$1,895,000 | NONE Banff Detached for Sale at 125 Rainbow Avenue Banff

Explore 125 Rainbow Avenue, a Desirable NONE home for sale for $1,895,000! This NONE Bi-Level Detached for sale in Banff has been listed on Real-Estate.ca for 52 days under MLS® #A2249719. This home is a 1,009 square foot Bi-Level Single Family Detached built in 1955 with 4 bedrooms and 2.00 bathrooms. Parking is Alley Access, Driveway, Single Garage Detached, Enclosed, Secured and it has a Finished, Full basement. Explore the Banff real estate market and available NONE homes for sale!

Prime Redevelopment Opportunity in the Heart of Banff Nestled 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.

NONE Map, Demographics, Characteristics