pillar/IMG-A2216319_1.jpg
5 days on Market

116 Otter #B, Banff, Alberta T1L 1A2

Semi-Detached
3 + 2
4 + 1
~1959.60 sqft
$1,580,000
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Semi-Detached
3 + 2
4 + 1
~1959.60 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$806/sqft

Est. Mortgage$6,785/mo

Tax Amount (2024)$5,194/yr

Days On Market5 days


Description

This rare, executive-quality 3-bedroom semi-detached home is nestled on a quiet street just three blocks from downtown Banff and mere steps from the Bow River and scenic trail systems. With over $400,000 in high-end renovations and upgrades, this property is a standout in both design and functionality—and now features a legal 2-bedroom suite, offering built-in revenue potential to help offset your mortgage and assist with financing qualification. Perfectly designed for modern mountain living and entertaining, the home showcases a contemporary open-concept layout with two spacious living rooms. The main living area flows effortlessly off the large kitchen and dining space, while the upper living room boasts a vaulted hardwood ceiling, west-facing windows that flood the space with natural light, and a striking floor-to-ceiling Rundlestone wood-burning fireplace—the ideal spot to relax with a book or unwind after a day on the trails. The primary suite is a true retreat, featuring a walk-in closet, a luxurious 6-ft limestone steam shower, and in-suite laundry. Every detail in this home reflects craftsmanship and quality: custom walnut cabinetry, doors, and railings, Canadian white oak hardwood flooring, wool carpets, designer lighting, and top-of-the-line Bosch appliances—including a built-in coffee machine and sleek glass-covered refrigerator with a wine drawer. Fixtures are equally elevated, with Grohe taps, Kohler sinks, custom blinds, and silk drapes throughout. The newly legalized 2-bedroom basement suite includes a private entrance, full bathroom, kitchen, living space, and in-suite laundry—ideal for long-term tenants, family members, or guests. Whether you're looking for extra space or supplemental income, this suite offers unmatched flexibility and financial value in Banff’s competitive market. Additional features include a fully fenced yard, sun-drenched deck, two stone patios, and new roof shingles for peace of mind. This exceptional home combines luxury, location, and income potential—making it a rare opportunity in Banff’s real estate landscape.


Property Details

Style2 Storey Split,Attached-Front/Back
View-
Age of property1989
SqFt~1959.60 SqFt
Lot Size-
Parking Spaces3
MLS ®NumberA2216319
Community NameBanff
Data SourcePILLAR 9
Listing byRE/MAX Cascade Realty

Features

Heating: Boiler
Basement: Separate/Exterior Entry,Finished,Full

Main Floor

Kitchen

8`10" x 13`4"

Dining Room

11`4" x 20`3"

2pc Bathroom

4`11" x 4`11"

Living Room

18`2" x 16`2"


Features

Patio: Balcony(s)

Parking

Garage spaces 1

Garage type -

Other parking spaces 2

Total parking spaces 3


Property History

Apr 30, 2025
ListedActive
$1,580,000
5 days on market
history photo preview34
Listing by pillar 9®
Property listed by RE/MAX Cascade Realty, Brokerage
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Market Data - Banff

Geo Zone Map ThumbnailBanff

Strong Seller's Market

View Market Data

Semi-Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

29 days

Compared to

2024

0 day

2023

25 days

New Listings

Past 30 days

0 listing

Compared to

2024

1 listing

2023

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

0 unit

2023

1 unit

Median Sold Price

Past 30 days

$1,560,000

Compared to

2023

$782,000


Population and Demographics

Overview

Total population 6929
Average household income $112,947

Age (%)

20 to 34
33%
35 to 49
23%
50 to 64
18%
0 to 19
14%
65 and plus
12%

Household composition (%)

Single family
54%
Single person
32%
Multi person
13%
Multi family
1%

Mother tongue (%)

English
75%
French
9%
Tagalog (Pilipino, Filipino)
6%
Japanese
5%
Others
3%
Spanish
1%

House tenancy (%)

Renters
59%
Owners
41%

Schools and amenities

Estimated Budget