B, 116 Otter, Banff

$1,580,000

5 Beds
4 Baths
1,960 Sqft
.07 Acres
1 Garages

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.

Essential Information
MLS® #A2216319
Price$1,580,000
Bedrooms5
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,960
Acres0.07
Year Built1989
TypeResidential
Sub-TypeSemi Detached
StyleBack Split, 2 Storey Split
StatusActive
Community Information
AddressB, 116 Otter
SubdivisionNONE
CityBanff
ProvinceAlberta
Postal CodeT1L 1A2
County

Improvement District No. 09 (Banff)

Amenities
Parking Spaces3
# of Garages1
Parking

Driveway, Single Garage Attached

Interior
Interior FeaturesSee Remarks
HeatingBoiler
CoolingNone
Has BasementYes
BasementExterior Entry, Finished, Full
FireplaceYes
# of Fireplaces1
FireplacesWood Burning
Appliances

Dishwasher, Dryer, Electric Stove, Refrigerator, Washer

Exterior
Exterior FeaturesPrivate Yard
Lot DescriptionLawn
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Additional Information
ZoningRNC
Listing Details
OfficeRE/MAX Cascade Realty
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