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 zoned for various discretionary uses, including bed & breakfast, home occupation, fourplex, and more, making it a versatile investment.
Address |
412 Cougar Street |
List Price |
$2,300,000 |
Property Type |
Residential |
Type of Dwelling |
Detached |
Style of Home |
1 and Half Storey |
Area |
Banff |
Sub-Area |
Other |
Bedrooms |
5 |
Bathrooms |
4 |
Floor Area |
4,475 Sq. Ft. |
Lot Size |
8429 Sq. Ft. |
Year Built |
2011 |
MLS® Number |
A2078403 |
Listing Brokerage |
ROYAL LEPAGE SOLUTIONS
|
Basement Area |
Partial, Partially Finished |
Postal Code |
T1L1A1 |
Zoning |
RSC-R4 |
Site Influences |
Front Yard, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Sidewalks |