pillar/IMG-A2231289_1.jpg
55 days on Market

140 Kootenay Ave, Banff, Alberta T1L 1E3

Detached
5 + 1
3
~1984.00 sqft
$1,790,000
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Detached
5 + 1
3
~1984.00 sqft

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Highlights

Property Estimate

Days on market55 days

Estimated valueNot available

Price/Sqft$902/sqft

Monthly cost

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Description

Prime Investment Opportunity in Banff - Exceptional Redevelopment Potential. This character home offers a rare combination of potential significant future development and rental income. Situated on a beautifully landscaped corner lot just under 12000 sq. ft. in one of Banff's most sought-after locations can't go unnoticed. The southern exposure affords views of the famous Banff Springs Hotel and the iconic Mt. Rundle. Currently configured as a six-bedroom home with multiple living spaces, a double-attached garage, and a sprawling landscaped yard, this residence provides steady rental potential while plans for redevelopment take shape. Whether you are considering multi-unit residential redevelopment or renovating or building your dream home this property is positioned for strong future value and growth. An unparalleled chance to secure a high-value property in one of Canada's most iconic mountain destinations. Invest now and capitalize on Banff's evolving real estate landscape.


Property Details

Style2 Storey
View-
Age of property1952
SqFt~1984.00 SqFt
Lot Size-
Parking Spaces6
MLS ®NumberA2231289
Community NameBanff
Data SourcePILLAR 9
Listing byColdwell Banker Lifestyle

Features

Heating: Fireplace(s),Forced Air,Natural Gas,Wood
Basement: Finished,Full

Main Floor

Living Room

25`7" x 16`0"

Bedroom - Primary

12`6" x 12`0"

3pc Ensuite bath

6`11" x 6`9"

Kitchen

12`3" x 10`0"


Features

Patio: Deck,Patio

Parking

Garage spaces 2

Garage type -

Other parking spaces 4

Total parking spaces 6


Property History

Jun 14, 2025
ListedActive
$1,790,000
55 days on market
history photo preview21
Listing by pillar 9®
Property listed by Coldwell Banker Lifestyle, Brokerage
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Market Data - Banff

Geo Zone Map ThumbnailBanff

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

293 days

Compared to

2024

115 days

2023

136 days

2022

16 days

New Listings

Past 30 days

0 listing

Compared to

2024

2 listings

2023

0 listing

2022

1 listing

Units sold

Past 30 days

1 unit

Compared to

2024

2 units

2023

2 units

2022

1 unit

Median Sold Price

Past 30 days

$1,500,000

Compared to

2024

$1,500,000

2023

$1,512,500

2022

$1,350,000


Population and Demographics

Overview

Total population 6929
Average household income $112,947

Age (%)

0 to 19
14%
20 to 34
33%
35 to 49
23%
50 to 64
18%
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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget