$2,940,000.00 0 Sq.ft

425 Muskrat ST , Banff. T1L 1H1

Description

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.

Listing Information

Prop. Type:Land
Status:
MLS #:C4200713
City:Banff
Neighbourhood:None
Province:Alberta
Building/Unit Size: 0 sq.ft
Lot Size:0 sq.ft
Land Size:0.58 Acre
Listing Price:$2,940,000.00
Listing Price Arce:$5,049,810 per Acre
Lease Rate:$0.00 per sq.ft
Business Type:
Property Type:Land
Property Subtype:
Transaction Type:For Sale
Land Use Code:RCM
Listing Contract Date:2018-08-10

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "SOTHEBY'S INTERNATIONAL REALTY CANADA" listing brokerage.

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