Browse listings

115 Spray Avenue, Banff

$4,150,000

About this property

Mid-century modern architecture meets contemporary mountain living, framed by the extraordinary landscape of Banff National Park. Set on an expansive 15,521-square-foot lot in the heart of Banff, 115 Spray Avenue combines the clean lines of mid-century modern architecture with warm, thoughtfully updated interiors. Offering over 4,800 square feet of living space, panoramic mountain views and an exceptional connection to the outdoors, this distinctive residence captures the essence of refined alpine living. From the street, the home's modernist silhouette makes a striking statement. Inside, contemporary sophistication meets the inviting character of a mountain retreat, creating spaces equally suited to quiet mornings, family gatherings and entertaining. The main level centres around a welcoming living room and spacious dining area. A luxurious kitchen anchors the home, complemented by a generous pantry and practical mudroom designed for an active mountain lifestyle. The primary suite offers a private sanctuary with a spa-inspired ensuite and walk-in closet, bringing comfort and convenience to everyday living. Above, five additional bedrooms offer flexibility for family and guests. The defining feature is an expansive balcony capturing breathtaking 360-degree views of Mount Rundle, Cascade Mountain, Sulphur Mountain and Mount Norquay. The surrounding peaks create an ever-changing panorama, connecting the architecture to its remarkable natural setting. The lower level provides additional versatility with an existing non-conforming, illegal two-bedroom suite, along with dedicated laundry facilities and substantial storage. Outdoors, the gently sloping lot elevates the home's position and enhances its mountain views. A fenced rear garden creates a private oasis, complete with hot tub and fire pit for evenings beneath the stars and après-ski gatherings. Beyond the property, Banff offers an extraordinary lifestyle. Morning walks along the Bow River, afternoons skiing, hiking or cycling, and evenings enjoying the town's restaurants and cultural offerings become part of everyday life. Here, the distinction between a mountain holiday and home begins to disappear. An Exceptional Landholding with Future Development Potential The property's substantial 15,521-square-foot lot carries RSA: Spray Avenue District zoning, established to accommodate the eventual redevelopment of single-detached properties into medium-density residential housing. This designation offers compelling long-term possibilities, with triplex, fourplex and multiplex housing identified as permitted uses, while apartment housing and other residential configurations may be considered as discretionary uses, subject to applicable regulations and approvals. In a community where developable land is exceptionally limited, this property presents a rare combination of immediate residential enjoyment and future redevelopment potential.

Essential information

MLS® number
A2351634
Status
Active
Price
$4,150,000
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
Short Term Rentals Not Allowed
Bedrooms
8
Bathrooms
4 full, 1 half
Living area
3,049 sq ft
Lot size
15,521 sq ft
Year built
1964
Structure
House
Style
3 (or more) Storey
Levels
Three Or More
Listing brokerage
Sotheby's International Realty Canada
Source
Pillar 9™ MLS® System

Interior

Heating
In Floor, Forced Air
Flooring
Carpet, Hardwood, Tile
Appliances
Dishwasher, Dryer, Oven-Built-In, Range, Refrigerator, Washer, Window Coverings, Wine Refrigerator
Features
Beamed Ceilings, Closet Organizers, Double Vanity, Jetted Tub, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
Fireplaces
2
Fireplace
Brick Facing, Living Room, Mantle, Other, Raised Hearth, Wood Burning
Laundry
Laundry Room, Lower Level
Basement
Full
Basement development
Partially Finished
Included
2nd Refrigerator, 2nd Dishwasher, 2nd Washer, 2nd Dryer

Exterior and construction

Features
Balcony, Private Yard
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Lawn, Private, Rectangular Lot, Sloped, Views
Frontage
30.00M 98`5"
Zoning
RSA

Parking

Total parking
4
Features
Drive Through, Driveway, Off Street, Unassigned

Community

City
Banff
Province
AB
Postal code
T1L 1H1
Features
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Where it is

Loading map…

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

View virtual tour

Mortgage calculator

Canadian semi-annual compounding, and the CMHC premium included where it applies — both of which most calculators get wrong.

Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.

The purchase

$
%
%
yrs

Everything else

$
$
$
Monthly, all in—
Down payment
—
CMHC insurance added to the loan
—
Mortgage amount
—
Mortgage payment monthly
—
Property tax monthly
—
Condo fee and utilities monthly
—
Total interest over the full amortization
—

—

An estimate, not a mortgage quote and not financial advice. Your rate, your amortization and whether you qualify at all are a lender’s decision. Nothing typed here is sent anywhere or saved.

Tell me when another one comes up

Leave your details and Satyam will let you know as soon as a new listing in homes 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 homes comes up.

Similar properties to MLS® #A2351634

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

Call WhatsApp Email Instagram