iGUIDE 3D allows you to walk through the property in 3d















































Call for More Information
104-709 Main Street
Canmore, AB
Canada T1W 2B2

Details
Address | 125 Rainbow Ave |
Area | 01 Banff |
Sub Area | BA-Banff |
State/Province | Alberta |
Country | Canada |
Price | $1,895,000 |
Property Type | Single Family |
Bedrooms | 4 |
Bathrooms | 2 |
Floor Space | 1009 Square Feet |
Lot Size | 0.23 Acres |
Parking | 4 Spaces, 1-Car, Detached, Driveway, Garage |
MLS® # | 43179 |
Prime Redevelopment Opportunity in the Heart of Banff
Prime Redevelopment Opportunity in the Heart of Banff Nestled 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
Listed by MAXWELL CAPITAL REALTY