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Beaver Street Cabins Banff | B&B Inn

  • Banff, AB
  • $5,450,000 CAD

ABOUT

Situated on two full town lots in the core of Banff, Alberta—one of Canada’s most iconic national park destinations—Beaver Street Cabins presents a singular opportunity for investors seeking both stability and upside in a tightly held market. This legal, B&B Inn licensed hospitality property is forecast to generate $414,000 in net revenue for 2025 delivering a favourable cap rate in a world renowned resort market. What sets this property apart is its status as one of only eight of B&B Inns licensed in the Town of Banff—an increasingly rare asset due to tightened municipal regulations. The current configuration offers steady income from a collection of well-maintained heritage cabins with kitchenettes, beloved by international visitors year-round; currently the cabins have the capacity for 20 guests in one and two bedroom arrangements. Visitors from around the globe visit to ski, hike, explore the mountains, and visit Banff Avenue which is just steps away. In addition to the guest spaces, there is a residential unit for an onsite owner or manager. Beyond its existing income stream, the real potential lies in the site’s approved redevelopment pathway. Backed by over $200,000 in architectural planning and consultations with the Town, future owners have the ability to reimagine the property—retaining a single historic structure while rebuilding the remainder to modern boutique hospitality standards. With zoning and licensing already in place, the groundwork has been laid for a one-of-a-kind repositioning. For investors looking to diversify their portfolio with a high-performing, lifestyle-aligned asset in a location with significant barriers to entry, Beaver Street Cabins is a generational acquisition.

Situated on two full town lots in the core of Banff, Alberta—one of Canada’s most iconic national park destinations—Beaver Street Cabins presents a singular opportunity for investors seeking both stability and upside in a tightly held market. This legal, B&B Inn licensed hospitality property is forecast to generate $414,000 in net revenue for 2025 delivering a favourable cap rate in a world renowned resort market.

What sets this property apart is its status as one of only eight of B&B Inns licensed in the Town of Banff—an increasingly rare asset due to tightened municipal regulations. The current configuration offers steady income from a collection of well-maintained heritage cabins with kitchenettes, beloved by international visitors year-round; currently the cabins have the capacity for 20 guests in one and two bedroom arrangements. Visitors from around the globe visit to ski, hike, explore the mountains, and visit Banff Avenue which is just steps away. In addition to the guest spaces, there is a residential unit for an onsite owner or manager.

Beyond its existing income stream, the real potential lies in the site’s approved redevelopment pathway. Backed by over $200,000 in architectural planning and consultations with the Town, future owners have the ability to reimagine the property—retaining a single historic structure while rebuilding the remainder to modern boutique hospitality standards. With zoning and licensing already in place, the groundwork has been laid for a one-of-a-kind repositioning.

For investors looking to diversify their portfolio with a high-performing, lifestyle-aligned asset in a location with significant barriers to entry, Beaver Street Cabins is a generational acquisition.

Situated on two full town lots in the core of Banff, Alberta—one of Canada’s most iconic national park destinations—Beaver Street Cabins presents a singular opportunity for investors seeking both stability and upside in a tightly held market. This legal, B&B Inn licensed hospitality property is forecast to generate $414,000 in net revenue for 2025 delivering a favourable cap rate in a world renowned resort market. What sets this property apart is its status as one of only eight of B&B Inns licensed in the Town of Banff—an increasingly rare asset due to tightened municipal regulations. The current configuration offers steady income from a collection of well-maintained heritage cabins with kitchenettes, beloved by international visitors year-round; currently the cabins have the capacity for 20 guests in one and two bedroom arrangements. Visitors from around the globe visit to ski, hike, explore the mountains, and visit Banff Avenue which is just steps away. In addition to the guest spaces, there is a residential unit for an onsite owner or manager. Beyond its existing income stream, the real potential lies in the site’s approved redevelopment pathway. Backed by over $200,000 in architectural planning and consultations with the Town, future owners have the ability to reimagine the property—retaining a single historic structure while rebuilding the remainder to modern boutique hospitality standards. With zoning and licensing already in place, the groundwork has been laid for a one-of-a-kind repositioning. For investors looking to diversify their portfolio with a high-performing, lifestyle-aligned asset in a location with significant barriers to entry, Beaver Street Cabins is a generational acquisition.
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12

12

Total Bedrooms

9

9

Total Bathrooms

10,450

10,450

Sq.Ft.

Lot Size

image

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Schedule a Tour

We would love to show you our beautiful property. Please select your preferred date and time below. An agent will be in touch shortly to confirm your appointment.

Thank you for your interest in 218 & 220 Beaver Street, Banff, AB, Canada. We are reviewing your request and will be in touch shortly!
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01

Interior

Total Bedrooms

12

Total Bathrooms

9

Full Bathrooms

9
01

Exterior & Building

Water Source

Town

Lot Features

Flat
01

Lot & Area

Status

For Sale

Total Area

3,225 Sq.Ft.

Lot Size

10,450 Sq.Ft.

MLS® ID

A2226003

Type

Commercial

Neighborhood

Banff

Lifestyles

Ski, Mountain, Historic
01

Finance

Sales Price

$5,450,000 CAD

Real Estate Taxes

$24,289 CAD/yr

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Explore

Banff

Canada's first National Park and world famous mountain town.

Welcome to Banff

In 1883, three railroad workers stumbled upon some hot springs at the base of Sulphur Mountain and the rest is history. In 1885, Banff became Canada’s first national park with the charming town of Banff located in the heart of it. This mountain town of about 8,000 residents is truly world-famous and a joy to call home. Residency is limited by Parks Canada “Need to Reside Clause” as one is regulated to either own a business or be working in the National Park. When one is buying a home or any real estate transaction in Banff, be it a townhouse, house, condominium, apartment, or lot in Banff, it is important to understand this clause.
 
With tourism as the main industry, many people commute between Banff and Canmore daily. Banff is home to the Banff Centre for the Arts, the Fairmont Banff Springs, Parks Canada, and many other hotels and restaurants.
 
The lifestyle that comes with living in Banff is second to none; skiing, golf, hiking, biking, and fishing all lay at your doorstep. With a nightlife that consists of casual pints, fine dining, live music, skating on the river, theater, or the arts there is always something happening in town. The world-famous Banff Springs Golf Course is right in town and Mount Norquay Ski Resort is at the end of town. Sunshine Village and Lake Louise ski resorts are a quick drive west of town and offer world-class alpine skiing.
 
Banff is like few other places to call home. Want to know more about living in Banff, buying a home, or real estate in Banff? Christopher and Laura look forward to chatting with you, you can contact them here.
Welcome to Banff In 1883, three railroad workers stumbled upon some hot springs at the base of Sulphur Mountain and the rest is history. In 1885, Banff became Canada’s first national park with the charming town of Banff located in the heart of it. This mountain town of about 8,000 residents is truly world-famous and a joy to call home. Residency is limited by Parks Canada “Need to Reside Clause” as one is regulated to either own a business or be working in the National Park. When one is buying a home or any real estate transaction in Banff, be it a townhouse, house, condominium, apartment, or lot in Banff, it is important to understand this clause. With tourism as the main industry, many people commute between Banff and Canmore daily. Banff is home to the Banff Centre for the Arts, the Fairmont Banff Springs, Parks Canada, and many other hotels and restaurants. The lifestyle that comes with living in Banff is second to none; skiing, golf, hiking, biking, and fishing all lay at your doorstep. With a nightlife that consists of casual pints, fine dining, live music, skating on the river, theater, or the arts there is always something happening in town. The world-famous Banff Springs Golf Course is right in town and Mount Norquay Ski Resort is at the end of town. Sunshine Village and Lake Louise ski resorts are a quick drive west of town and offer world-class alpine skiing. Banff is like few other places to call home. Want to know more about living in Banff, buying a home, or real estate in Banff? Christopher and Laura look forward to chatting with you, you can contact them here.
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Christopher Vincent

EM

Christopher Vincent

Senior Vice-President | Sales

Chris prides himself on his knowledge of the Canmore and Banff real estate markets.

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Laura Wright

EM

Laura Wright

Senior Vice-President | Sales

Her passion for real estate and desire to help others keeps her going strong.

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