B, 116 Otter, Banff, Alberta

$1,580,000

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5

Beds

4

Baths

1,960

Square feet

0.07

Acres

About B, 116 Otter

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.

Features of B, 116 Otter

MLS® # A2216319
Price $1,580,000
Bedrooms 5
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 1,960
Acres 0.07
Year Built 1989
Type Residential
Sub-Type Semi Detached
Style Back Split, 2 Storey Split
Status Active

Community Information

Address B, 116 Otter
Subdivision NONE
City Banff
County Improvement District No. 09 (Banff)
Province Alberta
Postal Code T1L 1A2

Amenities

Parking Spaces 3
Parking Driveway, Single Garage Attached
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Heating Boiler
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning
Has Basement Yes
Basement Exterior Entry, Finished, Full

Exterior

Exterior Features Private Yard
Lot Description Lawn
Roof Asphalt Shingle
Construction Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed April 30th, 2025
Zoning RNC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Cascade Realty

Listing Map