216 & 218 Muskrat Street, Banff

$2,300,000

3 Beds
2 Baths
960 Sqft
0 Acres
0 Garages

Banff development site consisting of 2 adjacent down town lots both 40 x 130 with alley access. Permitted uses are apartment housing, (rental or condo), 4 plex + stacked row housing. The site is 10,441 sq ft and using a floor area ratio of 1.3 there is about 13,573 sq ft to develop. A renowned long time local designer who has detailed knowledge of this site could be a strong resource for any buyer interested. He estimates that 21 to 22 units would be attainable if one used the entire site while incorporating a parkade. We also have a concept that could keep the existing former Bankhead character home but that reduces the number of additional units that can be built. Ideal investment opportunity for you with the long-term strength of the Banff Rental market which could include staff accommodation, rental housing or condo development. Also listed under MLS#48228

Essential Information
Listing #48227
Price$2,300,000
Bedrooms3
Bathrooms2.00
Square Footage960
Year Built1926
TypeSingle Family
Sub-TypeFreehold
Community Information
Address216 & 218 Muskrat Street
CityBanff
ProvinceAlberta
Postal CodeT1L1A1
Amenities
ParkingNo Garage
Interior
HeatingForced air
FireplaceYes
# of Fireplaces1
# of Stories2
Exterior
ExteriorWood
Office

ROYAL LEPAGE ROCKY MOUNTAIN REALTY

Get directions to this property:

Sign up for email updates