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$ 7,675,000
Est. payment /mo
New
21 & 22, 108 Montane Road Canmore, AB T1W3J2
5,778 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium/Strata
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5778
Square Footage 5,778 sqft
Price per Sqft $1,328
Subdivision Bow Valley Trail
MLS® Listing ID A2340968
Condo Fees $1,636/mo
Year Built 2023
Property Sub-Type Condominium/Strata
Property Description
A remarkable opportunity to own one of Canmore's most distinctive luxury hospitality properties—where an income-producing real estate investment meets the lifestyle and personal enjoyment of a private Rocky Mountain retreat.Built in 2023 and enhanced in 2026, Mercer Clubhouse offers an exceptionally rare eight-bedroom, eight-bathroom configuration encompassing 5,777 sq. ft. Designed to accommodate groups of up to 20 guests, the property is configured as two fully self-contained residences which can be rented as one seamless whole property or two individual units: the five-bedroom Mountain Suite and three-bedroom Valley Suite. This flexibility creates an exceptional setting for extended family gatherings, corporate retreats and groups travelling together—while also providing owners with the opportunity for personal use in the mountains.The scale of the property is matched by its amenities. Two gourmet kitchens, two theatre rooms with wet bars, two private hot tubs, an arcade and games room, dedicated ski and snowboard storage, and expansive outdoor living spaces create a true four-season mountain experience, framed by views of the Three Sisters.For investors, Mercer Clubhouse combines an extraordinarily difficult-to-replicate accommodation format with established revenue. The property generated strong net income at approximately a 9% capitalization rate.Beyond the numbers is the opportunity to own a meaningful foothold in Canmore. Spend time here with family and friends, gather for holidays and milestone celebrations, ski the Canadian Rockies, golf at nearby Silvertip and Stewart Creek, explore the extensive trail network, or walk approximately eight minutes into downtown Canmore for its restaurants, cafés and shops.With Banff National Park at your doorstep, four world-class ski resorts within easy reach and Calgary International Airport approximately 70 minutes away, Mercer Clubhouse offers accessibility alongside an extraordinary mountain setting.Part investm ent. Part private retreat. Entirely Canmore. Mercer Clubhouse presents a rare opportunity to own an income-producing mountain property capable of bringing large groups together in one of Canada's most sought-after recreational destinations.Financial information and additional due diligence materials are available to qualified purchasers upon execution of a confidentiality agreement. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Interior
Heating Forced air, In Floor Heating
Cooling Central air conditioning, See Remarks
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Ownership Condominium/Strata
Virtual Tour https://youtu.be/B2Omoor4lwc?si=IEckOPyuCnaydIFM
Listed by Sotheby's International Realty Canada
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