Banff, AB T1L 1A2,116 Otter #B
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Banff, AB T1L 1A2,116 Otter #B
Banff, AB T1L 1A2,116 Otter #B
Banff, AB T1L 1A2,116 Otter #B
Banff, AB T1L 1A2,116 Otter #B
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$ 1,580,000
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116 Otter #B Banff, AB T1L 1A2

5 Beds

4 Baths

1,959 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Semi Detached (Half Duplex)

Listing Status Active

Purchase Type For Sale

Square Footage 1,959 sqft

Price per Sqft $806

MLS® Listing ID A2216319

Style 2 Storey Split,Attached-Front/Back

Bedrooms 5

Full Baths 3

Half Baths 1

Originating Board Alberta West Realtors Association

Year Built 1989

Annual Tax Amount $5,193

Tax Year 2024

Lot Size 2,868 Sqft

Acres 0.07

Property Sub-Type Semi Detached (Half Duplex)

Property Description

This rare, executive-quality 3-bedroom semi-detached home is nestled on a quiet street just three blocks from downtown Banff and mere steps from the Bow River and scenic trail systems. With over $400,000 in high-end renovations and upgrades, this property is a standout in both design and functionality—and now features a legal 2-bedroom suite, offering built-in revenue potential to help offset your mortgage and assist with financing qualification.

Perfectly designed for modern mountain living and entertaining, the home showcases a contemporary open-concept layout with two spacious living rooms. The main living area flows effortlessly off the large kitchen and dining space, while the upper living room boasts a vaulted hardwood ceiling, west-facing windows that flood the space with natural light, and a striking floor-to-ceiling Rundlestone wood-burning fireplace—the ideal spot to relax with a book or unwind after a day on the trails.

The primary suite is a true retreat, featuring a walk-in closet, a luxurious 6-ft limestone steam shower, and in-suite laundry. Every detail in this home reflects craftsmanship and quality: custom walnut cabinetry, doors, and railings, Canadian white oak hardwood flooring, wool carpets, designer lighting, and top-of-the-line Bosch appliances—including a built-in coffee machine and sleek glass-covered refrigerator with a wine drawer. Fixtures are equally elevated, with Grohe taps, Kohler sinks, custom blinds, and silk drapes throughout.

The newly legalized 2-bedroom basement suite includes a private entrance, full bathroom, kitchen, living space, and in-suite laundry—ideal for long-term tenants, family members, or guests. Whether you're looking for extra space or supplemental income, this suite offers unmatched flexibility and financial value in Banff's competitive market.

Additional features include a fully fenced yard, sun-drenched deck, two stone patios, and new roof shingles for peace of mind.

This exceptional home combines luxury, location, and income potential—making it a rare opportunity in Banff's real estate landscape.

Location

Province AB

County Improvement District No. 09 (banff)

Zoning RNC

Direction W

Rooms

Other Rooms 1

Basement Separate/Exterior Entry, Finished, Full

Interior

Interior Features See Remarks

Heating Boiler

Cooling None

Flooring Carpet, Ceramic Tile, Laminate, Vinyl Plank

Fireplaces Number 1

Fireplaces Type Wood Burning

Inclusions Coffee Maker

Appliance Dishwasher, Dryer, Electric Stove, Refrigerator, Washer

Laundry Upper Level

Exterior

Parking Features Driveway, Single Garage Attached

Garage Spaces 1.0

Garage Description Driveway, Single Garage Attached

Fence Fenced

Community Features Shopping Nearby, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Balcony(s)

Lot Frontage 25.0

Total Parking Spaces 3

Building

Lot Description Lawn

Foundation Poured Concrete

Architectural Style 2 Storey Split, Attached-Front/Back

Level or Stories Two

Structure Type Wood Frame

Others

Restrictions Park Approval

Tax ID 92230274

Ownership Leasehold


Listed by RE/MAX Cascade Realty
agent

Sehaj Pal Singh Gill

Agent

+1(403) 322-5678

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116 Otter #B