* Amounts are estimates only. Final payment amounts may vary.
Description
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.
Property details
Basic Info
MLS® #
A2293143
Property Type:
Residential
Subtype:
Apartment
Subdivision:
Bow Valley Trail
Price
$1,522,500
Sale/Lease:
For Sale
Size:
1,188 sq.ft.
Bedrooms:
3
Bathrooms:
2
Year Built:
2009 (17 years old)
Building Info
Structure Type:
Low Rise (2-4 stories)
Building Style:
Apartment-Single Level Unit
Garage:
No
Parking:
Parkade
Fence:
Basement:
No
Features:
See Remarks
Fireplaces:
1
Inclusions:
All furnishings
Appliances:
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Laundry:
In Unit
Exterior Features:
Balcony
Patio/Porch Features:
Balcony(s)
Neighborhood Info
Nearby Amenities:
Pool, Sidewalks
Condo/Association Info
Condo Type:
Conventional Condo
Condo Amenities:
Elevator(s), Fitness Center, Outdoor Pool, Parking, Pool, Spa/Hot Tub, Visitor Parking
Condo Fee:
$1,158
Condo Fee Includes:
Amenities of HOA/Condo, Heat, Insurance, Maintenance Grounds, Professional Management, Reserve Fund Contributions, Snow Removal, Water