$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
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
| Room | Level | Size |
|---|---|---|
| 2pc Bathroom | Main | 4'11" x 7'10" |
| 5pc Ensuite bath | Main | 9'7" x 16'3" |
| Dining Room | Main | 17'5" x 11'4" |
| Foyer | Main | 9'8" x 7'11" |
| Kitchen | Main | 14'2" x 17'2" |
| Living Room | Main | 15'5" x 29'11" |
| Mud Room | Main | 11'4" x 8'4" |
| Pantry | Main | 11'4" x 8'6" |
| Balcony | Main | 10'11" x 28'4" |
| Covered Porch | Main | 6'3" x 12'5" |
| Bedroom - Primary | Main | 14'11" x 14'2" |
| Walk-In Closet | Main | 8'5" x 7'10" |
| 3pc Bathroom | Second | 5'3" x 7'10" |
| 4pc Bathroom | Second | 5'3" x 8'0" |
| Balcony | Second | 26'4" x 77'10" |
| Bedroom | Second | 11'5" x 10'7" |
| Bedroom | Second | 13'11" x 10'2" |
| Bedroom | Second | 8'10" x 11'9" |
| Bedroom | Second | 13'11" x 10'4" |
| Bedroom | Second | 13'10" x 11'9" |
| Storage | Second | 8'11" x 6'11" |
| 3pc Bathroom | Basement | 10'5" x 7'10" |
| Bedroom | Basement | 13'10" x 10'8" |
| Bedroom | Basement | 14'6" x 11'3" |
| Eat in Kitchen | Basement | 13'1" x 11'6" |
| Laundry | Basement | 7'7" x 10'11" |
| Living Room | Basement | 13'6" x 14'1" |
| Breakfast Nook | Basement | 5'6" x 10'6" |
| Storage | Basement | 7'7" x 10'9" |
| Storage | Basement | 13'6" x 17'3" |
| Furnace/Utility Room | Basement | 14'8" x 25'6" |
Location
Monthly cost estimate
- 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.