125 Rainbow Avenue, Banff

2025-08-19
 

Quick Summary

Location
125 Rainbow Avenue, Banff, Alberta T1L1A1
Price
$1,895,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
1009 sqft
Bedrooms:
3 bed +1
Bathrooms:
2
Year of Construction:
1955
Video Link:

MLS®#A2249719

Property Description

Prime Redevelopment Opportunity in the Heart of BanffNestled on a spacious 9,834 sq. ft. lot with breathtaking views towards the surrounding mountain vistas, this property offers a rare chance to secure a revenue-generating holding property with exceptional future potential.Currently improved with a well-maintained 1955-built home and a detached garage, the site produces steady rental income while you plan your next steps. The permitted zoning allows for up to an 8-plex development, and discretionary use provides the possibility for an apartment complex, subject to town planning approval.With convenient alley access—a valuable advantage for residents, guests, or construction access—this lot is well-positioned for a thoughtful multi-family build in one of Canada’s most sought-after mountain communities.Whether you’re planning your dream build, an investor looking to hold and generate income or a developer ready to bring new housing to the heart of Banff, opportunities like this are rare. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Golf Course, Playground, Schools, Shopping

Building

  • Appliances: Refrigerator, Oven - Electric, Range - Electric, Stove, Washer & Dryer
  • Architectural Style: Bi-level
  • Basement Development: Finished
  • Basement Type: Full (Finished)
  • Construction Style: Detached
  • Cooling Type: None
  • Exterior Finish: Wood siding
  • Fireplace: No
  • Flooring Type: Carpeted, Laminate, Tile
  • Interior Size: 1009 sqft
  • Building Type: House

Features

  • Feature: Back lane, Level

Land

  • Land Size: 913.6 m2|7,251 - 10,889 sqft

Ownership

  • Type: Leasehold

Structure

  • Structure: Deck

Zoning

  • Description: RRA (Rainbow Avenue District)

Information entered by MaxWell Capital Realty
Listing information last updated on: 2025-08-19 01:01:21


Book your free home evaluation with a 1% REALTOR® now!


How much could you save in commission selling with One Percent Realty?

Slide to select your home's price:

$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.

One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

Q
What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

Q
Are your listings on MLS® and realtor.ca?

Yes, and yes.


Learn more about the One Percent Realty Deal