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$4,200,000
Alberta,Banff
For Sale Active
425 Muskrat, Banff, Alberta T1L1A1
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Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: A2334650
  • Price: $4,200,000
  • Status: Active
  • Office Name: Heartland Real Estate
  • Property Sub Type: Vacant Land
  • Office Key: 289372
Features & Appliances
Features
  • Fence: Not fenced
Address Map
  • Location: CA, Alberta, Banff, T1L1A1
  • Street: Muskrat
  • Street Number: 425
  • Street Suffix: Street
  • Longitude: W116° 26' 5.8''
  • Latitude: N51° 10' 53.1''
Additional Information
  • Lot Size Dimensions: 0.58
Financial
  • Tax Annual Amount: 18879.33
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Listing updated: 2026-09-15 05:57:13
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Listing Information
  • List Agent Key: 2189131
  • List Office Key: 289372
  • Modification Timestamp: 2026-08-11T20:10:13Z
  • Originating System Name: Alberta West REALTORS® Association
  • Status Change Timestamp: 2026-08-11T20:08:18Z
Powered by REALTOR.ca
Listing updated: 2026-09-15 05:57:14
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