125 Rainbow Ave, Banff, AB T1L1A1
- Beds
- 4
- Baths
- 2
- Sqft
- 10,860.78
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Overview
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:58180)
Location
Full feature list
Basic info
- Property type
- House
- Number of bedrooms
- 4
- Number of bathrooms
- 2
- Square feet
- 10,860.78
- Lot size (acres)
- 0.23
- Year built
- 1955
Interior features
- Basement
- Yes
Utilities
- Heating
- Forced Air, Natural Gas
- Cooling
- None
Taxes
- Tax Annual Amount (2025)
- $6,184.05
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: A2249719 Last checked: …
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