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222, 101 Montane Road, Canmore
2026-03-13
Quick Summary
MLS®#A2293143
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. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Recreation Nearby
Building
- Amenities: Exercise Centre, Swimming, Whirlpool
- Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
- Construction Style: Attached
- Cooling Type: None
- Fireplace: Yes
- Flooring Type: Other
- Interior Size: 1188 sqft
- Building Type: Apartment
- Stories: 4
Features
- Feature: See remarks, Parking
Land
- Land Size: Unknown
Maintenance Fee
- Maintenance Fee: 1157.53
Ownership
- Type: Condominium/Strata
Zoning
- Description: BVT-G
Information entered by Sotheby's International Realty Canada
Listing information last updated on: 2026-03-13 19:42:32
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Your One Percent Realty Commission savings†
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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 3% on the balance + GST. Not all agents charge the same.
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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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