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BANFF HOMES FOR SALE 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 SEMI-DETACHED (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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  • 128 Kootenay Avenue: Banff Detached for sale : MLS®# A2189463

    128 Kootenay Avenue Banff Banff T1L 1B8
    Main Photo: 128 Kootenay Avenue: Banff Detached for sale : MLS®# A2189463

    128 Kootenay Avenue Banff T1L 1B8 Banff

    $3,500,000
    Residential
    Status:
    Active
    MLS® Num:
    A2189463
    Bedrooms:
    3
    Bathrooms:
    2
    Floor Area:
    2,584 sq. ft.
    Fabulous possibilities in this Banff property Welcome to Banff, where this classic residence epitomizes Banff's finest district, Kootenay Ave. This unique modernized log home is secluded in the heart of Banff, where privacy and comfort are the norm. It offers extraordinary mountain views and the unparalleled lifestyle of living in beautiful Banff. The rear exterior boasts a 300-square-foot cedar deck with a hand-carved glass panel depicting local flora and fauna on a dimmer switch. This deck overlooks Mt Rundle, currently a B&B, with the possibility of developing this property into three lots. Layout: Main Level Entry with two wings. Lot: Features a Parklike Setting, Private, over 21,600 sq ft. Heating: Natural gas Flooring: Hardwood, carpet, linoleum. Roof: asphalt with solar panels. Parking: Room for five cars Exterior: Feature fencing, Garden, Decks and Barn Interior: Rustic Living Room/ Dining Room & Island Kitchen with a Gas Range, two Island Kitchen Laundry: Main floor Fireplace: Description Wood Burning Amazing possibilities and Pride of Ownership. More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS
    Stewart J Lowe

  • 317 Buffalo Street: Banff Detached for sale : MLS®# A2196576

    317 Buffalo Street Banff Banff T1L 1A1
    Main Photo: 317 Buffalo Street: Banff Detached for sale : MLS®# A2196576

    317 Buffalo Street Banff T1L 1A1 Banff

    $2,599,000
    Residential
    Status:
    Active
    MLS® Num:
    A2196576
    Bedrooms:
    8
    Bathrooms:
    6
    Floor Area:
    3,554 sq. ft.
    Welcome to one of Banff's most prestigious locations, nestled alongside the Famous Bow River in Downtown Banff, while still boasting picturesque views of Cascade Mountain from the front. This versatile 8-bedroom home featuring a full owner's residence on the main level plus 3 separate lock-off suites for exceptional rental income potential." The main floor unfolds with an open concept floorplan, accentuated by a vaulted ceiling in the main living room, rendering the space bright and inviting. Behind the living room, the kitchen and dining area seamlessly flow, while a sunroom and indoor hot tub beckon just steps away, offering views of the Bow River from the expansive 700 sqft deck. The primary bedroom & ensuite are conveniently located nearby, alongside a second bedroom & bathroom nestled across from the dining area. A spiral staircase off the living room ascends to a beautiful lofted area, framing Cascade Mountain through large north-facing windows. Here, one can savor morning coffee or unwind by the fireplace with a glass of wine in the evening. In total, this home comprises 3 separate units in addition to the primary residence on the main floor. The first unit is a separate 1 bedroom retreat with a cozy bathroom and kitchenette just off the main entrance. Another 2 bedroom unit awaits down the main corridor, boasting its own entrance, kitchenette, bathroom, and living room. Meanwhile, the basement unfolds as a spacious haven, featuring 3 well-appointed bedrooms, a generous living area seamlessly integrated with a kitchenette, a bathroom and sauna, and even a cold storage area. Set on a sprawling 13831 sqft lot, this property boasts an extra large 2-car detached garage, fenced areas located on both sides of the home, ample parking, and green space complementing this amazing Banff residence. More details
    Listed by ROYAL LEPAGE SOLUTIONS
    LISTING DETAILS
    Stewart J Lowe

  • 107 Lougheed Circle: Banff Detached for sale : MLS®# A2218696

    107 Lougheed Circle Banff Banff T1L 1B9
    Main Photo: 107 Lougheed Circle: Banff Detached for sale : MLS®# A2218696

    107 Lougheed Circle Banff T1L 1B9 Banff

    $2,499,000
    Residential
    Status:
    Active
    MLS® Num:
    A2218696
    Bedrooms:
    4
    Bathrooms:
    6
    Floor Area:
    3,305 sq. ft.
    Once-in-a-generation opportunity to own a home in one of the world’s most famous national parks. Welcome to Banff, the most beautiful place in Canada to live, work, and play! A luxurious mountain retreat boasting views of Cascade Mountain and only a 5-minute walk from the iconic Fairmont Banff Springs Hotel and town centre. Located on a quiet cul-de-sac on exclusive Lougheed Circle, this 5,600-sq-ft, 4-bedroom home sits on .3 acres and impresses at first glance with a natural river-rock exterior, heated drive way, mature trees, and meticulous landscaping. Artfully designed with European flair, the interior boasts site-finished maple floors, custom spiral stair/wrought iron railing, exquisite mouldings and millwork, river-rock feature walls, sophisticated hardware, Kallista fixtures, five fireplaces, granite countertops, designer lighting, wall treatments, and user-friendly window coverings. Designed for family and entertaining, this home boasts a cozy living room with gas fireplace, formal dining room for those special occasions, chef’s kitchen complete with top-of-line stainless steel Miele and Wolf appliances and a breakfast nook with balcony access where one can enjoy morning coffee with a mountain view. On the main floor, you will also find the luxuriously appointed master retreat with fireplace, dressing room, spa-like ensuite and clawfoot tub. An library/den completes the main floor. Upstairs, you are greeted by an open landing with an additional bedroom and loft space for what could be a gym or office. The walkout lower level offers two more bedrooms with a shared ensuite, steam room, sauna, bar, cedar closet, and family room with fireplace that leads out to a year-round breeze room. Only 1.5 hours from Calgary, Banff offers not only a spectacular location but unrivalled outdoor recreational opportunities, and great food and shopping in the heart of the world's most incredible landscape. More details
    Listed by Sotheby's International Realty Canada
    LISTING DETAILS
    Stewart J Lowe

  • 412 Cougar Street: Banff Detached for sale : MLS®# A2209880

    412 Cougar Street Banff Banff T1L 1A1
    Main Photo: 412 Cougar Street: Banff Detached for sale : MLS®# A2209880

    412 Cougar Street Banff T1L 1A1 Banff

    $2,300,000
    Residential
    Status:
    Active
    MLS® Num:
    A2209880
    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
    Stewart J Lowe

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

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

    404 Otter Street Banff T1L 1E3 Banff

    $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
    Stewart J Lowe

  • 140 Kootenay Avenue: Banff Detached for sale : MLS®# A2231289

    140 Kootenay Avenue Banff Banff T1L 1E3
    Main Photo: 140 Kootenay Avenue: Banff Detached for sale : MLS®# A2231289

    140 Kootenay Avenue Banff T1L 1E3 Banff

    $1,790,000
    Residential
    Status:
    Active
    MLS® Num:
    A2231289
    Bedrooms:
    6
    Bathrooms:
    3
    Floor Area:
    1,984 sq. ft.
    Prime Investment Opportunity in Banff - Exceptional Redevelopment Potential. This character home offers a rare combination of potential significant future development and rental income. Situated on a beautifully landscaped corner lot just under 12000 sq. ft. in one of Banff's most sought-after locations can't go unnoticed. The southern exposure affords views of the famous Banff Springs Hotel and the iconic Mt. Rundle. Currently configured as a six-bedroom home with multiple living spaces, a double-attached garage, and a sprawling landscaped yard, this residence provides steady rental potential while plans for redevelopment take shape. Whether you are considering multi-unit residential redevelopment or renovating or building your dream home this property is positioned for strong future value and growth. An unparalleled chance to secure a high-value property in one of Canada's most iconic mountain destinations. Invest now and capitalize on Banff's evolving real estate landscape. More details
    Listed by Coldwell Banker Lifestyle
    LISTING DETAILS
    Stewart J Lowe

  • A 328 Squirrel Street: Banff Semi Detached (Half Duplex) for sale : MLS®# A2121953

    A 328 Squirrel Street Banff Banff T0L 0C0
    Main Photo: A 328 Squirrel Street: Banff Semi Detached (Half Duplex) for sale : MLS®# A2121953

    A 328 Squirrel Street Banff T0L 0C0 Banff

    $1,395,000
    Residential
    Status:
    Active
    MLS® Num:
    A2121953
    Bedrooms:
    4
    Bathrooms:
    4
    Floor Area:
    2,463 sq. ft.
    Welcome to your dream family home in the heart of Banff! This charming half duplex offers the perfect blend of convenience, comfort, and income potential. Located directly across the street from Banff Elementary School, your mornings will be a breeze as the kids simply walk across to start their day of learning. Imagine the joy of watching them play in the open school field with the breathtaking backdrop of majestic mountains. With three bedrooms upstairs, there's ample space for the whole family to unwind and rest. Plus, the added bonus of a 1-bedroom illegal suite in the basement provides a fantastic opportunity to offset your mortgage payments or accommodate extended family members. Situated just a stone's throw away from downtown Banff and a mere block from IGA, you'll have all the amenities you need within easy reach. Whether it's a quick grocery run or a leisurely stroll through town, everything is conveniently close by. Nestled in one of Banff's most desirable locations, this home offers more than just a place to live—it offers a lifestyle. From the proximity to schools and shops to the stunning natural beauty that surrounds you, this is an opportunity not to be missed. Make memories that will last a lifetime in this perfect family abode. More details
    Listed by RE/MAX Cascade Realty
    LISTING DETAILS
    Stewart J Lowe

  • 14 Antelope Lane: Banff Row/Townhouse for sale : MLS®# A2230449

    14 Antelope Lane Banff Banff T1L 1A1
    Main Photo: 14 Antelope Lane: Banff Row/Townhouse for sale : MLS®# A2230449

    14 Antelope Lane Banff T1L 1A1 Banff

    $1,150,000
    Residential
    Status:
    Active
    MLS® Num:
    A2230449
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    1,116 sq. ft.
    Discover why luxury living in Tatanga Ridge remains unparalleled. With over 2,400 sq.ft. of liveable space, the open floor plan with vaulted ceilings seamlessly integrates the great room, dining, and kitchen areas, creating a warm and inviting home. Breathtaking Bow Valley montain vistas are emphasized via large viewing windows on either end, infusing every corner of the home with natural light. 3 bedrooms, 3 bathrooms, spacious den, loft space, double garage with workshop area and exclusive Tatanga Ridge living located at the end of a no-through road remains one of Banff's most sought after locations. Viewings by appointment only, see remarks. More details
    Listed by Dalton Real Estate
    LISTING DETAILS
    Stewart J Lowe

  • 306 404 WOLF Street: Banff Apartment for sale : MLS®# A2235282

    306 404 WOLF Street Banff Banff T1L 1A8
    Main Photo: 306 404 WOLF Street: Banff Apartment for sale : MLS®# A2235282

    306 404 WOLF Street Banff T1L 1A8 Banff

    $829,900
    Residential
    Status:
    Active
    MLS® Num:
    A2235282
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    1,748 sq. ft.
    Welcome Home to this fabulous top-floor condo in the Sunshine Manor complex. Walking distance to downtown, restaurants, transit and the Bow River. With a southwest view and plenty of natural light, this corner two-level unit awaits a new owner. Possession is negotiable. This 1,748 sq ft 2-bedroom unit includes a fantastic owner’s suite on the upper level with a four-piece en-suite bath, a walk-in closet and an additional common space that can serve as an office, a guest room or a den. The main level includes: an upgraded kitchen with stainless steel appliances, a vaulted wood ceiling in the living area with a gas fireplace, and a large balcony overlooking the mountains. It also includes a three-piece bathroom with a steam shower and a large bedroom with a large closet. In-suite laundry, an extra storage area, a two-piece bath and pride of ownership. The unit comes with secure, heated underground parking and storage. Currently, this unit has very easy access for viewing. More details
    Listed by Real Estate Professionals Inc.
    LISTING DETAILS
    Stewart J Lowe

  • 204 113 Cave Avenue: Banff Apartment for sale : MLS®# A2226887

    204 113 Cave Avenue Banff Banff T1L 1A0
    Main Photo: 204 113 Cave Avenue: Banff Apartment for sale : MLS®# A2226887

    204 113 Cave Avenue Banff T1L 1A0 Banff

    $579,600
    Residential
    Status:
    Active
    MLS® Num:
    A2226887
    Bathrooms:
    1
    Floor Area:
    594 sq. ft.
    Discover the perfect blend of stunning mountain views & natural light in this exceptional studio, located just minutes from Banff Avenue yet quiet & tranquil. With breathtaking vistas of Cascade Mountain & Mount Norquay, this thoughtfully designed home features two walls of expansive windows, seamlessly connecting the indoor space to its serene surroundings. A slate foyer leads into an inviting living area, where a cozy gas fireplace offers warmth & ambiance. The layout includes space for dining or a home office, alongside a well-appointed kitchen. Step onto the private patio to take in more views. Additional features include a full bathroom, in-suite laundry & storage, a huge separate storage room, & underground heated parking. Set within a unique co-operative complex, this residence offers exclusive amenities such as a shared entertainment space with kitchen, a workshop, & a ski/bike tuning room. With the new pedestrian bridge, this prime location is truly one of a kind. More details
    Listed by ROYAL LEPAGE SOLUTIONS
    LISTING DETAILS
    Stewart J Lowe
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Data was last updated August 2, 2025 at 06:05 AM (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.