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Lot/land
  • C$4,200,000

    425 Muskrat St, Banff, AB T1L 1H1

    --beds
    --baths
    0.58Acres
    Unimproved Land
    Built in ----
    0.58 Acres Lot
    $-- Zestimate®
    C$--/sqft
    C$-- HOA

    What's special

    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.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Allison Baird, Associate,

    Heartland Real Estate,

    Cameron Christianson, Broker,

    Heartland Real Estate

    Source: courtesy of Pillar9 System,MLS®#: A2334650MLS LogoOriginating MLS®#: Alberta West Realtors Association

      Facts & features

      Property

      Features
      • Fencing: None
      • Frontage length: 30.96M 101`7"
      Lot
      • Size: 0.58 Acres
      Details
      • Parcel number: 114125118
      • On leased land: Yes
      • Zoning: RNC

      Community & HOA

      Community
      • Subdivision: NONE
      HOA
      • Has HOA: No
      Location
      • Region: Banff

      Financial & listing details

      • Date on market: 8/11/2026
      • Inclusions: N/A

        Price history

        Price history is unavailable.

        Public tax history

        Tax history is unavailable.

        Climate risks

        Neighborhood: T1L

        Getting around

        75 / 100
        Very Walkable
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        No schools nearby

        We couldn't find any schools near this home.