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Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
P: 403-478-1400  F: 403-592-9201
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Listing Details

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Data was last updated 2026-01-21 at 08:35:04 GMT
$3,525,000

137 Muskrat Street   Banff, Alberta

MLS®: A2279199
URL:    
Positioned just moments from Banff Avenue, 137 Muskrat Street represents a scarce opportunity to acquire a fully licensed B&B Inn in one of Canada?s most tightly regulated resort markets. Operating as a whole-home accommodation, the property currently offers six guest rooms, with potential to expand to eight, complemented by a dedicated on-site manager?s suite?an operational advantage that supports both efficiency and long-term scalability.
Spanning approximately 4,036 sq. ft., the residence is thoughtfully configured to meet the expectations of today?s discerning travellers while maintaining the warmth and authenticity that define a successful Rocky Mountain inn. The home has been carefully maintained and professionally managed, benefiting directly from Banff?s resilient, year-round tourism economy driven by global leisure travel, outdoor recreation, and limited accommodation supply.
The location is a key differentiator. Guests enjoy walkable access to Banff?s shops, dining, and cultural amenities, while being quietly set on an established residential street?an increasingly rare balance in the town?s hospitality landscape. Proximity to trail networks and the broader Banff National Park further enhances its appeal to international and repeat visitors alike.
For investors, this is a turn-key hospitality asset in a market where new licenses are exceptionally difficult to obtain; this property being one of only eight. For owner-operators, it offers the rare ability to live and work in one of the world?s most recognizable mountain destinations. In a town defined by supply constraints and global demand, 137 Muskrat Street stands out as a compelling, income-producing real estate opportunity in the Banff market.
Positioned just moments from Banff Avenue, 137 Muskrat Street represents a scarce opportunity to acquire a fully licensed B&B Inn in one of Canada?s most tightly regulated resort markets. Operating as a whole-home accommodation, the property currently offers six guest rooms, with potential to expand to eight, complemented by a dedicated on-site manager?s suite?an operational advantage that supports both efficiency and long-term scalability. Spanning approximately 4,036 sq. ft., the residence is thoughtfully configured to meet the expectations of today?s discerning travellers while maintaining the warmth and authenticity that define a successful Rocky Mountain inn. The home has been carefully maintained and professionally managed, benefiting directly from Banff?s resilient, year-round tourism economy driven by global leisure travel, outdoor recreation, and limited accommodation supply. The location is a key differentiator. Guests enjoy walkable access to Banff?s shops, dining, and cultural amenities, while being quietly set on an established residential street?an increasingly rare balance in the town?s hospitality landscape. Proximity to trail networks and the broader Banff National Park further enhances its appeal to international and repeat visitors alike. For investors, this is a turn-key hospitality asset in a market where new licenses are exceptionally difficult to obtain; this property being one of only eight. For owner-operators, it offers the rare ability to live and work in one of the world?s most recognizable mountain destinations. In a town defined by supply constraints and global demand, 137 Muskrat Street stands out as a compelling, income-producing real estate opportunity in the Banff market.

Listing Information

Prop. Type:
Hotel/Motel (Commercial)
Status:
Active
City:
Banff
Neighbourhood:
NONE
Area:
Improvement District No. 09 (Banff)
Province:
Alberta
MLS® Number:
A2279199
Listing Price:
$3,525,000

General Information

Year Built:
1908

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This property is listed by Sotheby's International Realty Canada and provided here courtesy of Mr Channi Toor. For more information or to schedule a viewing please contact Mr Channi Toor.
Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
Phone: 403-478-1400
Mobile Phone: 403-478-1400
Inquire Via Email
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Channi Toor

Having watched and participated in the growth of the Calgary area for many years now, I?ve developed unique knowledge of its communities and hidden treasures as well as an intuitive feel for its real estate market.

I take professional and personal pride in keeping my clients abreast of market trends, news and have in-depth knowledge of the subtleties of purchasing and selling real estate in Calgary.

Contact Me today and begin your Calgary real estate experience. I look forward to serving you.