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Listed price in listed location currency (CAD).
$3,525,000

000

MLS® A2279199

  • Key Facts
  • Description
  • Map

Key Facts

Type Hotel-Motel
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 3
Approx. Age 1987
MLS® Number A2279199

Property Address: 137 Muskrat St, Banff, AB, T1L1H1

Average square foot calculated using Size range provided by listing agent.

Description

Positioned just moments from Banff Avenue, 137 Muskrat Street represents a scarce opportunity to acquire a fully licensed B&B Inn in one of Canada’s most tightly regulated resort markets. Operating as a whole-home accommodation, the property currently offers six guest rooms, with potential to expand to eight, complemented by a dedicated on-site manager’s suite—an operational advantage that supports both efficiency and long-term scalability. Spanning approximately 4, 036 sq. Ft., the residence is thoughtfully configured to meet the expectations of today’s discerning travellers while maintaining the warmth and authenticity that define a successful Rocky Mountain inn. The home has been carefully maintained and professionally managed, benefiting directly from Banff’s resilient, year-round tourism economy driven by global leisure travel, outdoor recreation, and limited accommodation supply. The location is a key differentiator. Guests enjoy walkable access to Banff’s shops, dining, and cultural amenities, while being quietly set on an established residential street—an increasingly rare balance in the town’s hospitality landscape. Proximity to trail networks and the broader Banff National Park further enhances its appeal to international and repeat visitors alike. For investors, this is a turn-key hospitality asset in a market where new licenses are exceptionally difficult to obtain; this property being one of only eight. For owner-operators, it offers the rare ability to live and work in one of the world’s most recognizable mountain destinations. In a town defined by supply constraints and global demand, 137 Muskrat Street stands out as a compelling, income-producing real estate opportunity in the Banff market.
MLS® NumberA2279199
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1987
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

All appliances, furnishings, chattels, artwork, housewares and electronics

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 15, 2026List Date
$3,525,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
137 Muskrat St, Banff, AB

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