$4,200,000
Est. payment /mo
0.58 Acres Lot
Active
425 Muskrat ST Banff, AB T1L 1A1
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Key Details
Property Type Vacant Land
Sub Type Residential Land
Listing Status Active
Purchase Type For Sale
MLS® Listing ID A2334650
Annual Tax Amount $18,879
Tax Year 2026
Lot Size 0.580 Acres
Acres 0.58
Property Sub-Type Residential Land
Source Alberta West Realtors Association
Property Description
An exceptional opportunity to acquire a rare vacant development property in the heart of Banff, Canada's first national park. Encompassing approximately 0.58 acres, this unique offering consists of two legal lots under one title, spanning the RBA and RNC Land Use Districts under the Town of Banff Land Use Bylaw. The RBA designation permits apartment, multiplex, and fourplex housing, while the RNC designation permits duplex, triplex, fourplex, and multiplex housing, subject to all applicable bylaws, development permit approval, and municipal requirements. Ideally situated, the property captures spectacular views of Cascade Mountain, Mount Norquay, Sulphur Mountain, and Tunnel Mountain, while remaining within walking distance of downtown Banff, schools, parks, trails, and everyday amenities. Opportunities to acquire a vacant infill development site of this size and caliber in Banff are exceptionally rare, making this a remarkable redevelopment opportunity in one of Canada's most sought-after mountain communities.
Location
Province AB
County Improvement District No. 09 (banff)
Zoning RNC
Exterior
Fence None
Lot Frontage 101.58
Others
Restrictions None Known
Tax ID 114125118
Ownership Private
Listed by Heartland Real Estate
Nearby Locations
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