Parks Canada is selling off two residential lots for development in the national park townsite.
The federal agency is receiving sealed proposals until May 15 for those interested in entering into a lease for the right to “lease, use, occupy, develop and maintain” two non-serviced lots at 240 and 242 Marmot Crescent for a minimum of $500,000 and $550,000.
“Parks Canada did not have any plans for the empty lots,” wrote Lara Seward-Guenette, Parks Canada’s acting realty manager, in an email statement. “We will use the money from the sale to reinvest into the park … to help fund a variety of projects in Banff.”
One lot, known as lot 9, is 765.99 square metres, with a frontage of 12.48 metres, while the second parcel, known as lot 8, is 844.61 square metres and measures 14.94 metres across the front of the property.
Variances from the Town of Banff would need to be obtained prior to any development because the Land Use Bylaw indicates a minimum lot width of 15 metres.
Darren Enns, senior planner with Town of Banff’s planning and development department, said the two land parcels are in the Marmot-Rundle (RMR) land use district.
“Essentially, a potential developer is looking at duplex or single family development as the most likely scenario in this area,” he said.
