125 Rainbow Ave | $1,895,000 | MLS® 43179
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RE/MAX ALPINE REALTY
104-709 Main Street
Canmore, AB
Canada T1W 2B2
MLS® 43179

Details

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Years (35 year max)
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Address 125 Rainbow Ave
Area01 Banff
Sub AreaBA-Banff
State/ProvinceAlberta
CountryCanada
Price$1,895,000
Property TypeSingle Family
Bedrooms4
Bathrooms2
Floor Space1009 Square Feet
Lot Size0.23 Acres
Parking4 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


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Data Source: Statistics Canada
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