It is located on the exclusive LRT right of way on the east side of Banff Trail NW, 4.1 km (2.5 mi) northwest of the 7 Avenue & 9 Street SW interlocking.

The station is also located east of McMahon Stadium (which features 780 spaces available for commuters), and the Motel Village district, and north-east of the junction of Crowchild Trail and the Trans-Canada Highway.

As part of Calgary Transit's plan to operate four-car CTrains by the end of 2014, all three-car platforms were to be extended.

However, Banff Trail Station was also refurbished in addition to a platform extension.

It features new LED lighting, 16 HD security cameras, heated shelters and a much more user friendly, safer contemporary feel.