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101, 101 Montane Road
homes for sale · Canmore · Bow Valley Trail
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$956,550

101, 101 Montane Road

Bow Valley Trail, Canmore · MLS® A2352043

221

812 sq ft · Condo · Single Family · built 2009 · 9 days on market

listed by LUKE HOLLAND, Royal LePage Solutions

realtor's description

SHORT TERM RENTALS ALLOWED - CORNER UNIT | MOUNTAIN VIEWS from every window, abundant natural light, and a spacious corner layout make this Canmore condo a standout mountain retreat. Situated just 1 km from downtown, this inviting unit offers added privacy and an airy feel, with windows on multiple sides bringing in sunlight and a refreshing cross breeze. Step onto the balcony to enjoy the stunning mountain scenery, or relax inside where the generous layout feels spacious and comfortable.Positioned away from direct highway exposure, the unit enjoys a quieter setting. Inside, luxury vinyl plank flooring provides style and durability, while a gas fireplace adds warmth and ambiance to the living area. The kitchen features stainless steel appliances and is open to the living room, perfect for guests to enjoy hosting. Updated lighting and a neutral palette complete the welcoming interior.Comfortably accommodating up to six guests, this property comes fully furnished and turnkey ready, with all furnishings, kitchenware, linens, and essentials included. Whether you’re seeking a personal mountain getaway or a short-term rental investment, everything is in place to start enjoying the property from day one.Resort amenities include a year-round heated outdoor pool, three hot tubs, a well-equipped fitness area, and heated underground parking. Nearby walking and biking trails make it easy to enjoy Canmore’s outdoor lifestyle, while shops, restaurants, and two major grocery stores are within easy reach. Banff is approximately a 20-minute drive away.With exceptional views, a comfortable layout, and a convenient Canmore location, this bright corner unit offers an inviting base for mountain living. GST is included in the purchase price. Talk to your accountant about GST deferral options.

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
812 sq ft
parking
1
year built
2009
property tax
$7,524 / yr
strata fee
$794 / mo ($0.98 / sq ft)
strata rules
Pets Allowed
days on market
9
MLS®
A2352043

features

  • No Animal Home
  • No Smoking Home
  • Parking
  • Golf Course Development
  • Lake Privileges
  • Pets Allowed

monthly cost

$5,589/mo
Mortgage $4,168 · Tax $627 · Strata $794

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$4,168/ monthly
loan $765,240
25-year amortization
total interest
$485,039
land title fees
$1,830
transfer + mortgage registration; Alberta has no transfer tax
cash to close
$193,140
down + land title fees
total paid
$1,250,279

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

if you rented it out

rent
$2,420/mo
after all costs
−$3,397/mo
cap rate
1.0%
yearly net rent ÷ price

Costs: mortgage $4,168 · tax $627 · strata $794 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Canmore: CMHC's average there ($2,438) lowered by what new tenants pay against everyone in the province (Alberta centres of 10,000+). (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant).) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

Alberta has no cap on how much rent can rise, but only one increase a year, with three months' written notice for a monthly tenancy. alberta.ca

location

Bow Valley Trail, CanmoreGoogle Maps ↗

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listed by
LUKE HOLLAND
Royal LePage Solutions
call LUKE · 587-883-4013
Powered by: REALTOR.ca
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property tax

about $4,943 a year

The asking price times Canmore's 2026 residential rate of 5.17 per $1,000 (municipal and education).

The listing shows $7,524 a year in property tax.

Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure. Without the city's assessment this uses the asking price, so it's a rough guide.

location

Bow Valley Trail, CanmoreGoogle Maps ↗
Drive times
  • Downtown Canmore1 min
  • Canmore General Hospital2 min
  • Bow Valley College and Learning Centre3 min
  • Canmore Shopping Area3 min
  • Lawrence Grassi Middle4 min
  • Canmore Collegiate High5 min
89

Walkability 89/100 · Very walkable: most errands on foot

Within a 10 minute walk: 1 grocery store, 18 places to eat or drink, 4 cafes, 7 parks and playgrounds, 24 transit stops.

mihom score from OpenStreetMap places, by straight line distance.

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