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A2249719 - 125 Rainbow Avenue , Banff, Alberta T1L 1A1




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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.

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ESSENTIAL
MLS®:A2249719
Price:1,845,000.00
Type:Residential
Sub Type:Detached
Style:Bi-Level
Lot Size:9,833 sq. ft.
Levels:Bi-Level
Total Sqft:1008.93 Sqft.
RestrictionsShort Term Rentals Not Allowed
DOM79
INTERIOR SNAPSHOT   
Baths Full:2
Baths Total:2
Bedrooms:4
Rooms Above:6
Flooring:Carpet, Laminate, Tile
Heating:Forced Air, Natural Gas
Basement:Full
Suite:Yes


COMMUNITY DETAILS
Address:125 Rainbow Avenue , Banff, Alberta T1L 1A1
City:Banff
County:Improvement District No. 09 (Banff)
Province:Alberta
Postal Code:T1L 1A1
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1955
Structure Type:House
Foundation:Poured Concrete
Frontage:24.38M 80`0"
Roof:Asphalt Shingle
Zoning:RRA (Rainbow Avenue Distr
Construction:Wood Frame, Wood Siding
Parking Total:4
ROOM DIMENSIONS


Community Features: Golf, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Inclusions: N/A
Lot Features: Back Lane, Cleared, Few Trees, Front Yard, Landscaped, Level, Low Maintenance Landscape, Private, Rectangular Lot, Views
Parking Features: Alley Access, Driveway, Enclosed, Secured, Single Garage Detached
Patio And Porch Features: Deck



Courtesy: MaxWell Capital Realty


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FAQs about 125 Rainbow Avenue , Banff,
Alberta, T1L 1A1

125 Rainbow Avenue MLS® A2249719 has an approximate size of 1,009 Sq. Ft. located in Banff.

Nearby schools include read Schools & resources

There are 4 bedrooms and 2 bathrooms in this Residential listing at 125 Rainbow Avenue , MLS® A2249719.

This Residential listings is priced at $1,845,000.

This property is located at 125 Rainbow Avenue , Banff, Alberta, T1L 1A1 in the Banff community on the market for 79 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Banff community resources page.