Blackstone Mtn Lodge Vacation & Revenue Condo. Luxurious, And Close To All Town Amenities. Great Mountain Views In This Revenue Producing, Fully Furnished 2 Bed 2 Bath Vacation Condo. This Unit Is Currently In The Clique Rental Pool. Zoning Allows...
ROYAL LEPAGE ROCKY MOUNTAIN REALTY
Condos at Blackstone Mountain Lodge are among some of the most sought after real estate in Canmore. Owners enjoy a top tier facility combined with luxurious amenities and a high-income generating rental pool program that consistently produces some of the best rental revenues in town. Located within walking distance to downtown, the hotel is nestled amongst most other Canmore hotel condo developments off Bow Valley Trail.
MLS listings at Blackstone can be scarce as evidenced by the low volume of sales in 2018. Out of a total 131 units in the complex, only 7 owners listed their condos for sale all year. It was a similar story in 2017 when only 6 units changed hands on the real estate market. The net income from rental revenue is among the best in town which, is no doubt one of the reasons owners tend to hang on to these condos. In 2017 the average sale price of a 2-bedroom unit was $404,900 and in 2018 that number rose to $476,406 representing an approximate 15% growth in value in that one year.
Condos at Blackstone are zoned for vacation use only (click HERE for an explanation of various zoning types) meaning that permanent residency is not permitted at the hotel. Suites are available in Bachelor, 1, 2 or 3 bedroom configurations.
If they chose, owners have the option to rent their condo through the hotel rental pool that is professionally managed by Clique. Owners also have the option to self manage the nightly rental of their condo through sites such as AirBnb or VRBO.
MLS®, Realtor®, and the associated logos are trademarks of The Canadian Real Estate Association.