House
Year Built: 1955
Area: 1009 sqft
Bedrooms: 4
Bathrooms: 2
Car Parking: 4
125 Rainbow Avenue Banff, Alberta T1L 1A1
$1,750,000
Description
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:51913)
Property Details
| Amenities Near By : Golf Course, Playground, Schools, Shopping |
| Community Features : Golf Course Development |
| Features : Back Lane, Level |
| Parking Space Total : 4 |
| Plan : 1926hh |
| Structure : Deck |
| View Type : View |
| MLS® Number : A2249719 |
| Property Type : Single Family |
Building
| Bathroom Total : 2 |
| Bedrooms Above Ground : 3 |
| Bedrooms Below Ground : 1 |
| Bedrooms Total : 4 |
| Appliances : Refrigerator, Oven - Electric, Range - Electric, Stove, Washer & Dryer |
| Architectural Style : Bi-level |
| Basement Development : Finished |
| Basement Type : Full (finished) |
| Constructed Date : 1955 |
| Construction Material : Wood Frame |
| Construction Style Attachment : Detached |
| Cooling Type : None |
| Exterior Finish : Wood Siding |
| Flooring Type : Carpeted, Laminate, Tile |
| Foundation Type : Poured Concrete |
| Heating Fuel : Natural Gas |
| Heating Type : Forced Air |
| Size Interior : 1009 Sqft |
| Total Finished Area : 1008.93 Sqft |
| Type : House |
Land
| Size Total : 913.6 M2|7,251 - 10,889 Sqft |
| Size Total Text : 913.6 M2|7,251 - 10,889 Sqft |
| Size Frontage : 24.38 M |
| Acreage : No |
| Land Amenities : Golf Course, Playground, Schools, Shopping |
| Fence Type : Partially Fenced |
| Land Disposition : Cleared |
| Landscape Features : Landscaped |
| Size Depth : 37.34 M |
| Size Irregular : 913.60 |
| Zoning Description : Rra (rainbow Avenue District) |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Lower Level | 3pc Bathroom | .00 Ft x .00 Ft |
| Lower Level | Living Room | 22.75 Ft x 20.00 Ft |
| Lower Level | Bedroom | 10.67 Ft x 10.67 Ft |
| Lower Level | Dining Room | 10.58 Ft x 8.83 Ft |
| Lower Level | Kitchen | 11.25 Ft x 9.33 Ft |
| Lower Level | Laundry Room | 6.75 Ft x 17.58 Ft |
| Lower Level | Furnace | 4.58 Ft x 8.00 Ft |
| Main Level | 4pc Bathroom | 8.00 Ft x 4.92 Ft |
| Main Level | Bedroom | 8.00 Ft x 11.25 Ft |
| Main Level | Bedroom | 11.42 Ft x 7.92 Ft |
| Main Level | Dining Room | 8.00 Ft x 10.25 Ft |
| Main Level | Kitchen | 11.33 Ft x 13.67 Ft |
| Main Level | Living Room | 11.83 Ft x 22.58 Ft |
| Main Level | Primary Bedroom | 11.42 Ft x 9.92 Ft |
| Main Level | Storage | 3.42 Ft x 6.83 Ft |
Map
Agents and Offices
- Jonas J. Gordon
- Yannis Soukas
- Office: Maxwell Capital Realty
