About 412 Cougar Street
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.
Features of 412 Cougar Street
| MLS® # | A2264167 |
|---|---|
| Price | $2,300,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 2,032 |
| Acres | 0.18 |
| Year Built | 1917 |
| Type | Residential |
| Sub-Type | Detached |
| Style | 1 and Half Storey |
| Status | Active |
Community Information
| Address | 412 Cougar Street |
|---|---|
| Subdivision | NONE |
| City | Banff |
| County | Improvement District No. 09 (Banff) |
| Province | Alberta |
| Postal Code | T1L1A1 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Driveway, Single Garage Attached |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Kitchen Island, Soaking Tub, Vaulted Ceiling(s) |
|---|---|
| Appliances | Dishwasher, Electric Oven, Gas Cooktop, Refrigerator, Washer/Dryer |
| Heating | Floor Furnace, Natural Gas |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Family Room, Gas |
| Has Basement | Yes |
| Basement | Partial, Partially Finished |
Exterior
| Exterior Features | Private Yard |
|---|---|
| Lot Description | Front Yard |
| Roof | Asphalt Shingle |
| Construction | Mixed |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | October 13th, 2025 |
|---|---|
| Days on Market | 12 |
| Zoning | RCR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | ROYAL LEPAGE SOLUTIONS |
|---|
