Property Type: Land / LotOwnership: Freehold

101 ASPEN Drive Unit# A

Sparwood, BC V0B1G0

$1,926,250

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
2.42 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$8,678

Interior

Heating
No heat
Fireplace
None

Listing Information

MLS®
2474553
Listed
January 11, 2024
Time on market
On the market for 963 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Fernie) · Data source: CREA DDF.

Description

A remarkable location and opportunity on a very busy intersection of Hwy 3 and Hwy 43 in Sparwood British Columbia. Watch for a major upgrade to the Highway intersection and for major office buildings to be constructed nearby. lf high traffic and high visibility are key criteria for your business don't miss out on this property. Perfect for a new Hotel/Motel. Property is sold as one 2.4 acre site. (id:63159)

Location Insights

Weather

Mainly Sunny

12°C

Mainly Sunny

Humidity 69%

Wind E 10 km/h

Tonight

Tuesday

26°

Tuesday night

Wednesday

21°

Wednesday night

Thursday

18°

Source: Environment and Climate Change Canada.

Population

4,148

(2021 Census)

+9.6% since 2016

Density: 21.7/km²

Dwellings: 2,183

Median household income: $112,000

After-tax: $93,000

Immigrant population: 6.3%

Top countries of origin (% of total population)

  • United Kingdom0.8% · 35
  • United States of America0.6% · 25
  • Poland0.4% · 15
  • Philippines0.4% · 15
  • Germany0.2% · 10
  • Netherlands0.2% · 10
  • South Africa, Republic of0.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

59

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Sparwood SecondaryElementary791 m
Frank J Mitchell ElementaryElementary894 m

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (1)

  • Unnamed472 m

Cafes (1)

  • Tim Hortons · 100C Aspen Drive141 m

Grocery (1)

  • Overwaitea Foods377 m

Parks (1)

  • Unnamed408 m

Shopping (1)

  • Greenwood Mall321 m

Pharmacies (2)

  • Unnamed292 m
  • Pharmasave · 107 Centennial Square388 m

Banks & ATMs (2)

  • East Kootenay Credit Union144 m
  • RBC306 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($385,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,541,000.00
Periodic payment — Principal & Interest (monthly)$9,942.01
Additional monthly expenses (strata, tax, utilities, etc.)$723.17
Total monthly cost$10,665.18
Interest paid over 5-yr term$441,655.03
Balance at end of term$1,386,134.48

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$385,250
Stress test qualifying rate8.09%
Payment you must qualify for$11,849.75

Cash Needed at Closing

Minimum down payment$385,250
Estimated BC PTT$36,525
Legal / closing costs (typical estimate)$1,500
Total cash needed$423,275

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information