Rare development opportunity in the heart of Banff! Welcome to 124A Spray Avenue, offering approximately 8,972 sq. ft. (833.55 m²) of residential land in one of Canada's most desirable mountain communities.Located in the RSA (Spray Avenue) District, the property benefits from updated land use regulations supporting increased residential density. The zoning allows multiplex housing and provides opportunities for apartment-style development, with a maximum Floor Area Ratio (FAR) of 1.0 for qualifying projects.With development land in Banff exceptionally limited, this is an exciting opportunity for builders and investors looking to create a residential project in the Canadian Rockies.Artist's renderings are conceptual examples only. Building design, unit count and development potential are subject to applicable bylaws and required approvals. Buyers to conduct their own due diligence. (id:52806)
| MLS® Number | A2358047 |
| Property Type | Vacant Land |
| Plan | 6431jk |
| Age | Age Is Unknown |
| Acreage | No |
| Fence Type | Not Fenced |
| Size Irregular | 833.55 |
| Size Total | 833.55 M2|7,251 - 10,889 Sqft |
| Size Total Text | 833.55 M2|7,251 - 10,889 Sqft |
| Zoning Description | Rsa |
https://www.realtor.ca/real-estate/30510824/124-a-spray-avenue-banff
Contact us for more information
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
