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101 Montane Road , #222

Canmore, AB T1W 0G2
  • $1,459,000
  • STATUS: Active
  • ID#: A2293143
UPDATED: 149 min ago
$1,459,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,188
    SQFT
  • $1,228
    $/SQFT
Neighbourhood:
Type:
Condo
Built:
2009
Area:

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.

Monthly Payment Calculator

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2026-06-10T00:30:41.2.
www.teamshillington.ca/homes/174052660
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101 Montane Road , #222 Canmore, AB T1W 0G2

  • Price: $1,459,000
  • Status: Active
  • On Site: Days
  • Updated: 149 min ago
  • ID#: A2293143
3
Beds
2
Baths
0
½ Baths
N/A
Acres
1,188
SQFT
$1,228
$/SQFT
2009
Built
Neighbourhood:
Bow Valley Trail
Area:
Bighorn
Property 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.
Exterior Features

Architectural Style Apartment-Single Level Unit Construction Materials Mixed Entry Level 1 Exterior Features Balcony Garage YN No Levels Single Level Unit Parking Features Parkade Parking Total 1 Patio And Porch Features Balcony(s) Structure Type Low Rise (2-4 stories) Unit Exposure N

Interior Features

Bedrooms Above Grade 3 Common Walls 2+ Common Walls Cooling None Ensuite YN Yes Fireplace Features Gas Fireplaces Total 1 Five Piece Bath 0 Five Piece Ensuite Bath 1 Flooring Other Four Piece Bath 1 Four Piece Ensuite Bath 0 Heating Zoned Interior Features See Remarks Laundry Features In Unit Rooms 4pc Bathroom (Main) 5pc Ensuite bath (Main) Bedroom (Main) Bedroom (Main) Dining Room (Main) Kitchen (Main) Living Room (Main) Bedroom - Primary (Main) Rooms Above Grade 6 Six Piece Bath 0 Six Piece Ensuite Bath 0 Three Piece Bath 0 Three Piece Ensuite Bath 0 Two Piece Bath 0 Two Piece Ensuite Bath 0

Property Features

Additional Parcels YN No Association Amenities Elevator(s)Fitness CenterOutdoor PoolParkingPoolSpa/Hot TubVisitor Parking Association Fee 1157.53 Association Fee Frequency Monthly Association Fee Includes Amenities of HOA/CondoHeatInsuranceMaintenance GroundsProfessional ManagementReserve Fund ContributionsSnow RemovalWater Association YN Yes Association2 YN No Community Features PoolSidewalks Condo Type Conventional Condo Direction Faces N Inclusions All furnishings New Construction YN No One Piece Bath 0 Parking Plan Type Unassigned Pets Allowed Restrictions Property Sub Type Apartment Title Land Fee Simple Transaction Type For Sale Zoning BVT-G

Listing provided courtesy of Sotheby's International Realty Canada. © 2026 Pillar 9™. All Rights Reserved.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: 2026-06-10T00:30:41.2.
 
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