418 Muskrat St - Apartments FOR SALE


Banff, AB T1L 1E7
$10,000,000 CAD
587-883-4013
418 Muskrat St, Banff, AB for Sale
$10,000,000 CAD
Apartments - FOR SALE
1/21
null | 5.04% Cap Rate

418 Muskrat St
Banff, AB T1L 1E7


HIGHLIGHTS

  • 0% Vacancy rate in Banff
  • $5000+ per unit in rent
  • Turn key ready when construction is complete

OVERVIEW

Eldoria Residences offers a rare and extremely limited opportunity to acquire a fully presold 10-unit townhouse portfolio in the heart of Banff, Alberta. These brand-new 3-bedroom, 2-bathroom homes deliver luxury finishes, modern layouts and private one-car garages all just a 3-minute walk from downtown shops, restaurants, and the natural beauty that defines Banff. From a market and investment standpoint, Banff remains one of Canada’s most stable and supply-constrained real estate ecosystems with very few new developments and consistent demand driven by tourism, seasonal workers, and year-round residents tied to park operations. Long-Term Holdings / Rental Income: Ideal for investors seeking steady income from Banff’s consistently strong rental demand either targeting workforce housing (park employees, staff) or long-term residential tenants. Buy-and-Hold with Value Appreciation: Given Banff’s supply limitations, owning new product in 2025–2026 likely leads to capital appreciation over time as older stock ages and price per square foot in Banff continues to rise. Future Disposition / Partial Sell-Off: Because units are structured uniformly, a buyer could hold some for cash flow and sell others for capital gains — offering flexibility and liquidity. Institutional / Portfolio Diversification: For investors wanting exposure to low-vacancy, high-demand resort/town real estate, Eldoria Residences offers a turnkey, diversified, and geographically unique multi-unit asset — potentially resistant to typical urban market cycles. Contact us today for more information on rental rates and more.

FOR SALE DETAILS

PRICE

$10,000,000 CAD

PRICE/SF

$716 CAD /SF

# OF UNITS

10

PRICE/UNIT

$1,000,000

CAP RATE

5.04%

% LEASED

-

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Eldoria Residences

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

residential multi

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Dean CooperRoyal LePage SolutionsMore Info
587-883-4013

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Dean CooperRoyal LePage SolutionsMore Info
587-883-4013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.