Banff

Rainbow Avenue District

Residential leasehold

Banff land is leased from Parks Canada. A non-resident can hold a leasehold, but people living there must meet eligible-residency rules. Residential leaseholds cannot serve as vacation or second homes. Check the consent process for an assignment or commercial sublease before agreeing to dates.

Parks Canada residency requirements · Leasehold transactions

The Town's land use map identifies Rainbow Avenue District with code RRA. Municipal addresses inside this district include Park Ave and Rainbow Ave.

Make an inventory of fixtures and improvements that will remain on completion and attach relevant permits. Verify the occupancy and lease information before comparing the property with homes on neighbouring streets.

Request a home valuation

Area source · Town district map · Parks Canada realty services · Parks Canada occupancy rules

Local map

Municipal land use district