Short Term Rental Income Property in Grizzly Lodge Canmore
- Canmore, Alberta
- $1,495,000 CAD
3 Beds 2 Baths 1,188 Sq.Ft.
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. Offered at $1,450,000 + GST
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.
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Cradled between towering peaks and the winding Bow River, Canmore is a vibrant mountain town where adventure and refinement meet. Located just outside Banff National Park, Canmore is home to a thriving year-round community of about 15,000 full-time residents and 6,000 seasonal homeowners — athletes, artisans, professionals, and families who share a deep appreciation for the mountain lifestyle.
Once a historic coal-mining town founded in 1884, Canmore has evolved into one of Canada’s most desirable mountain destinations. The transformation began after the 1988 Winter Olympics, when the Canmore Nordic Centre hosted cross-country and biathlon events. Today, the town is a hub for world-class recreation, offering skiing, hiking, biking, and cultural events year-round, all framed by the iconic Three Sisters peaks.
Canmore’s real estate landscape is as diverse as its residents. Buyers will find luxury estate homes, modern townhomes, and mountain-inspired condominiums throughout communities such as Spring Creek Mountain Village, Three Sisters Mountain Village, and Silvertip Resort. Established neighbourhoods like Cougar Creek, Larch, The Homesteads, and Lions Park offer family-friendly living, while Prospect Heights, Cairns on the Bow, and South Canmore showcase elegant riverfront properties. For those seeking privacy and seclusion, Rundleview, Harvie Heights, Lac Des Arcs, and Quarry Pines provide serene retreats amid forest and mountain views.
Outdoor recreation is woven into daily life. Residents enjoy three golf courses within town — Silvertip Resort, Canmore Golf Club, and Stewart Creek Golf & Country Club — with Kananaskis, Banff Springs, and Brewster’s Kananaskis Ranch nearby. In winter, skiers and snowboarders are just minutes from Nakiska, Norquay, Sunshine Village, and Lake Louise.
Canmore’s proximity to Calgary (only an hour away) makes it a rare blend of wilderness and connectivity. With high-speed internet, access to global air travel, and a thriving professional community, Canmore has become a haven for those who work remotely yet refuse to compromise on lifestyle.
Whether you’re seeking a permanent home, a mountain retreat, or an investment opportunity, Christopher Vincent and Laura Wright are always available to share their insight into this remarkable community — and to help you find your place in the heart of the Rockies.
Christopher Vincent is an Executive Vice-President of Sales with Sotheby’s International Realty Canada and co-founder of the Vincent & Wright Group, the leading luxury real estate team in Canmore and Banff with over $700 million in career transactions. A Bow Valley resident since 2003, Christopher combines deep market expertise with an authentic...
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Laura Wright is a Senior Vice-President of Sales with Sotheby’s International Realty Canada and co-founder of the Vincent & Wright Group, the Bow Valley’s leading luxury real estate team with over $700 million in transactions. A Canmore and Banff resident for over 25 years, Laura combines extensive local insight, strong negotiation skills, and a...
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