425 Muskrat St
Banff, AB T1L 1A1
For more information on this listing, contact us at: (587) 415-0804
Active
$4,200,000
425 Muskrat St Banff, AB T1L 1A1
Residential Land
Property Type
0.58
Acres
Improvement District No. 09 (Banff)
County
An exceptional opportunity to acquire a rare vacant development property in the heart of Banff, Canada's first national park. Encompassing approximately 0.58 acres, this unique offering consists of two legal lots under one title, spanning the RBA and RNC Land Use Districts under the Town of Banff Land Use Bylaw. The RBA designation permits apartment, multiplex, and fourplex housing, while the RNC designation permits duplex, triplex, fourplex, and multiplex housing, subject to all applicable bylaws, development permit approval, and municipal requirements. Ideally situated, the property captures spectacular views of Cascade Mountain, Mount Norquay, Sulphur Mountain, and Tunnel Mountain, while remaining within walking distance of downtown Banff, schools, parks, trails, and everyday amenities. Opportunities to acquire a vacant infill development site of this size and caliber in Banff are exceptionally rare, making this a remarkable redevelopment opportunity in one of Canada's most sought-after mountain communities.
MLS® #
A2334650
Monthly Assoc. Fee
N/A
On Site
84 Days
Last Updated
8/11/2026
Location
Contact Agent
Elevate Realty Group
(587) 415-0804Property Details
Community Information
Property Features
Lot Size
0.58 Acres
Zoning
RNC
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Listing Information Last Updated 8/11/2026
Listing provided courtesy of Heartland Real Estate.
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