You know, the one right next to Banff National Park, with six world-class golf courses, and three major ski hills.

“The nice thing about it that makes it all tick is there is a restricted land base and a huge demand,” says Calvin Buss, President and C.E.O. of the Millennium Group.

Traditionally, Canmore’s real estate has gone up 14 per cent a year in the last four years, while Calgary’s real estate has gone up about eight per cent annually. But in the last 12 months, Calgary real estate prices have gone up 46 to 48 per cent. Canmore’s prices are expected to do the same thing. The reasons for this dramatic jump? Money is pouring into oil-rich Calgary and disposable incomes are at an all time high.

“Calgary is going to be the leading economic engine of North America over the next 20 years. We’ve had developers from all across Canada and the U.S. buying up big blocks of land for big condo developments – up to 1,000 to 1,500 units at a time because they feel this is where they want to have a play over the next five years, and now they are looking at the Canmore area.”

So what better place to invest than CopperStone Resort?

Situated along the rustic banks of the Bow River, as the third largest resort in the Bow Valley corridor, CopperStone sits on four picturesque acres with one acre set aside for courtyard and resort activities. Besides lots of walking trails amongst the wilderness, there is a year-round outdoor heated pool and hot tub, climbing wall, miniature basketball/hockey court, waterfall and stream with a kid’s splash pond, fire pit, barbecue area, and ice skating in the courtyard. Not only that, jump in your car and you are five minutes to the center of Canmore.

The facility itself offers 275 one-, two- and three-bedroom bungalow or two-story condominiums ranging from 685 to 3,000 square feet. Units are priced from $300,000 to $1.3 million, with 70 per cent already sold.

“It’s on the scale of the Rimrock or the Banff Springs,” adds Buss. “It’s going to be a world-class resort. Central air conditioning, fireplaces, granite countertops, stainless steel appliances, natural stone backsplash – it will have all the things that you would expect in a first-class resort.” Kitchen plans are well laid out, and there is an in-suite laundry, patio barbecue, and high-speed Internet connection.

CopperStone also offers a full hotel component with a huge two-story hotel grand lobby, heated underground parking, games room with billiards and ping pong, 24-hour concierge and check-in, 24-hour security, fitness facility, maid service, meeting and board rooms, and a casual restaurant/bistro with an outdoor patio to enjoy the alpine setting.

What makes CopperStone unique is its hotel setting. What that means to an owner is when you are not using your condominium, you have the option of putting it into the hotel rental pool where it can generate revenue while you’re not there. And you can expect Canmore real estate to escalate in value in line with Calgary’s, which offers the added benefit of a potentially sound financial asset.

To sum up, Buss describes CopperStone as a “resort property with things to do, wilderness to walk in, first-class finishing, and hopefully good investment potential and revenue every day you’re not using it.”  CL

For more information visit http://www.copperstoneresort.com