
$2,300,000
193 days on hômm
412 Cougar Street
Banff, Alberta T1L1A1
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Description
This property, situated on a serene Banff street, is a rare investment opportunity. It has been handed down through generations and comprises two separate homes on the site. There is the original home along with a large newer addition offering a sizable legal suite, an illegal basement suite, attached garage, a large workshop and including a new outdoor covered hot tub. With the current layout, the property generates substantial income, and if the existing construction does not meet your requirements, it presents an excellent opportunity for redevelopment. The location is ideal, just two blocks from Banff Ave., and within walking distance of both the Elementary and High Schools. Additionally, the property is ripe for development, with permitted uses for apartment housing, fourplex, multiplex, and more. Discretionary uses include home occupation types 1 &2, duplex and more, making it a versatile investment. (id:39198)
Included with Sale
Basement
Partially finished, Partial
Parking
2 Parking
Heating
Natural gas, Other
Cooling
None
Financial Information
$11,168/year (2025)
Rooms (23)
Main level
Second level
Location
MLS® #: A2264167
Listing provided by DEAN COOPER
Brokerage: Royal LePage Solutions
Photos: 32 images
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Trademarks are owned or controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®, REALTORS®) and/or the quality of services they provide (MLS®, Multiple Listing Service®).
Mortgage values are calculated by hômm and are provided for estimate purposes only.
The hômm Estimate is calculated by instantestimate.house and is provided as a general estimate only.
Listing information last updated on March 17, 2026 at 8:28 am MDT