Calgary Real Estate Geek
Home Communities Bow Valley Trail 222-101 Montane Road
$1,459,000 Sold
222-101 Montane Road · Canmore · T1W 0G2
3 bd 2.0 ba 1,188 sqft $1,228/sqft Built 2009
MLS® A2293143 · Listed Mar 13, 2026
Listed by Sotheby's International Realty Canada — Christopher Vincent, Laura Wright
By the numbers

How this listing measures up

$/sqft $1,228
vs Bow Valley Trail median +83% community avg $798K
Sqft per bedroom 396
Year built 2009
Annual taxes $10,357 2026
Bow Valley Trail avg DOM 40d
$/sqft distribution

Where this listing sits in Bow Valley Trail

Of 12 active residential listings in Bow Valley Trail, this property at $1,228/sqft sits in the $1200–1250 range.
$200–$250/sqft · 1 listing $250–$300/sqft · 0 listings $300–$350/sqft · 0 listings $350–$400/sqft · 0 listings $400–$450/sqft · 0 listings $450–$500/sqft · 0 listings $500–$550/sqft · 0 listings $550–$600/sqft · 0 listings $600–$650/sqft · 0 listings $650–$700/sqft · 0 listings $700–$750/sqft · 1 listing $750–$800/sqft · 1 listing $800–$850/sqft · 0 listings $850–$900/sqft · 0 listings $900–$950/sqft · 1 listing $950–$1000/sqft · 0 listings $1000–$1050/sqft · 0 listings $1050–$1100/sqft · 1 listing $1100–$1150/sqft · 0 listings $1150–$1200/sqft · 1 listing $1200–$1250/sqft · 1 listing $1250–$1300/sqft · 0 listings $1300–$1350/sqft · 0 listings $1350–$1400/sqft · 2 listings $1400–$1450/sqft · 1 listing $1450–$1500/sqft · 1 listing $1500–$1550/sqft · 1 listing $200 $300 $400 $500 $600 $700 $800 $900 $1000 $1100 $1200 $1300 $1400 $1500 $1550 This · $1,228
Other active listings This listing's price range This listing

About this property

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

Bedrooms3
Bathrooms2.0
StyleApartment-Single Level Unit
HeatingZoned
CoolingNone
FlooringOther
LevelsSingle Level Unit
Interior featuresSee Remarks
AppliancesDishwasher,Dryer,Electric Stove,Refrigerator,Washer
InclusionsAll furnishings
LaundryIn Unit
Exterior featuresBalcony
PatioBalcony(s)
Year built2009
Construction materialsMixed
Parking featuresParkade
Parking total1
Annual taxes$10,357
Tax year2026
PossessionNegotiable
ZoningBVT-G
TitleFee Simple
RestrictionsShort Term Rentals Allowed
NeighbourhoodBow Valley Trail
Community featuresPool,Sidewalks
List AORCalgary

Location

Sold comparables in Bow Valley Trail

26 recent sales in Bow Valley Trail

VOW members see sold prices, sold dates, and full comparable details. Free registration; takes 30 seconds.

Sign up to see sold data

About Bow Valley Trail

AI-generated summary

A tourism-oriented commercial corridor in Cochrane's gateway that blends highway-side hospitality with scenic Bow River valley views and a transient, resort-town energy.

13 active listings with an average list price of $804,965
Properties are averaging 31 days on market
Strong investment appeal driven by Cochrane's growing tourism traffic along the Trans-Canada corridor
Housing
Dominated by short-term rental condos, hotel-style units, and mixed-use commercial-residential developments suited to investors and hospitality operators.
Transit
Primarily car-dependent with limited local transit options; Highway 1A provides direct access to Cochrane's downtown and Calgary to the east.
Amenities
Well-served by gas stations, fast food, hotels, and highway-facing retail, with the Bow River pathways and natural areas nearby for outdoor recreation.
Who lives here
Investors, short-term rental operators, and hospitality workers drawn by the area's tourism economy and proximity to the Rocky Mountain corridor.
Full Bow Valley Trail community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

Browse Calgary homes by feature

Heritage & Character Homes New Construction Homes Character Homes Homes Near C-Train Legal Suite Homes Backing Onto Park EV Charging Homes Hot Tub Homes River Homes Walkout Basements Luxury Homes Triple Car Garage Just Listed

Similar listings in Bow Valley Trail

Listed by: Sotheby's International Realty Canada — Christopher Vincent, Laura Wright.