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Eldoria Residences 418 Muskrat St 10 Unit Apartment Building $10,000,000 CAD ($1,000,000 CAD/Unit) 5.04% Cap Rate Banff, AB T1L 1E7

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INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Price $10,000,000 CAD
Price Per Unit $1,000,000 CAD
Sale Type Investment
Cap Rate 5.04%
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Construction Status Under Construction
Building Size 13,960 SF
No. Stories 2
Year Built 2026
Zoning residential multi - residential multi

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 10 - 1,396
Walk Score®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 38704217

  • Date on Market: 2025-12-09

  • Last Updated:

  • Address: 418 Muskrat St, Banff, AB T1L 1E7

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