425 Muskrat St, Banff

$2,650,000

0 Beds
0 Baths
.58 Acres
0 Garages

Located on a high point along Muskrat Street, 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 Ave while set back in a quiet location. Banff has a finite development area and there are very few parcels of this size left. Subject to GST

Essential Information
MLS® #C4274485
Price$2,650,000
Bathrooms0.00
Acres0.58
TypeLand
StatusActive
Community Information
Address425 Muskrat St
AreaBanff
SubdivisionNone
CityBanff
ProvinceAlberta
Postal CodeT1L 1H1
Exterior
Exterior FeaturesTreed Lot, View, View Mountain
School Information
DistrictCanadian Rockies
Additional Information
Days on Market156
Office

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Listing information last updated on April 7th, 2020 at 11:00pm MDT.