®# A2218696

    107 Lougheed Circle Banff T1L 1B9
    Main Photo: 107 Lougheed Circle in Banff: Single Family for sale : MLS®# A2218696
    $2,499,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2218696
    Bedrooms:
    4
    Bathrooms:
    6
    Floor Area:
    3,305 sq. ft.
    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
    Listed by Sotheby's International Realty Canada
    DEAN COOPER & Luke Holland
  • 128 Kootenay Avenue in Banff: Single Family for sale : MLS®# A2189463

    128 Kootenay Avenue Banff T1L 1B8
    Main Photo: 128 Kootenay Avenue in Banff: Single Family for sale : MLS®# A2189463
    $3,500,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2189463
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    2,584 sq. ft.
    Fabulous possibilities in this Banff propertyWelcome to Banff, where this classic residence epitomizes the finest district in Banff, Kootenay Avenue. 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 gas. Flooring: options include hardwood, carpet, and linoleum. Roof: asphalt with solar panels. Parking: Room for five cars. Exterior: Feature fencing, Garden, Decks and Barn. Interior: Rustic Living Room/ Dining Room & Island Kitchen with a Gas Range, two Island Kitchen, Laundry: Main floor Fireplace: Description Wood Burning. An extraordinary possibility, duplex, triplex, and fourplex housing are all permitted under the local land use bylaw. This lot is positioned to be divided into three lots, offering ample potential. (id:2493) More details
    Listed by Real Estate Professionals Inc.
    DEAN COOPER & Luke Holland
  • 115 Spray Avenue in Banff: Single Family for sale : MLS®# A2258433

    115 Spray Avenue Banff T1L 1A1
    Main Photo: 115 Spray Avenue in Banff: Single Family for sale : MLS®# A2258433
    $4,999,000
    Single Family
    Status:
    Active
    MLS® Num:
    A2258433
    Bedrooms:
    8
    Bathrooms:
    5
    Floor Area:
    3,114 sq. ft.
    Frank Lloyd Wright–Inspired Home | Built 1964 | Complete Renovation 2015 This architecturally inspired residence combines timeless design with modern upgrades. Originally built in 1964 and fully reimagined in 2015, the home was taken to the studs and completely rebuilt with a new main floor plan, updated systems, and refined finishes. Highlights Architecture & History: Frank Lloyd Wright–inspired design. Renovation 2015: Full interior gut and remodel, including new main floor layout. 2022: Entire landscaping and driveway redone with 8” paver stones; new fire pit; all backyard patio areas rebuilt with pavers; town-to-home plumbing line replaced 2024: Basement fully redeveloped into a private 2-bedroom, 1-bath dwelling with separate entrance. This is only the second time the home has been offered for sale. A rare opportunity to own a property with both architectural pedigree and modern livability. (id:2493) More details
    Listed by RE/MAX Alpine Realty
    DEAN COOPER & Luke Holland
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Data was last updated October 29, 2025 at 06:15 PM (UTC)

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).

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