2 days on Market

101 Montane Rd #222, Canmore, Alberta T1W 0G2

In the same building:
-
Condo
3
2
~1188.00 sqft
$1,522,500
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Condo
3
2
~1188.00 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$1,281/sqft

Monthly cost

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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

StyleApartment-Single Level Unit
View-
Age of property2009
SqFt~1188.00 SqFt
Lot Size-
Parking Spaces1
MLS ®NumberA2293143
Community NameCanmore
Data SourcePILLAR 9
Listing bySotheby's International Realty Canada

Features

Heating: Zoned

Main Floor

4pc Bathroom

0`0" x 0`0"

Dining Room

10`1" x 10`7"

Kitchen

10`1" x 13`3"

Living Room

17`11" x 12`6"


Features

Patio: Balcony(s)
Balcony: Balcony(s)

Parking

Garage spaces -

Garage type -

Total parking spaces 1


4Story
Amenities

Elevator(s), Fitness Center, Outdoor Pool, Parking, Pool, Spa/Hot Tub

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Mar 13, 2026
ListedActive
$1,522,500
2 days on market
history photo preview31
Listing by pillar 9®
Property listed by Sotheby's International Realty Canada, Brokerage
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Market Data - Canmore

Geo Zone Map ThumbnailCanmore

Strong Seller's Market

View Market Data

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

47 days

Compared to

2025

69 days

2024

54 days

2023

70 days

New Listings

Past 30 days

17 listings

Compared to

2025

12 listings

2024

26 listings

2023

31 listings

Units sold

Past 30 days

27 units

Compared to

2025

14 units

2024

21 units

2023

19 units

Median Sold Price

Past 30 days

$724,500

Compared to

2025

$757,875

2024

$690,000

2023

$761,287


Population and Demographics

Overview

Total population 13667
Average household income $166,202

Age (%)

0 to 19
17%
20 to 34
21%
35 to 49
23%
50 to 64
22%
65 and plus
17%

Household composition (%)

Single family
65%
Single person
28%
Multi person
7%
Multi family
0%

Mother tongue (%)

English
83%
French
5%
Others
4%
Tagalog (Pilipino, Filipino)
3%
Japanese
1%
German
1%
Spanish
1%

House tenancy (%)

Owners
66%
Renters
34%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget