Elizabeth Lake Lodge

Investment Overview

The Avison Young National Hospitality Team is pleased to present the opportunity to acquire Elizabeth Lake Lodge, a highly curated boutique hospitality asset located in Cranbrook. This exceptionally well-operated property has evolved from a beloved local retreat into a nationally recognized destination, consistently outperforming market benchmarks in guest satisfaction, online rankings, and revenue growth. The Property has been ranked in the Top 25 Hotels in Canada for 17 consecutive years by Tripadvisor. 

A standout feature of the Property is its par-70 mini-golf course, a rare and highly successful amenity that attracts both overnight guests and the local community. This offering meaningfully enhances activation, diversifies revenue streams, and reinforces the Lodge’s positioning as a destination property rather than a traditional roadside hotel.

The 1,750-square-foot, three-bedroom presents a compelling opportunity for an owner-operator to reside on-site, implement a live-work hospitality model, or convert the space into premium group or extended-stay accommodations to further enhance revenue potential.

Investment Highlights

• 28 fully furnished guestrooms and suites featuring premium Hypnos beds from England
• Fitness centre for guest wellness and longer-stay appeal
• Signature par-70 mini-golf course open to both guests and the public
• 40 on-site parking stalls
• Unobstructed views from guestrooms overlooking the Elizabeth Lake Bird Sanctuary
• One of the only commercial buildings in the Kootenays constructed using ICF (Insulated Concrete Form) from foundation to roofline, delivering superior insulation, durability, and sound attenuation
• Direct adjacency to a protected 250-acre provincial bird sanctuary, ensuring permanent natural views and a highly defensible setting