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Canmore condos dip under $200,000

Expensive Canmore isn't looking so expensive these days if you're shopping for real estate.

Expensive Canmore isn't looking so expensive these days if you're shopping for real estate. While local ads still offer single-family homes in the mountain town for well over $1 million, the posted price for units in one local condo project has fallen to under $200,000 - something hard to imagine three or four years ago.

One-bedroom units in the Lodges at Canmore, a project whose final phase was completed in 2010, are now on the market for $194,000. Two-bedroom units start at $224,000 in the Deveonian Properties project.


from Western Investor January 2012