Property Details

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B, 116 Otter
Banff (A2216319)

$1,580,000
5
3+1
1,960 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

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.

Property details

Basic Info

MLS® #
A2216319
Property Type:
Residential
Subtype:
Semi Detached (Half Duplex)
Subdivision:
NONE
Price
$1,580,000
Sale/Lease:
For Sale
Size:
1,960 sq.ft.
Bedrooms:
5
Bathrooms:
3 full / 1 half
Year Built:
1989 (36 years old)

Building Info

Structure Type:
Duplex
Building Style:
2 Storey Split, Attached-Front/Back
Garage:
Yes
Parking:
Driveway, Single Garage Attached
Fence:
Fenced
Basement:
Separate/Exterior Entry, Finished, Full
Features:
See Remarks
Fireplaces:
1
Inclusions:
Coffee Maker
Appliances:
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Laundry:
Upper Level
Exterior Features:
Private Yard
Patio/Porch Features:
Balcony(s)

Neighborhood Info

Nearby Amenities:
Shopping Nearby, Walking/Bike Paths

Lot / Land Info

Lot Size:
0.07 acres
Lot Features:
Lawn
Zoning:
RNC

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Carpet, Ceramic Tile, Laminate, Vinyl Plank
Foundation:
Poured Concrete
Heating:
Boiler
Cooling:
None
Amenities:
Shopping Nearby, Walking/Bike Paths

Listing Info

Possession:
Negotiable
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Grassroots Realty Group Ltd.
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