A 14-room inn in a popular Alberta tourist town is for sale for $10.4M

Oct 9 2026, 10:00 am

If you’re on the hunt for a new business venture, an entire boutique inn is currently for sale in a popular Alberta mountain town.

Listed for $10,395,000, the 14-room inn is located at 1201 Bow Valley Trl. in Canmore and is being sold as a turnkey operation, with experienced management already in place.

The property sits on approximately 15,771 sq. ft. of commercial land and includes guest rooms, wellness amenities, and a dedicated events space.

The listing notes that the events space provides an additional source of revenue for the business and helps attract guests during the middle of the week and quieter parts of the year.

Re/Max Alpine Realty

The property has seen some recent repairs, including upgrades to the boiler and heating system, electrical and fire protection, as well as improvements to the guest areas.

There are 14 dedicated parking stalls on the property, along with additional on-site parking capacity, and there’s potential for the property to grow beyond its current 14 rooms.

A 2026 test fit identified approximately 23,650 square feet of allowable floor area, along with a conceptual plan for a 34-room boutique hotel. Any future development would be subject to the required approvals.

Re/Max Alpine Realty

According to the listing, the inn has demonstrated strong demand during peak season, while still having available inventory during the shoulder season, winter, and midweek.

So, if you’ve ever dreamed of calling a boutique inn your own, this $10.4 million Canmore property might be the right move.

You can find the full listing online.

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