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BANFF HOMES FOR SALE IN ALBERTA CANADA

Browse the Latest Real Estate Listings in Banff Alberta

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Banff, Alberta Canada:

  • Banff offers a truly unique lifestyle defined by its breathtaking natural surroundings, active community with small-town charm. Nestled within Banff National Park, the town is surrounded by towering peaks, turquoise lakes & abundant wildlife, providing residents with access to world-class outdoor recreation. Hiking, skiing, mountain biking, climbing & kayaking are part of everyday life.

The Town:

  • The town itself has a vibrant yet relaxed atmosphere, with a tight-knit community of people who are passionate about the outdoors & environmental stewardship. Despite its small size, Banff has a surprisingly rich cultural scene, with festivals, art galleries. Its popularity as a global tourist destination also means residents enjoy a blend of international energy and local authenticity.

Cost of Living:

  • It can be high & the housing market competitive due to restrictions, many find that the quality of life. But access to nature & sense of connection to both community & landscape more than make up for it.

BANFF COMMUNITY OVERVIEW

PURCHASING A HOME IN BANFF

  • Life in Banff is its protected status within a National Park. This comes with certain trade-offs, such as limited housing availability & strict development regulations, but it also ensures the natural environment remains pristine & central to the way of life. Residents have a strong sense of purpose in living there—whether working in hospitality, conservation, or outdoor guiding—since most who reside in Banff do so because they meet the federal “need to reside” criteria tied to employment or community contribution.It offers a unique opportunity to reside in a world-renowned national park surrounded by natural beauty. 

To make an informed decision, consider the following key factors:

1. History & Tourism Impact:

History:

  • Established in 1885, Banff is Canada's first national park, renowned for its stunning mountain landscapes & rich cultural heritage.

Tourism:

  • As a major tourist destination, Banff attracts millions of visitors annually, significantly influencing the local economy & housing market. In 2023, there were 4.7 million visitors to Kananaskis, a neighbouring area, indicating a strong tourism presence in the region.

2. Real Estate Market Trends:

Property Prices: (January 2025); 

  • The median list price for homes in Banff was approximately $1,166,294, reflecting a 4.42% increase from December 2024.

Market Dynamics:

  • The market has experienced significant fluctuations over the past decade, with notable increases in property values, especially in the last few years.

3. Future Housing Market Outlook:

Sustained Demand:

  • Given Banff's status as a premier tourist destination, demand for housing is expected to remain strong, with appreciation in values.

4. Key Considerations When Buying a Home in Banff:

Property Types: 

  • The market includes a mix of Single-family, Half Duplex, Townhouses & Apartment Condos.

Lifestyle & Amenities:

  • Living in Banff offers unparalleled access to outdoor activities, cultural events & a close-knit community, enhancing the lifestyle.

BANFF "NEED TO RESIDE" BRIEF

Who is considered an "Eligible Resident"?

  • According to the National Parks Lease & License of Occupation Regulations, an eligible resident is:  

  1. An individual whose primary employment is within Banff National Park.

  2. An individual who operates a business in the park & whose presence is necessary for its day-to-day operation.

  3. A retired individual who resided in the park for five consecutive years immediately prior to retirement & was employed or had a business in the park during that time.

  4. A retired individual who resided in the park at the time of retirement & had lived there on July 30, 1981.

  5. A full-time student attending an educational institution located within the park.

  6. An individual who is a lessee of public lands in the park & was the lessee prior to May 19, 1911, or is a descendant of such a lessee.

  7. The spouse, common-law partner, or dependent of someone who meets any of the above criteria. 

Summary :

  • By thoroughly researching these aspects & consulting with your legal professional, you can make an informed decision when planning to purchase a home in Banff, aligning your investment with both your lifestyle aspirations & financial goals.

For Expert Guidance:

BUYING ALBERTA LAND

BANFF CONDOS  |  BANFF HALF DUPLEX HOMES

Canmore Homes  |  Canmore Condos

HOME EVALUATION  |  BANFF & LAKE LOUISE

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BANFF LUXURY MOUNTAIN HOME REAL ESTATE (ALL STYLES) ALBERTA, CANADA

Banff Homes All Styles Alberta Canada

Banff Homes All Styles Alberta Canada for Sale. Search here for the World famous Banff Real Estate in Canada. Information is updated daily.
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1-12/19

  • 115 Spray Avenue in Banff: Detached for sale : MLS®# A2258433

    115 Spray Avenue Banff T1L 1A1
    Main Photo: 115 Spray Avenue in Banff: Detached for sale : MLS®# A2258433

    115 Spray Avenue Banff T1L 1A1

    $4,999,000
    Residential
    Status:
    Active
    MLS® Num:
    A2258433
    Bedrooms:
    8
    Bathrooms:
    5
    Floor Area:
    3,114 sq. ft.
    Frank Lloyd Wright–Inspired Home | Built 1964 | Complete Renovation 2015 This architecturally inspired residence combines timeless design with modern upgrades. Originally built in 1964 and fully reimagined in 2015, the home was taken to the studs and completely rebuilt with a new main floor plan, updated systems, and refined finishes. Highlights Architecture & History: Frank Lloyd Wright–inspired design. Renovation 2015: Full interior gut and remodel, including new main floor layout. 2022: Entire landscaping and driveway redone with 8” paver stones; new fire pit; all backyard patio areas rebuilt with pavers; town-to-home plumbing line replaced 2024: Basement fully redeveloped into a private 2-bedroom, 1-bath dwelling with separate entrance. This is only the second time the home has been offered for sale. A rare opportunity to own a property with both architectural pedigree and modern livability. More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    Stu Lowe

  • 412 Cougar Street in Banff: Detached for sale : MLS®# A2264167

    412 Cougar Street Banff T1L 1A1
    Main Photo: 412 Cougar Street in Banff: Detached for sale : MLS®# A2264167

    412 Cougar Street Banff T1L 1A1

    $2,300,000
    Residential
    Status:
    Active
    MLS® Num:
    A2264167
    Bedrooms:
    5
    Bathrooms:
    4
    Floor Area:
    2,032 sq. ft.
    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. More details
    Listed by ROYAL LEPAGE SOLUTIONS
    LISTING DETAILS
    Stu Lowe

  • 404 Otter Street in Banff: Detached for sale : MLS®# A2232374

    404 Otter Street Banff T1L 1E3
    Main Photo: 404 Otter Street in Banff: Detached for sale : MLS®# A2232374

    404 Otter Street Banff T1L 1E3

    $1,855,000
    Residential
    Status:
    Active
    MLS® Num:
    A2232374
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,209 sq. ft.
    Excellent Development Potential on Large Lot!! This is a character home, centrally located in the RTM-Tunnel Mountain District, on a private expansive 11,238 sq.ft. lot. This is a very unique property with a beautiful yard with views, sun and loads of potential for redevelopment (Duplex Fourplex, up to 8 townhomes or possible apartment housing), along with subdivision opportunities! More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    Stu Lowe

  • 125 Rainbow Avenue in Banff: Detached for sale : MLS®# A2249719

    125 Rainbow Avenue Banff T1L 1A1
    Main Photo: 125 Rainbow Avenue in Banff: Detached for sale : MLS®# A2249719

    125 Rainbow Avenue Banff T1L 1A1

    $1,750,000
    Residential
    Status:
    Active
    MLS® Num:
    A2249719
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    1,009 sq. ft.
    Prime redevelopment opportunity in the heart of Banff, nestled on a spacious 9,834 square foot lot, with breathtaking views towards the surrounding mountain views, this property offers a rare chance to secure a revenue-generating holding property with exceptional development potential. The land is currently improved with a 4 bedroom home and a detached garage, producing steady rental income. The permitted zoning allows for up to an 8-plex development, and discretionary use provides the possibility for additional development including an apartment complex, subject to town approval. With convenient alley access, a valuable advantage for residents, visitors, and construction access, this lot is well-positioned for a thoughtful multi-family build in one of Canada’s most sought-after mountain communities. Whether you’re planning your dream build, an investor looking to hold and generate income or a developer ready to bring new housing to the heart of Banff, opportunities like this are rare. More details
    Listed by MaxWell Capital Realty
    LISTING DETAILS
    Stu Lowe

  • A 510 Wolf Street in Banff: Semi Detached (Half Duplex) for sale : MLS®# A2276190

    A 510 Wolf Street Banff T1L 1B4
    Main Photo: A 510 Wolf Street in Banff: Semi Detached (Half Duplex) for sale : MLS®# A2276190

    A 510 Wolf Street Banff T1L 1B4

    $1,550,000
    Residential
    Status:
    Active
    MLS® Num:
    A2276190
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    1,573 sq. ft.
    Ideally located just minutes from downtown Banff, this well-appointed half duplex offers outstanding flexibility, natural light, and mountain views—perfect for those seeking space for family and guests. The home is filled with windows that flood the interior with natural light and frame beautiful mountain scenery. The living room is anchored by a charming river stone fireplace, creating a warm and inviting focal point for everyday living and entertaining. The functional multi-level layout provides excellent separation of space. The main floor features a large family room that can easily function as a fourth bedroom, complete with a half bathroom—ideal for guests, extended family, or home office needs. The second floor is dedicated to a private primary bedroom with its own bathroom, offering a quiet retreat. On the third level, you’ll find two generously sized bedrooms and an additional full bathroom, perfect for family living. To complete this top floor there’s vaulted ceilings with open banister to living room/kitchen. Additional highlights include a fenced yard, a double car garage, and a highly desirable location close to Banff’s shops, restaurants, trails, and amenities. A rare opportunity to own a spacious, versatile half duplex in Banff. More details
    Listed by RE/MAX KEY
    LISTING DETAILS
    Stu Lowe

  • 12 Antelope Lane in Banff: Row/Townhouse for sale : MLS®# A2274758

    12 Antelope Lane Banff T1L 1G1
    Main Photo: 12 Antelope Lane in Banff: Row/Townhouse for sale : MLS®# A2274758

    12 Antelope Lane Banff T1L 1G1

    $1,480,000
    Residential
    Status:
    Active
    MLS® Num:
    A2274758
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,184 sq. ft.
    Luxurious End Unit Townhome in Exclusive Banff Neighbourhood - Tatanga Ridge I ! This spacious, 2,716 sq.ft. alpine styled three bedroom plus den home stands in a class of its own – offering a level of finish, charm and functionality unmatched by anything currently on the market. Tastefully upgraded from top to bottom, the home welcomes you on the main level with a large sunny south facing balcony with massive windows that flood the interior with natural light. At the heart of this level is a dream kitchen with granite countertops, undermount sink, brick backsplash, oversized Miele gas range, custom hood fan, and stainless fridge with French doors. This level is accentuated with beautiful slate flooring and custom lighting and includes the dining area, home office, powder room and roomy foyer. Striking vaulted ceilings, clad in rich tongue and groove pine planks and accentuated with prominent timber beams guide you down to an airy and warm living room with a floor to ceiling river rock wood burning fireplace, a cozy alpine feature. Grand windows and a wrap around deck capture incredible views of Norquay and Cascade mountains. Gorgeous wide plank Douglas Fir flooring in the living room and primary bedroom create warmth and comfort. The tranquil primary bedroom comes complete with a slate accented gas fireplace with timber mantle, private deck, and full spa like ensuite bathroom with soaker tub and separate enclosed steam shower. The versatile bonus room/den complete with gas fireplace, custom bar made from west coast Maple with live edge and wine rack offers the perfect setting for movie nights, quiet reading or watching the big game. The lower level consists of two roomy bedrooms, a full bathroom, and separate laundry room. Lastly, for all your mountain toys there is a large attached double car garage featuring epoxy-coated flooring and storage for your year-round adventure gear. For added safety a fire smart all metal roof sprinkler system has been installed to protect against possible wildfire. This home has everything you are looking for in a mountain home and more! More details
    Listed by RE/MAX Alpine Realty
    LISTING DETAILS
    Stu Lowe

  • B 123 Grizzly Street in Banff: Semi Detached (Half Duplex) for sale : MLS®# A2268153

    B 123 Grizzly Street Banff T1L 1C3
    Main Photo: B 123 Grizzly Street in Banff: Semi Detached (Half Duplex) for sale : MLS®# A2268153

    B 123 Grizzly Street Banff T1L 1C3

    $1,399,000
    Residential
    Status:
    Active
    MLS® Num:
    A2268153
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    1,784 sq. ft.
    Discover exceptional value in this versatile 5-bedroom half duplex tucked away on a quiet back alley behind Grizzly Street, offering privacy and functionality for families or investors alike. This home features an open and inviting layout with spacious living spaces and easy access to a large, fully fenced yard — perfect for kids, pets, or entertaining. The lower level includes an in-law suite for your teens or visiting family, ideal for multi-generational living or rental income. Enjoy ample parking, peaceful surroundings, and the convenience of nearby schools, parks, and local amenities. A rare find combining space, flexibility, and privacy — this property checks all the boxes! More details
    Listed by RE/MAX KEY
    LISTING DETAILS
    Stu Lowe

  • A 208 Muskrat Street in Banff: Semi Detached (Half Duplex) for sale : MLS®# A2276365

    A 208 Muskrat Street Banff T1L 1G2
    Main Photo: A 208 Muskrat Street in Banff: Semi Detached (Half Duplex) for sale : MLS®# A2276365

    A 208 Muskrat Street Banff T1L 1G2

    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2276365
    Bedrooms:
    4
    Bathrooms:
    2
    Floor Area:
    917 sq. ft.
    Step up from condo living into space, privacy, and long-term flexibility with this beautifully renovated half duplex, ideally located just steps from Banff Avenue and downtown amenities. Designed with homeowners in mind, the upper level functions as a comfortable primary residence, featuring two well-appointed bedrooms, a bright and functional layout, and numerous renovations and upgrades throughout. This level offers the day-to-day living space many condo owners are ready for—without shared hallways, elevators, or monthly condo fees. What truly elevates this property is the legal, fully self-contained 2-bedroom suite below. Thoughtfully designed and completely separate, the suite provides excellent income potential to offset ownership costs, or an ideal solution for extended family, guests, or multigenerational living. This flexibility makes the home not only a lifestyle upgrade, but also a smart long-term investment in Banff’s limited housing market. Upgrades done to this home include the heat pump (which also functions as air conditioning in the summer months), instant hot water tank, and new furnace installed in 2025. There is also assigned surface parking stall in the rear. Outdoor living is another standout feature. Enjoy a large deck and fully fenced yard, offering rare private outdoor space—perfect for entertaining, relaxing, pets, or enjoying the mountain air after a day of hiking or skiing. Located in a highly walkable central location, this property allows you to leave the car behind and enjoy easy access to shops, restaurants, trails, schools, and transit—all while living in a quiet residential setting. Whether you’re a condo owner ready for more space, a buyer seeking rental income, or someone looking for a flexible home that adapts as your needs change, this renovated half duplex with a legal suite offers exceptional value, versatility, and lifestyle appeal in the heart of Banff. More details
    Listed by RE/MAX KEY
    LISTING DETAILS
    Stu Lowe

  • 13 Antelope Lane in Banff: Row/Townhouse for sale : MLS®# A2275666

    13 Antelope Lane Banff T1L 1B1
    Main Photo: 13 Antelope Lane in Banff: Row/Townhouse for sale : MLS®# A2275666

    13 Antelope Lane Banff T1L 1B1

    $1,250,000
    Residential
    Status:
    Active
    MLS® Num:
    A2275666
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,172 sq. ft.
    Welcome to this exceptional executive end-unit townhome offering three bedrooms plus a versatile bonus room in a prime Banff location. Thoughtfully designed to showcase its iconic surroundings, the home features soaring ceilings, expansive windows, and breathtaking views of Cascade Mountain. The open-concept main living area is filled with natural light and enhanced by dramatic ceiling heights, creating a bright and inviting space ideal for entertaining or unwinding after a day in the mountains. As an end unit, the home benefits from added privacy and increased natural light throughout. The bedroom level is intentionally separated from the upper living areas, providing quiet, comfortable retreats—perfect for executive living or accommodating guests. The flexible bonus room offers excellent versatility as a home office, media room, or fitness space. Enjoy outdoor living with two generous decks, ideal for morning coffee, evening sunsets, or simply taking in the spectacular mountain scenery year-round. Located just minutes from Banff Avenue, scenic trails, and world-class recreation, this residence offers a rare combination of space, privacy, and iconic mountain views. A rare opportunity to own an executive end-unit townhome in Banff featuring high ceilings, dual decks, and Cascade Mountain views. More details
    Listed by RE/MAX KEY
    LISTING DETAILS
    Stu Lowe

  • 1 418 Muskrat Street in Banff: Row/Townhouse for sale : MLS®# A2270124

    1 418 Muskrat Street Banff T1L 1E7
    Main Photo: 1 418 Muskrat Street in Banff: Row/Townhouse for sale : MLS®# A2270124

    1 418 Muskrat Street Banff T1L 1E7

    $1,102,500
    Residential
    Status:
    Active
    MLS® Num:
    A2270124
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,396 sq. ft.
    Exclusive Presale Opportunity in Downtown Banff Discover a limited collection of 10 brand-new townhomes just steps from Banff’s vibrant downtown core. Each 3-bedroom, 2 full bathroom townhome offers modern design, high-quality finishes, and a private one-car garage. Perfect for families or investors, these homes combine comfort and functionality in one of Canada’s most desirable real estate markets. Banff is renowned for its natural beauty, stable property values, and limited development opportunities—creating exceptional long-term value. Enjoy the convenience of being only a 3-minute walk to shops, restaurants, and world-famous mountain scenery. A rare chance to own new construction in the heart of Banff. Listed price is inclusive of new Home GST, buyers may be eligible for gst rebates. More details
    Listed by ROYAL LEPAGE SOLUTIONS
    LISTING DETAILS
    Stu Lowe

  • 10 418 Muskrat Street in Banff: Row/Townhouse for sale : MLS®# A2270169

    10 418 Muskrat Street Banff T1L 1E7
    Main Photo: 10 418 Muskrat Street in Banff: Row/Townhouse for sale : MLS®# A2270169

    10 418 Muskrat Street Banff T1L 1E7

    $1,076,250
    Residential
    Status:
    Active
    MLS® Num:
    A2270169
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,396 sq. ft.
    Exclusive Presale Opportunity in Downtown Banff Discover a limited collection of 10 brand-new townhomes just steps from Banff’s vibrant downtown core. Each 3-bedroom, 2 full bathroom townhome offers modern design, high-quality finishes, and a private one-car garage. Perfect for families or investors, these homes combine comfort and functionality in one of Canada’s most desirable real estate markets. Banff is renowned for its natural beauty, stable property values, and limited development opportunities—creating exceptional long-term value. Enjoy the convenience of being only a 3-minute walk to shops, restaurants, and world-famous mountain scenery. A rare chance to own new construction in the heart of Banff. Listed price is inclusive of new Home GST, buyers may be eligible for gst rebates. More details
    Listed by ROYAL LEPAGE SOLUTIONS
    LISTING DETAILS
    Stu Lowe

  • 3 418 Muskrat Street in Banff: Row/Townhouse for sale : MLS®# A2270168

    3 418 Muskrat Street Banff T1L 1E7
    Main Photo: 3 418 Muskrat Street in Banff: Row/Townhouse for sale : MLS®# A2270168

    3 418 Muskrat Street Banff T1L 1E7

    $1,038,450
    Residential
    Status:
    Active
    MLS® Num:
    A2270168
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    1,396 sq. ft.
    Exclusive Presale Opportunity in Downtown Banff Discover a limited collection of 10 brand-new townhomes just steps from Banff’s vibrant downtown core. Each 3-bedroom, 2 full bathroom townhome offers modern design, high-quality finishes, and a private one-car garage. Perfect for families or investors, these homes combine comfort and functionality in one of Canada’s most desirable real estate markets. Banff is renowned for its natural beauty, stable property values, and limited development opportunities—creating exceptional long-term value. Enjoy the convenience of being only a 3-minute walk to shops, restaurants, and world-famous mountain scenery. A rare chance to own new construction in the heart of Banff. Listed price is inclusive of new Home GST, buyers may be eligible for gst rebates. More details
    Listed by ROYAL LEPAGE SOLUTIONS
    LISTING DETAILS
    Stu Lowe
1-12/19
 <  12  > 
Data was last updated January 18, 2026 at 06:05 PM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.

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Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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. Used under license.