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.
For sale
C$2,300,000
412 N Cougar St, Banff, AB T1L 0A1
5beds
2,032sqft
Single Family Residence
Built in 1917
8,276.4 Square Feet Lot
$-- Zestimate®
C$1,132/sqft
C$-- HOA
What's special
Serene banff streetSizable legal suiteIllegal basement suiteAttached garageLarge workshop
- 15 days
- on Zillow |
- 103 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 06:05am
Listed by:
Dean Cooper, Associate,
Royal Lepage Solutions,
Luke Holland, Associate,
Royal Lepage Solutions
Source: courtesy of Pillar9 System,MLS®#: A2209880
Originating MLS®#: Alberta West Realtors Association

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Other
- Level: Main
- Dimensions: 13`9" x 10`9"
Bedroom
- Level: Main
- Dimensions: 10`2" x 12`11"
Bedroom
- Level: Lower
- Dimensions: 8`10" x 11`4"
Bedroom
- Level: Main
- Dimensions: 11`7" x 8`3"
Other
- Level: Second
- Dimensions: 13`7" x 15`9"
Other
- Level: Lower
- Dimensions: 5`4" x 7`9"
Other
- Level: Main
- Dimensions: 10`1" x 6`11"
Other
- Level: Main
- Dimensions: 10`3" x 5`0"
Other
- Level: Second
- Dimensions: 14`2" x 11`7"
Den
- Level: Lower
- Dimensions: 9`3" x 9`1"
Dining room
- Level: Main
- Dimensions: 16`8" x 8`11"
Dining room
- Level: Main
- Dimensions: 9`0" x 7`2"
Eat in kitchen
- Level: Main
- Dimensions: 13`9" x 18`4"
Other
- Level: Lower
- Dimensions: 12`1" x 3`10"
Game room
- Level: Lower
- Dimensions: 20`11" x 9`1"
Kitchen
- Level: Lower
- Dimensions: 11`5" x 11`0"
Kitchen
- Level: Main
- Dimensions: 11`10" x 8`2"
Laundry
- Level: Second
- Dimensions: 9`2" x 5`9"
Living room
- Level: Main
- Dimensions: 19`2" x 20`1"
Living room
- Level: Main
- Dimensions: 18`7" x 20`4"
Loft
- Level: Second
- Dimensions: 13`5" x 15`8"
Loft
- Level: Upper
- Dimensions: 35`10" x 14`7"
Storage
- Level: Upper
- Dimensions: 12`0" x 6`5"
Heating
- Floor Furnace, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Electric Oven, Gas Cooktop, Refrigerator, Washer/Dryer
- Laundry: In Unit
Features
- Kitchen Island, Soaking Tub, Vaulted Ceiling(s)
- Flooring: Other, Tile, Wood
- Basement: Partial,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total interior livable area: 2,032 sqft
- Finished area above ground: 1,200
- Finished area below ground: 913
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Single Garage Attached
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: One and One Half,1 and Half Storey
- Stories: 1.5
- Patio & porch: None
- Exterior features: Private Yard
- Fencing: Partial
- Frontage length: 21.99M 72`2"
Lot
- Size: 8,276.4 Square Feet
- Features: Front Yard
Details
- Parcel number: 92268530
- On leased land: Yes
- Zoning: RCR
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Mixed
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1917
Community & HOA
Community
- Features: Park, Sidewalks
- Subdivision: NONE
HOA
- Has HOA: No
Location
- Region: Banff
Financial & listing details
- Price per square foot: C$1,132/sqft
- Date on market: 4/11/2025
- Inclusions: N/A
- Loading