With increasing demand, strong occupancy rates, and impressive revenue performance, investors are seeing consistent returns on their properties. The town’s appeal as a four-season destination—offering world-class skiing in the winter and mountain biking, hiking, and adventure tourism in the summer—ensures a steady stream of visitors year-round.
Recent data from Hive & Co. Property Management highlights the strength of the market, particularly for two-bedroom units. These properties continue to generate solid returns with high occupancy rates and premium nightly rates:
✔ Occupancy Rate: 88.51%
✔ Average Booking Window: 121.12 days (guests are planning their stays well in advance).
✔ RevPAR (Revenue Per Available Room): $308.23
✔ ADR (Average Daily Rate): $348.26
With a nearly 90% occupancy rate, investors are experiencing minimal vacancy and steady revenue. The average guest stay of 5.12 nights further reinforces Revelstoke’s ability to attract longer bookings, reducing turnover and operational costs for property owners.
With Revelstoke’s short-term rental market thriving, several new developments are offering exciting opportunities for investors who want to capitalize on the area’s growth.
Powerhouse Road
Discover a rare opportunity to own a multi-use property on Powerhouse Road, offering a blend of commercial, industrial, and residential possibilities with flexible zoning options. The spacious ground floor commercial bay is perfect for industrial or commercial ventures, while the second floor presents the potential for residential accommodation or vacation rentals, providing a unique opportunity for both personal and business use.
Powerhouse Road is ideal for those looking for a versatile space, whether you need secure storage for recreation equipment or a base for your business. These properties are designed with flexibility in mind, allowing you to take full advantage of the zoning for business, recreation, and living.
Currently, Phase 4 is now selling, featuring 11 units with floorplans ranging from 2-3 bedrooms. This development is a perfect fit for those seeking an investment property or a place to call home, all while benefiting from the convenience of being located on Powerhouse Road.
Starting at $930,000.
Another sought-after development is Mackenzie Village, a growing residential community offering condos and townhomes just minutes from Revelstoke Mountain Resort. Many of these units allow short-term rentals, providing investors with another excellent opportunity to generate income in a high-demand market.
Mackenzie Village has already proven to be a strong performer, with past units selling quickly and attracting both homeowners and investors. The combination of modern alpine-style design, close proximity to amenities, and flexible rental options makes this development a standout choice for those looking to invest in Revelstoke’s booming vacation rental market.
The proposed Benchlands Residences, a highly anticipated project from Revelstoke Mountain Resort, could feature a combination of townhomes, condos, and estate lots along Nichol Road, adjacent to the Cabot Revelstoke golf course. These properties are designed with modern mountain architecture and offer breathtaking views of the Monashee Mountains and the golf course.
Most notably, Benchlands is expected to be zoned for short-term rentals, giving owners the option to participate in a rental management program and benefit from a professionally managed rental pool. Larger townhomes may even include mortgage-helper suites, enhancing their appeal as investment opportunities. With Revelstoke Mountain Resort launching its own rental management program, Benchlands owners could also tap into the marketing power of the RMR brand, offering a competitive edge in the rental market.
Renderings Courtesy of Revelstoke Mountain Resort. Final design and details may vary.
The combination of increasing visitor numbers, high occupancy rates, and new developments designed for short-term rentals makes now an ideal time to invest in Revelstoke. Whether you’re looking at an existing vacation rental or a new build in Benchlands or Mackenzie Village, there are multiple opportunities to generate strong returns.
If you’re interested in learning more about investment opportunities in Revelstoke, let’s connect!
A big thank you to Hive & Co. Property Management for always providing top-tier property management services and for sharing their Q1 data, which helps us gain insight into Revelstoke’s thriving short-term rental market. Their expertise and commitment continue to support investors in maximizing their rental income and ensuring the best guest experiences.
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