Sotheby's Calgary Office Listings

Main Photo: 425 Muskrat Street: Banff Land for sale : MLS®# C4295986
Photo 1: 425 Muskrat Street: Banff Land for sale : MLS®# C4295986
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Status:
Active
Prop. Type:
Land
MLS® Num:
C4295986
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. Price subject to GST.
Property Type:
Land
Condo Type:
Not a Condo
Taxes:
$12,010.11 / 2019
Lot Area:
0.58 acre(s)
Lot Frontage:
101'7"
Lot Depth:
234'9"
Lot Shape:
Other
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
1210HU
Water Supply:
Municipal
Garage:
0
Title to Land:
Leasehold
Restrictions:
None Known
Treed Lot, View, View Mountain
Private
Possession:
Negotiable
School District:
Canadian Rockies
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Listed by Christopher Vincent and Laura Wright of SOTHEBY'S INTERNATIONAL REALTY CANADA
Data was last updated June 4, 2020 at 12:05 PM (UTC)
STEVEN HILL - Associate Broker
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.