If you’re visiting Canmore and looking for a hotel or middle-of-the-road lodging, you’ve got plenty of choices.

But if you’re looking for the space and comfort of a luxury townhouse for your short-term stay, you have a better chance of finding a grizzly in a tutu.

And this presents an outstanding opportunity for any discerning investor hoping to dance around the bear market.

Mystic Springs Chalets & Hot Pools, a 44-townhome complex under construction at 140 Kananaskis Way, fills a glaring void in the Banff/Canmore real estate market.

Mystic Springs Chalets & Hot Pools includes 44 investment/vacation units that fill an important niche in Canmore.

“It’s completely unique in the marketplace,” explained David Adelman, vice-president of marketing with Mystic Springs. “There just isn’t any accommodation of this calibre in the vacation/ investment home market.

“You’ve got a spacious, two-bedroom, two-bathroom townhome on the sunny side of the Bow Valley Corridor, and the character of the interior is absolutely gorgeous.

“And everybody’s backyard is a central courtyard with a private hot pool, and water garden that becomes a skating rink in the winter. There’s a large, heated deck, changing facilities and you even get a separate heated storage area outside your door for your skis or boards after a day on the slopes.”

Just as exciting as the architectural excellence and esthetic appeal is the value to the investor.



“It’s the perfect vacation destination, but let’s face it, not too many of us are going to spend more than a few weeks holidaying in the mountains,” Adelman continued.

“So instead of worrying about who or what might be breaking into your beautiful recreational property while you’re back at home in the city, you can relax knowing that your townhouse is creating steady income through rental revenue.”

The kicker is that Mystic Springs Chalets & Hot Pools is run by a highly regarded hotel management company.

Building management courtesy of Bellstar Hotels & Resorts means administrative duties are handled by true professionals who are well aware of the importance of maintaining peak occupancy. (Owners don’t have to worry about the day-to-day operations.)

Bellstar provides co-ordinated marketing campaigns to increase bookings, and their superior service and enhanced reservation system ensure first-time visitors will become repeat customers.

“We are setting a truly unprecedented standard for hospitality in Canmore,” said Leon Algadzis, Bellstar’s vice-president of property development.

“Our focus is on the business objectives of the owners – solid cash returns and significant capital appreciation. In order to achieve those goals, we need to deliver a spectacular resort property and an unmatched level of service.”

The unique character of the Mystic Springs Chalets, which start in the $240s, shines through in three distinct interior themes.

“From the crown mouldings to the quality finishings to the king-size sleigh bed, this is luxury mountain living at its best,” added Algadzis.

“You’ll love it on your vacation, and you’ll love it even more when the high occupancy brings you a regular return on your investment.”

There’s also a Founder’s Suite, in which the builder is sparing no expense in creating the ultimate resort home. It will be reserved for celebrities and dignitaries, but is now open to investors.

A little due diligence reveals why the developer is confident the 44 townhomes at Mystic Springs Chalets and Hot Pools will be scooped up quickly.

On the positive side:

* You get a gorgeous luxury townhouse development in one of the hottest real estate markets in the country.

* The fact Canmore is surrounded by protected national and provincial parks translates to major constraints on future development, which means demand is forever destined to exceed supply.
* Mystic Springs has the rare luxury of being zoned for short-stay accommodation, meaning the owners have an opportunity to create a steady revenue stream by renting out their units throughout the year.

* With its idyllic setting in the Rockies and several world-class golf courses and a wide range of other recreational opportunities (skiing, snowboarding, hiking, biking, mountain climbing, etc.), Canmore is a popular destination for international travellers with an appetite for luxury accommodation.

On the negative side:

* You’ll need to exercise a little more because you won’t get the same intense cardiac workout you receive when you invest in the stock market.

* Your friends will be jealous.

All told, it’s an investment in your lifestyle and economic future that’s worth a good look.

For more information on Mystic Springs Chalets & Hot Pools, call 1.866.446.9784 or visit www.mysticsprings.ca