For Sale

101, Montane Road, Alberta, Canmore

3 Beds 2 Bath 1188 Sqft

$1,522,500

About Property

Positioned within the popular Grizzly Lodge at The Lodges of Canmore, this spacious short term rental use, three-bedroom, two-bathroom condominium offers an exceptional opportunity to generate income while owning a retreat in the Canadian Rockies. Offered at $1,450,000 + GST. With 1,188 sqft of single-level living, the residence is thoughtfully configured to accommodate up to eight guests—ideal for the strong demand from visitors exploring Banff National Park, Lake Louise, and the Bow Valley. Recently refreshed with new flooring, lighting, and paint, the home presents a welcoming alpine aesthetic designed for both guest comfort and owner enjoyment. The open living and dining areas extend to a generous private balcony, providing space to relax after a day of skiing, hiking, or exploring the mountains. Two owner lock-offs in the kitchenallow convenient storage of personal items while the property is operating as a vacation rental. For investors, the property offers compelling performance potential with gross pro-forma revenue estimated at approximately $185,000+ annually, supported by Canmore’s thriving year-round tourism market. Guests and owners alike benefit from the resort-style amenities at The Lodges of Canmore, including an outdoor pool, hot tubs, fitness centre, and secure underground parking. From this central location, visitors can walk to Main Street, local shops and restaurants, or access the extensive Bow River trail network just steps away. Combining strong revenue potential with the lifestyle of the Canadian Rockies, this turnkey property offers the rare ability to generate meaningful income while maintaining a personal mountain base for your own escapes to Canmore.

3 Bedrooms
2 Bathrooms
1188 sq ft
Garage
Apartment
Built 2009
Active
Floor
Interior Details
  • See Remarks
Outdoor Details
  • Balcony
MLS Number
239641648
Price
$1,522,500

Bedrooms
3
Bathroom
2

Square Footage
1188 sq ft
Property Type
RES

Community Name
Features
Zoned, In Unit

Parking Space Total
Lot Size
Bathroom Total
2
Bedrooms Total
3

Appliances
Mixed
Cooling Type
None

Constructed Date
2009
Heating Type
Zoned

Pool
Exterior Finish
Apartment-Single Level Unit

Fireplace Present
Yes
Fireplace Total
1

Flooring Type
Other
Foundation Type

Half Bath Total
0
Stories Total

Size Interior
1188
Total Finished Area
1188
Spaces

Details
Parkade
LEVEL
TYPE
LENGTH
WIDTH
DIMENSIONS

Mr. Amandeep Budhail

Call Us

+1 (403) 470-3527

Website

https://www.crown-realty.ca

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