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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

For more information on this listing or other please contact me.

Data was last updated 2026-08-11 at 13:55:07 GMT
$4,200,000

425 Muskrat Street   Banff, Alberta

MLS®: A2334650
URL:    
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.
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.

Listing Information

Prop. Type:
Residential Land
Status:
Active
City:
Banff
Neighbourhood:
NONE
Area:
Improvement District No. 09 (Banff)
Province:
Alberta
MLS® Number:
A2334650
Listing Price:
$4,200,000

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This property is listed by Heartland Real Estate 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.