124 A Spray Avenue
Banff, Alberta
MLS® A2358047
$1,779,750
- Status
- Active
- Property type
- Vacant land
- MLS® number
- A2358047
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 3Listing description
Rare development opportunity in the heart of Banff! Welcome to 124A Spray Avenue, offering approximately 8,972 sq. ft.
(833. 55 m²) of residential land in one of Canada's most desirable mountain communities. Located in the RSA (Spray Avenue) District, the property benefits from updated land use regulations supporting increased residential density.
The zoning allows multiplex housing and provides opportunities for apartment-style development, with a maximum Floor Area Ratio (FAR) of 1. 0 for qualifying projects. With development land in Banff exceptionally limited, this is an exciting opportunity for builders and investors looking to create a residential project in the Canadian Rockies.
Artist's renderings are conceptual examples only. Building design, unit count and development potential are subject to applicable bylaws and required approvals. Buyers to conduct their own due diligence.
Property summary
- MLS® number
- A2358047
- Property type
- Vacant Land
- Title
- Leasehold
- Land size
- 833.55 square meters
- Annual property taxes
- $27,240.00
- Days on market
- 1 day
What would this home cost you?
Based on the $1,779,750 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of eXp Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.