425 Muskrat St, Banff Property Listing: MLS® #C4200713

Located on a high point along Muskrat Street with views overlooking the iconic Banff Avenue and mountains to the west, this parcel presents a very unique development opportunity in Canada’s first National Park. The lot rises up from Muskrat Street and then descends down to Beaver Street. Currently the parcel is one lot that is 25,360 ± sqft with an RNC land use with permitted uses of duplex, triplex and fourplex housing. The opportunity exists to subdivide the lot into three parcels. One 6,383± sqft and a second 7,072± sqft RNC lot on Muskrat Street. The third lot would be 11,095± on Beaver Street within the RBA district allowing apartment and fourplex housing. An incredible opportunity with development, subdivision or buy and hold opportunity. The homes on Muskrat would have commanding views of Cascade, Norquay, Tunnel, Sulphur and up towards Minnewanka. An apartment building on Beaver would be walking distance to the amenities on Banff Avenue while set back in a quiet location.

425 Muskrat St, Banff Property Listing: MLS® #C4200713 Close
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  • Price$2,940,000
  • Acres0.58

425 Muskrat St, Banff

Property for sale in None, Banff

Located on a high point along Muskrat Street with views overlooking the iconic Banff Avenue and mountains to the west, this parcel presents a very unique development opportunity in Canada’s first National Park. The lot rises up from Muskrat Street and then descends down to Beaver Street. Currently the parcel is one lot that is 25,360 ± sqft with an RNC land use with permitted uses of duplex, triplex and fourplex housing. The opportunity exists to subdivide the lot into three parcels. One 6,383± sqft and a second 7,072± sqft RNC lot on Muskrat Street. The third lot would be 11,095± on Beaver Street within the RBA district allowing apartment and fourplex housing. An incredible opportunity with development, subdivision or buy and hold opportunity. The homes on Muskrat would have commanding views of Cascade, Norquay, Tunnel, Sulphur and up towards Minnewanka. An apartment building on Beaver would be walking distance to the amenities on Banff Avenue while set back in a quiet location.

Essential Information

  • MLS® #C4200713
  • Price$2,940,000
  • Bathrooms0.00
  • Acres0.58
  • TypeLand
  • StatusActive

Exterior

  • Exterior FeaturesTreed Lot, View, View Mountain

Additional Information

  • Days on Market434

Community Information

  • Address425 Muskrat St
  • AreaBanff
  • SubdivisionNone
  • CityBanff
  • ProvinceAlberta
  • Postal CodeT1L 1H1

School Information

  • DistrictCanadian Rockies

Listing Details

  • Listing OfficeSotheby's International Realty Canada

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Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.

Listing information last updated on October 18th, 2019 at 8:00am MDT.