Banff Homes with Full Basement Development

Welcome to Banff, a picturesque town nestled in the heart of Alberta's stunning landscapes. Banff, located in Improvement District No. 09, offers a unique blend of natural beauty and modern amenities, making it a sought-after destination for homebuyers.

One of the standout features of homes in Banff is the full basement development option. This feature provides homeowners with additional living space, storage, and potential for customization to suit their needs. Whether you're looking to create a cozy entertainment area, a home office, or a guest suite, homes with full basement development in Banff offer endless possibilities for personalization.

Living in Banff means being surrounded by the breathtaking Rocky Mountains, pristine lakes, and abundant wildlife. Residents enjoy a wide range of outdoor activities year-round, from hiking and skiing to wildlife watching and exploring the charming town center with its unique shops and restaurants.

If you're looking for a home that combines natural beauty with modern conveniences and the opportunity for customization, Banff is the perfect place to plant your roots. Explore the real estate options in Banff today and discover your dream home in this enchanting mountain town.

Newest Banff Homes with Full Basement Development

$1,950,000

4 Beds ⋅ 2 Baths ⋅ A2331741 MLS® #

Opportunity awaits with this charming bungalow situated on a large lot on Park Avenue. Whether you’re looking for a move-in-ready home, an investment property, or a future development opportunity, this property offers exceptional potential. Inside, you’ll find numerous upgrades throughout, creating a comfortable and updated living space. Step outside to enjoy the spacious, fully fenced backyard, perfect for children, pets, gardening, or entertaining. The double detached garage provides ample parking and storage. With its generous lot size and excellent redevelopment potential, this is a property that offers both immediate enjoyment and long-term value.

114 Park Avenue, Improvement District No. 09 (Banff)

Courtesy of RE/MAX KEY.

$4,290,000

4 Beds ⋅ 5 Baths ⋅ A2308203 MLS® #

Welcome to 501 Buffalo Street — a rare opportunity to own a historical Banff property in one of the town’s most prestigious residential river-front locations. Situated along the Bow River with scenic pathways right out your back door, this iconic home offers an extraordinary lifestyle surrounded by nature, mountain views, and the charm of downtown Banff just steps away.Set on an expansive 1,390 sq.m. lot (approximately 14,960 sq.ft.), the property offers exceptional space, privacy, and future potential in a highly sought-after setting. Warm architectural character, spacious living areas, and timeless appeal make this a truly special offering for those seeking a legacy property in the heart of the Rockies.Buffalo Street properties are rarely available — especially with direct river access, historical significance, and this remarkable lot size. A unique opportunity to own in one of Banff’s most exclusive locations

501 Buffalo Street, Improvement District No. 09 (Banff)

Courtesy of RE/MAX KEY.

$3,450,000

6 Beds ⋅ 4 Baths ⋅ A2298058 MLS® #

Elevated Mountain Living in a Custom-Built Estate, Perfectly Situated Steps to the Banff Springs Hotel and Scenic Bow River.Experience refined mountain living in this exceptional custom-built residence, perfectly positioned on a premium corner lot in one of Banff’s most sought-after locations. Designed with both elegance and functionality in mind, this stunning home offers 4,776 sq ft of thoughtfully curated living space on 3 levels, ideal for families, entertainers, or those seeking a luxurious alpine escape.The upper level features four spacious bedrooms, creating the perfect family layout, while the main floor showcases a private office, ideal for remote work or quiet retreat. Throughout the home, four fireplaces add warmth and ambiance, complementing the timeless mountain-inspired design.The heart of the home opens to a large, south-facing deck, where you can soak in all-day sun and breathtaking surroundings—perfect for entertaining or relaxing after a day in the mountains.This property also offers a fully developed walkout accessory dwelling unit with two bedrooms, providing excellent flexibility for extended family, guests, or potential rental income.

5 Cascade Court, Improvement District No. 09 (Banff)

Courtesy of RE/MAX KEY.

$4,200,000

8 Beds ⋅ 5 Baths ⋅ A2258433 MLS® #

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.

115 Spray Avenue, Improvement District No. 09 (Banff)

Courtesy of RE/MAX Alpine Realty.

$1,855,000

3 Beds ⋅ 2 Baths ⋅ A2232374 MLS® #

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!

404 Otter Street, Improvement District No. 09 (Banff)

Courtesy of RE/MAX Alpine Realty.

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