Positioned within the popular Grizzly Lodge at The Lodges of Canmore, this spacious three-bedroom, two-bathroom condominium offers an exceptional opportunity to generate income while owning a retreat in the Canadian Rockies. 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:2493)
Data was last updated March 13, 2026 at 03:15 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$1,210,125
Min list price:
$35,900
Max list price:
$1,853,250
Avg days on market:
34
Min days on market:
1
Max days on market:
186
Avg price per sq.ft.:
$1,759.91
These statistics are generated based on the current listing's property type
and located in
Bow Valley Trail. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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