Fully furnished condo within Halcyon Hot Springs Resort. Freehold ownership. Unit is set up for 4 people with 839 ft2, 2 bathrooms, full kitchen with living/dining area looking out over the lake & covered balcony. Excellent returns. Use personally and/or as an investment.
A rare opportunity (first unit available for re-sale since construction in 2006) to purchase a gorgeous and fully furnished chalet Halcyon Hot Springs Resort.
This spectacular resort is perched on the shores of Arrow Lake offering stunning views with a world class spa, restaurant, and outdoor recreation. Halcyon is world renowned as one of the top spa destinations in British Columbia. Open year-round, Halcyon is home to some of the most restorative hot spring waters you will find in North America. General Frederick Burnham, who owned the “Halcyon Sanitarium” until 1955, believed these waters should be shared with the world.
The unit itself . . . is very well-equipped and set up for up to four people. Approx. 839 ft2 sleeping arrangements features handcrafted King bed in a 5-star master bedroom with en-suite bathroom, along with a pullout queen-sized sofa and full kitchen and private balcony. Access if from the front of the unit with upper level balcony.
The owners of this unit also own the lower level studio suite (11B) which is also for sale (324,900); this is the ideal recreational/investment property which could be used for personal use and enjoy the pools, 5-star dining and excellent outdoor recreation in the area, and while not present make excellent $ returns as it is rented out and under full managed of professionals - 100% hands off. This unit currently brings in a net income of approx. $24k after taxes, strata fees and all expenses.
This unit was selected by the owners as it is the closest to the amenities and hot pools.
It is free hold ownership, not a shared co-op style.
To set up a showing please contact the agent so we can make arrangement to show you the unit in between stays.
Halcyon Hot Springs Resort on Upper Arrow Lake, BC.
10 minutes south of the Galena Bay Ferry Terminal on Highway 23 South, please see maps.
Information about the resort can be found on their website, halcyon-hotsprings.com.
(20 min away)
Slightly more accessible than Revelstoke is the community of Nakusp, only 40 km away and not requiring a ferry for access. Nakusp has a population of 1,600 and offers all your basic amenities. The town has a 3,000 ft paved runway, great schools, a hospital, vet clinic, grocery store, golf course, quaint shops and many other services and a small but vibrant arts community. Nakusp also fronts on Upper Arrow Lake and has a great marina facility and attractive waterfront.
(1 hour away)
Revelstoke is a quaint mountain town located 65 km north of Galena Bay and connected to the same water body as Galena Shores. Coming from Alberta one turns off the Trans-Canada Highway at Revelstoke and then drives south on Highway 23 to the ferry. Revelstoke’s economy is based around tourism, forestry and the rail. The largest growth sector of late is tourism as more and more visitors come for outdoor adventures year-round. Revelstoke Mountain resort has the highest vertical drop in North America and some of the deepest and most consistent snow conditions on earth. With a population of close to 8,000 the town offers all the amenities one requires with two grocery stores, lots of shops, restaurants and cafes, all your professional services, spas, a great hospital with emergency service, two new schools and a picturesque and vibrant western style town core.
In summer the boating on Arrow Lake is fabulous, there are lots of interesting excursions - up the long and fjord like Beaton Arm which extends more than 12 km off the main lake body, kayak along the shores of the lake, visit historical sites such as the ghost town of Arrowhead not too far from the resort, or just zip around the lake in a small aluminum boat stopping at various beaches and combing the shoreline for driftwood. The resort has a beach to laze around and small dock and kayaks and paddle boards available for rent. Fishing is top notch year-round, but best in the fall/winter months with large rainbows 9-15 lbs. a common catch, Dollies are also prevalent, the smaller Kokanee salmon.
There is some nice small hikes around the resort lands and along the shoreline of the lake.
The area has great quadding and dirt biking options on Forestry Roads. For those who want to get into the backcountry even further, there are Forrest Service Roads that take you up amazing mountain valleys. Or for those who are looking for a scenic drive the drive south to Meadow Creek and Kaslo along Trout Lake and the Lardeau River is one of the best in BC. In late April/May the Gerhard rainbow are spawning at the end of Trout Lake and these are the largest trout in the world - a must see! Other summer activities include wildlife watching, hiking, great mountain bike trails or just kick back and enjoy the stunning mountain and lake scenery.
In winter you have some BC’s best snowmobiling nearby, world class heli-skiing and a few backcountry adventure lodges are present in the area. The resturant on site is frequented by the heli-ski companies with tenure in the area. Revelstoke Mountain Resort is approx. 1 hour away and offers amazing powder riding and day cat skiing is available in Trout Lake also an hour away. Some of the best fishing of the year is during the winter months as the lake remains open water year-round. Or what better way to spend a snowy winter day than in a hot spring.
Please see mapping section - all boundaries are approximate.
Please contact the listing REALTOR® to see a copy of the financials for the unit, including all expenses and revenues broken down into 4 quarters.
Strata Fees: $763 per month (2019)
Narrative: Strata Lot 17, Plan NES3292, District Lot 2451, Kootenay Land District, TOGETHER WITH AN INTEREST IN THE COMMON PROPERTY IN PROPORTION TO THE UNIT ENTITLEMENT OF THE STRATA LOT AS SHOWN ON FORM V & AN UNDIVIDED 1/664 SHARE IN LOT 9 PL NEP84154 (SEE PL AS TO LIMITED ACCESS)
Our property descriptions and geographical information are taken from the BC Assessment Authority, Land Titles Office, government maps and other sources. While LandQuest® does not guarantee the information, we believe it to be accurate, but should not be relied upon without verification. This communication is not intended to cause or induce breach of an existing agency agreement.