222, 101 Montane Road , Canmore, Alberta

$1,495,000

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3

Beds

2

Baths

1,188

Square feet

About 222, 101 Montane Road

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.

Features of 222, 101 Montane Road

MLS® # A2293143
Price $1,495,000
Bedrooms 3
Bathrooms 2.00
Full Baths 2
Square Footage 1,188
Year Built 2009
Type Residential
Sub-Type Apartment
Style Apartment-Single Level Unit
Status Active

Community Information

Address 222, 101 Montane Road
Subdivision Bow Valley Trail
City Canmore
County Bighorn No. 8, M.D. of
Province Alberta
Postal Code T1W 0G2

Amenities

Amenities Elevator(s), Fitness Center, Outdoor Pool, Parking, Pool, Spa/Hot Tub, Visitor Parking
Parking Spaces 1
Parking Parkade
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Heating Zoned
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas
# of Stories 4
Has Basement No

Exterior

Exterior Features Balcony
Construction Mixed

Additional Information

Date Listed March 13th, 2026
Days on Market 32
Zoning BVT-G
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSotheby's International Realty Canada

Listing Map

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