Browse listings

425 Muskrat Street, Banff

$4,200,000

About this property

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.

Essential information

MLS® number
A2334650
Status
Active
Price
$4,200,000
Property type
Land
Type
Residential Land
Transaction
For Sale
Restrictions
None Known
Lot size
25,264 sq ft
Listing brokerage
Heartland Real Estate
Source
Pillar 9™ MLS® System

Exterior and construction

Frontage
30.96M 101`7"
Zoning
RNC

Community

City
Banff
Province
AB
Postal code
T1L 1A1

Where it is

Loading map…

Approximate location, plotted from the listing’s own coordinates.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in land in Banff reaches the market — often before it is advertised anywhere else.

We’ll email you once to confirm. No account, nothing to log in to, and the listings stay open to everyone either way.

✓

You are on the list.

You will hear the moment a new listing in land comes up.

Similar properties to MLS® #A2334650

MLS® data last updated Nov 8, 2026, 1:10 a.m. (Mountain Time).

Call WhatsApp Email Instagram