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    Marketing British Columbia to the World®
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    Fully Furnished Investment Condo - Halcyon Hot Springs Resort, BC

    Kootenays Listing No. 22048

    Fully furnished condo at Halcyon Hot Springs Resort. Freehold ownership. 839 ft2 on main level with a storage & utility area below. Total size 1,100 ft2. 2 bathrooms, full kitchen & open living/dining area & covered balcony.


    Price
    $505,000

    Size
    See Property Info

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    Description

    A rare opportunity to purchase a gorgeous and fully furnished chalet at Halcyon Hot Springs Resort. This is the only unit on the lakeside of the road and the premier unit at the resort. In total there are only 7 privately owned chalets/condos.

    This spectacular resort is perched on the shores of Arrow Lake offering stunning views with a world class spa, restaurant, and outdoor recreation to which owners and guests have access. If you are not aware, Halcyon is a world-renowned as one of the top spa destinations in British Columbia and home to some of the most restorative hot spring waters you will find in North America.

    The unit itself is very well-equipped and laid out over a spacious 839 ft2 on main floor plus a lakeside balcony/BBQ area. The lower level has lots of secure storage via a closet and large utility/storage/laundry room. The ideal setup to store your personal items between rentals. Sleeping arrangements feature a 5-star master suite with a king bed and massive en-suite bathroom with soaker tub and separate shower. The main living area has an open living, dining, and kitchen with access out to the private covered deck where you can enjoy the sunsets. A second powder room sits off the entry where there is a stairway to the lower-level storage area. There is another privately owned unit on the lower level with access from the lakeside of the building.

    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 have it professionally managed/100% hands off and stress free. The current owners are very satisfied with the returns and passive income.

    Video tour provided. Unit is often booked with guests so lots of notice required for showings.

    Size

    1,100 ft2 (839 ft2 on main floor plus stairs to storage/laundry below).

    Location

    Halcyon Hot Springs Resort on Upper Arrow Lake, BC.

    Notable Travel Times
    • 25 minutes to Nakusp, BC
    • 10 minutes to Galena Bay Ferry Terminal
    • Approx. an hour with ferry crossing to Revelstoke

    Access

    10 minutes south of the Galena Bay Ferry Terminal on Highway 23 South, please see maps. This unit is labeled 11A and is the first unit to see when leaving the main lodge building and the only one on the lake side of the road.

    Area Data

    Halcyon Resort

    Information about the resort can be found on their website, halcyon-hotsprings.com.

    Nakusp

    (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.

    Revelstoke

    (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.

    Recreation

    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 restaurant 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.

    Boundaries

    Please see mapping section (all boundaries are approximate).

    Investment Features

    Please contact the listing REALTOR® to see a copy of the financials for the unit. Net profits after all costs and taxes are in the range of $15k and remember it is also available for your personal use and benefit between bookings.

    Services

    Radiant in floor heat, gas fireplace, power, community septic and water, communication package, no cell service.

    Improvements

    1,100 ft2 in total. 839 ft2 on main floor and then a storage area below.

    Tax Details

    $2,080 (2021)

    Zoning

    No zoning.

    Legal

    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)
    PID 027-221-750

    Maps & Plans

    Map01

    Maps & Plans

    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.

    Location