$1,495,000
FOR SALE

Condo Apartment

Bedrooms: 3Bathrooms: 2
Maintenance Fees: $1,157.53

101 Montane Road #222
Canmore, AB T1W 0G2

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. (id:47421)
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Listed By Sotheby's International Realty Canada
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2293143
Last Updated Apr 08, 2026
Property Summary
Property Type Condo Apartment

More like this:
Maintenance Fees $1,157.53
Community Bow Valley Trail
Price History

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Detailed Information
Bedrooms 3
Bathrooms 2
Amenities Nearby Recreation Nearby
Community Features Pets Allowed With Restrictions
Features See remarks, Parking
Listing Contract Date 2026-03-13
Maintenance Fee Payment Frequency Monthly
Maintenance Fee Type Condominium Amenities, Heat, Insurance, Ground Maintenance, Property Management, Reserve Fund Contributions, Water
Management Company Peka
Municipal ID 0033694720
Ownership Type Condominium/Strata
# of Parking Spaces 1
Plan v
Property Type Single Family
Transaction Type For sale
Zoning Description BVT-G
Building
Amenities Exercise Centre, Swimming, Whirlpool
Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer
Constructed Date 2009
Construction Style (Attachment) Attached
Cooling Type None
Fireplace Present Yes
# of Fireplaces 1
Flooring Type Other
Heating Type Other
Stories Total 4
Total Finished Area 1188 sqft
Type Apartment
Rooms
Room Level Dimensions Notes
4pc BathroomMain level.00 Ft x .00 Ft
5pc BathroomMain level.00 Ft x .00 Ft
BedroomMain level21.50 Ft x 12.83 Ft
BedroomMain level13.17 Ft x 9.33 Ft
Dining roomMain level10.08 Ft x 10.58 Ft
KitchenMain level10.08 Ft x 13.25 Ft
Living roomMain level17.92 Ft x 12.50 Ft
Primary BedroomMain level14.17 Ft x 12.17 Ft
Land
Total Size Unknown
Amenities Recreation Nearby

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