Active
BOW VALLEY TRAIL
222, 101 Montane Road , Canmore, AB
$1,522,500
Residential · MLS® A22931433Bedrooms
2Bathrooms
1,188Sq Ft
1Garage
2009Year Built
02 / Overview
PROPERTY OVERVIEW
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,...
03 / Details
PROPERTY DETAILS
Property TypeResidential
Building TypeLow Rise (2-4 stories)
Storeys4
Total Finished Area1,188 sq ft
ZoningBVT-G
HeatingZoned
CoolingNone
ParkingParkade
ExteriorBalcony
Year Built2009
04 / Investment
INVESTMENT ANALYSIS
Est. Monthly Cash Flow-$5,660After mortgage & expenses
Cap Rate0.0%Based on market rents
Cash on Cash Return-22.3%With 20% down payment
Est. Monthly Rent$2,229Based on comparable rentals
Want to run your own numbers?Customize down payment, rates, and rental assumptions
05 / Location
BOW VALLEY TRAIL
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Investment ScoreN/A
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Listed by Christopher Vincent · Sotheby's International Realty Canada