pillar/IMG-A2231289_1.jpg
11 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

Estimated ValueNot available

Price/Sqft$902/sqft

Est. Mortgage$7,687/mo

Tax Amount (2025)$7,503/yr

Days On Market11 days


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
11 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

319 days

Compared to

2024

61 days

2023

0 day

New Listings

Past 30 days

2 listings

Compared to

2024

3 listings

2023

3 listings

Units sold

Past 30 days

1 unit

Compared to

2024

1 unit

2023

0 unit

Median Sold Price

Past 30 days

$2,200,000

Compared to

2024

$1,400,000


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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget