Active

$4,150,000

115 Spray AvenueBanff, AB T1L 1H1

  • 8 beds
  • 5 baths
  • 3,049 sq ft
  • Detached

Listing courtesy of Sotheby's International Realty Canada · MLS® A2351634

Virtual tour

About this home

Mid-century modern architecture meets contemporary mountain living, framed by the extraordinary landscape of Banff National Park.

Set on an expansive 15,521-square-foot lot in the heart of Banff, 115 Spray Avenue combines the clean lines of mid-century modern architecture with warm, thoughtfully updated interiors. Offering over 4,800 square feet of living space, panoramic mountain views and an exceptional connection to the outdoors, this distinctive residence captures the essence of refined alpine living.

From the street, the home's modernist silhouette makes a striking statement. Inside, contemporary sophistication meets the inviting character of a mountain retreat, creating spaces equally suited to quiet mornings, family gatherings and entertaining.

The main level centres around a welcoming living room and spacious dining area. A luxurious kitchen anchors the home, complemented by a generous pantry and practical mudroom designed for an active mountain lifestyle. The primary suite offers a private sanctuary with a spa-inspired ensuite and walk-in closet, bringing comfort and convenience to everyday living.

Above, five additional bedrooms offer flexibility for family and guests. The defining feature is an expansive balcony capturing breathtaking 360-degree views of Mount Rundle, Cascade Mountain, Sulphur Mountain and Mount Norquay. The surrounding peaks create an ever-changing panorama, connecting the architecture to its remarkable natural setting.

The lower level provides additional versatility with an existing non-conforming, illegal two-bedroom suite, along with dedicated laundry facilities and substantial storage.

Outdoors, the gently sloping lot elevates the home's position and enhances its mountain views. A fenced rear garden creates a private oasis, complete with hot tub and fire pit for evenings beneath the stars and après-ski gatherings.

Beyond the property, Banff offers an extraordinary lifestyle. Morning walks along the Bow River, afternoons skiing, hiking or cycling, and evenings enjoying the town's restaurants and cultural offerings become part of everyday life. Here, the distinction between a mountain holiday and home begins to disappear.

An Exceptional Landholding with Future Development Potential

The property's substantial 15,521-square-foot lot carries RSA: Spray Avenue District zoning, established to accommodate the eventual redevelopment of single-detached properties into medium-density residential housing.

This designation offers compelling long-term possibilities, with triplex, fourplex and multiplex housing identified as permitted uses, while apartment housing and other residential configurations may be considered as discretionary uses, subject to applicable regulations and approvals.

In a community where developable land is exceptionally limited, this property presents a rare combination of immediate residential enjoyment and future redevelopment potential.

Key facts

Type
Detached
Style
3 (or more) Storey
Year built
1964
Living area
3,049 sq ft
Lot
15,521 sq ft
Bedrooms
8 (6 above grade, 2 below)
Bathrooms
4 full, 1 half
Basement
Full, Partially Finished
Parking
Drive Through, 4 spaces total
Price per sq ft
$1,361
Days on market
10
Listed
October 13, 2026
Municipality
Improvement District No. 09 (Banff)

Features

Interior

Features
Beamed Ceilings, Closet Organizers, Double Vanity, Jetted Tub, Kitchen Island, Open Floorplan, Pantry, Recessed Lighting, Soaking Tub, Walk-In Closet(s)
Appliances
Dishwasher, Dryer, Oven-Built-In, Range, Refrigerator, Washer, Window Coverings, Wine Refrigerator
Flooring
Carpet, Hardwood, Tile
Heating
In Floor, Forced Air
Fireplaces
2 (Brick Facing, Living Room, Mantle, Other, Raised Hearth, Wood Burning)
Laundry
Laundry Room, Lower Level
Basement features
Separate/Exterior Entry
Included
2nd Refrigerator, 2nd Dishwasher, 2nd Washer, 2nd Dryer

Suite

Suite
Yes
Details
Basement
Location
Suite Attached/Within Primary Dwelling

Building

Structure
House
Levels
Three Or More
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete

Exterior & lot

Exterior
Balcony, Private Yard
Lot
Lawn, Private, Rectangular Lot, Sloped, Views
Patio / porch
Balcony(s)
Fencing
Partial
Front faces
NE
Lot size
15,521 sq ft
Zoning
RSA

Parking

Total parking
4
Details
Drive Through, Driveway-Circular, Off Street, Unassigned

Condo / HOA

Restrictions
Short Term Rentals Not Allowed
Ownership
Not a Condo

Land & rural

Title
Leasehold

Community

Features
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Rooms

RoomLevelSize
2pc BathroomMain4'11" x 7'10"
5pc Ensuite bathMain9'7" x 16'3"
Dining RoomMain17'5" x 11'4"
FoyerMain9'8" x 7'11"
KitchenMain14'2" x 17'2"
Living RoomMain15'5" x 29'11"
Mud RoomMain11'4" x 8'4"
PantryMain11'4" x 8'6"
BalconyMain10'11" x 28'4"
Covered PorchMain6'3" x 12'5"
Bedroom - PrimaryMain14'11" x 14'2"
Walk-In ClosetMain8'5" x 7'10"
3pc BathroomSecond5'3" x 7'10"
4pc BathroomSecond5'3" x 8'0"
BalconySecond26'4" x 77'10"
BedroomSecond11'5" x 10'7"
BedroomSecond13'11" x 10'2"
BedroomSecond8'10" x 11'9"
BedroomSecond13'11" x 10'4"
BedroomSecond13'10" x 11'9"
StorageSecond8'11" x 6'11"
3pc BathroomBasement10'5" x 7'10"
BedroomBasement13'10" x 10'8"
BedroomBasement14'6" x 11'3"
Eat in KitchenBasement13'1" x 11'6"
LaundryBasement7'7" x 10'11"
Living RoomBasement13'6" x 14'1"
Breakfast NookBasement5'6" x 10'6"
StorageBasement7'7" x 10'9"
StorageBasement13'6" x 17'3"
Furnace/Utility RoomBasement14'8" x 25'6"

Location

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Monthly cost estimate

Estimated monthly payment$19,480
  • Mortgage $19,480

An estimate, not a quote: excludes property tax, home insurance and utilities. Starting rates are the best advertised 5-year fixed rates on October 8, 2026 (nesto.ca, best 5-year fixed); your rate depends on your lender and situation. Minimum down payment under Canadian rules is $830,000.

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Listing last updated: Oct 14, 2026, 7:45 a.m.