216/218 MUSKRAT STREET

 

$2,300,000

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Property ID :

 20118905

Lot Size

background Layer 1 10441 sqft

Description

Banff development site consisting of 2 adjacent down town lots both 40 x 130 with alley access. Permitted uses are apartment housing, (rental or condo), 4 plex + stacked row housing. The site is 10,441 sq ft and using a floor area ratio of 1.3 there is about 13,573 sq ft to develop. A renowned long time local designer who has detailed knowledge of this site could be a strong resource for any buyer interested. He estimates that 21 to 22 units would be attainable if one used the entire site while incorporating a parkade. We also have a concept that could keep the existing former Bankhead character home but that reduces the number of additional units that can be built. Ideal investment opportunity for you with the long-term strength of the Banff Rental market which could include staff accommodation, rental housing or condo development. Also listed under MLS#48227 (id:28904)

Additional Details

  • MLS ID: 48228

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