425 Muskrat St

Banff, AB T1L 1H1 View Map $2,650,000 Schedule a Tour
Acres0.58
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Status: Active
Property Type:Vacant Lot
MLS ® #:C4295986
On Site:85 Days
Lot Size:0.58 Acres
County:Improvement District No. 09 (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. Price subject to GST.

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Loan and interest only. Taxes and insurance not included.

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Community Information

Address:425 Muskrat St Banff, AB T1L 1H1
City:Banff
Postal Code:T1L 1H1

Property Features

Lot Size: 0.58 Acres
Lot Features: Irregular Lot, Treed, Views
Zoning:RCM

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425 Muskrat St Banff, AB T1L 1H1
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425 Muskrat St Banff, AB T1L 1H1
 
ASAP
Tue
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Aug
Thu
6
Aug
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Aug
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Listing Information Last Updated 8/3/2020
Listing provided courtesy of Sotheby's International Realty Canada.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data supplied by CREB®'s MLS® System. Data is deemed reliable but is not guaranteed accurate by CREB®.