$4,200,000
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425 Muskrat Street, Banff, AB T1L 1A1

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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.

Listing By: Allison Baird - Heartland Real Estate cnpilar Realty.com
  • MLS® A2334650
  • Date Listed08/10/2026
  • Days on Realty 48 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.58 acres (25,264 sq. ft)
  • Subdivision NONE
  • County Improvement District No. 09 (Banff)

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.58
  • Lot Size SQFT 25,264.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T1L 1A1

Discover key demographics, population statistics, and environmental insights for the Banff, AB area.

Walkability in AB / T1L 1A1

Source: Walk Score

89/100

Very Walkable

Walk Score ®

44/100

Some Transit

Transit Score ®

91/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

7 nearby routes: 7 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 19/100, Bike Score: 52/100.

Points of Interest near 425 Muskrat Street, Banff, AB T1L 1A1

Frequently Asked Questions for 425 Muskrat Street

Source: Realty.com

425 Muskrat Street, Banff, AB T1L 1A1 in NONE, Banff, AB T1L 1A1 is a residential land listed at $4,200,000. Highlights include 0.58 acre lot. Realty.ca has 1 photos, sales history, school insights, and mortgage tools for this listing.

The full address for this home is 425 Muskrat Street, Banff, AB T1L 1A1.

425 Muskrat Street has been listed on Realty.com since Mon August 10, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 38/100, Transit Score: 19/100, Bike Score: 52/100.

Listing provided courtesy of: Heartland Real Estate (tel: 403-334-9000)
Listing agent: Allison Baird

This content last refreshed on 2026-09-27 14:56:01. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.