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F, 2 Otter Lane
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Opportunities like this don't come along often. Welcome to 2F Otter Lane, a beautifully renovated three-bedroom, two-bathroom stacked townhome offering 1,367 sq. ft. of bright, thoughtfully designed living space in one of Banff's most desirable residential settings.Tucked up on Tunnel Mountain, this home enjoys a quieter side of Banff while remaining just minutes from downtown amenities, restaurants, trails, and everything that makes mountain living so special. Surrounded by stunning mountain views and natural light, the home feels connected to its surroundings from nearly every room.The interior has been extensively renovated with a modern aesthetic and quality finishes throughout. At the heart of the home is a spacious open-concept living area anchored by a beautiful kitchen featuring a large island, upgraded countertops, ample storage, and plenty of room to gather. Large windows frame the mountain scenery while the adjacent patio offers direct walkout access to the outdoors. The elevated positioning of the home gives the walkout patio a more private feel than a typical ground-floor unit, making it an inviting space to enjoy the outdoors.The spacious primary suite includes a beautifully updated ensuite bathroom, while the second bedroom provides flexibility for family, guests, or a dedicated workspace.One of the most distinctive features of this home is the third bedroom/flex room, which has been configured as a private guest suite with its own exterior entrance, sitting area, and direct access to a bathroom that can be locked off from the main living space for added privacy. Whether accommodating extended family, frequent visitors, or a co-living arrangement, this flexible layout offers options rarely found in Banff condominiums.Additional features include a single-car garage, extensive renovations throughout, exceptional storage, and a layout that balances privacy with connection.For buyers looking to establish themselves in the Banff market without compromising on space, quality, or flexibility, this is a truly exceptional opportunity. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| 3pc Bathroom | 4.92 Ft x 8.33 Ft | |
| 3pc Bathroom | 10.58 Ft x 4.92 Ft | |
| Bedroom | 8.75 Ft x 12.08 Ft | |
| Dining room | 10.92 Ft x 15.33 Ft | |
| Family room | 19.08 Ft x 9.92 Ft | |
| Kitchen | 11.67 Ft x 14.75 Ft | |
| Living room | 15.50 Ft x 13.92 Ft | |
| Primary Bedroom | 14.33 Ft x 11.83 Ft |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
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Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 16, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.