125 Rainbow Avenue, Banff

Bi-Level Detached Home for Sale

125 Rainbow Avenue, Banff, MLS® # A2249719
  • MLS®#: A2249719
  • Price: $1,895,000
  • Bedrooms: 4
  • Bathrooms: 2(full) 0(half)
  • Parking: 4
  • Status: Active
  • Year Built: 1955
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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.

Contact Tessa Corley-Rae & Maria Corley About MLS® A2249719

Required Field

Tessa Corley-Rae & Maria Corley , 403.478.1232 at Real Estate Professionals Inc., 202, 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1

property information

  • Property Type: Detached Home
  • MLS®#: A2249719
  • Style: Bi-Level
  • Year Built: 1955
  • Lot Shape: Back Lane,Cleared,Few Trees,Front Yard,Landscaped,Level,Low Maintenance Landscape,Private,Rectangular Lot,Views
  • Total Floor Area: 1,009 sq.ft
  • Restrictions: Short Term Rentals Not Allowed
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Community Information

  • Address: 125 Rainbow Avenue
  • Neighbourhood: Banff
  • City: Banff
  • Postal Code: T1L 1A1
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interior

  • Included: N/A
  • Bedrooms: 4 (Bedrooms Above: 3)
  • Bathrooms: Full: 2
  • Rooms Above Grade: 6
  • Fireplace Details: For Sale
  • Basement: Finished, Full, Finished, Full
  • Floor Finish: Carpet, Laminate, Tile
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exterior

  • Exterior Features: Back Lane, Cleared, Few Trees, Front Yard, Landscaped, Level, Low Maintenance Landscape, Private, Rectangular Lot, Views
  • Exterior Finish: Wood Frame, Wood Siding
  • Construction: Wood Frame,Wood Siding
  • Roof: Asphalt Shingle
  • Front Exposure: S
  • Frontage: 24.38M 80`0" metres
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services & amenities

  • Parking: Alley Access, Driveway, Enclosed, Secured, Single Garage Detached (4 Total Parking Spaces)
  • Heating: Forced Air,Natural Gas
  • Heating: Forced Air, Natural Gas
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$1,895,000

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Listing Courtesy of
MaxWell Capital Realty
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.