Property Type: Land / LotOwnership: Freehold

1542 Pine Ridge Mountain Place Lot# 13

Invermere, BC V0A1K0

$184,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.16 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$75/mo
Annual property tax
$932.52

Maintenance Fee Includes

Also included: Other, See Remarks

Interior

Fireplace
None

Restrictions & Policies

Rentals
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10365261
Listed
October 8, 2025
Time on market
On the market for 327 days
Data last synced
August 28, 2026

Listing provided by: MaxWell Rockies Realty · Data source: CREA DDF.

Description

Embrace the mountain lifestyle today. Your dream awaits at Pineridge Mountain Resort! Nestled in a serene cul-de-sac of Phase 1 Pineridge Mountain Resort. The perfect canvas for your forever home or cottage, with no building commitment, providing you the flexibility to plan at your own pace. Fully serviced with town water and sewer right at the lot line, it’s easy to envision your ideal retreat. Step outside and unravel a network of walking and biking trails leading right to downtown Invermere. This community boasts fantastic amenities, including a vibrant playground, fenced dog park, exciting kids' zipline, biking trails, pickleball court, picnic area, and a tranquil waterfall feature. With a quick walk to all school levels, this location perfectly balances leisure and convenience! (id:63159)

Location Insights

Weather

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

3,917

(2021 Census)

+15.5% since 2016

Density: 364.4/km²

Dwellings: 2,238

Median household income: $84,000

After-tax: $75,000

Immigrant population: 11.9%

Top countries of origin (% of total population)

  • United Kingdom3.2% · 125
  • United States of America1.3% · 50
  • Philippines1.1% · 45
  • Germany0.8% · 30
  • Netherlands0.5% · 20
  • Poland0.4% · 15
  • France0.3% · 10
  • South Africa, Republic of0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 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
David Thompson SecondarySecondary590 m
Eileen Madson Primary SchoolElementary691 m
J Alfred Laird ElementaryElementary850 m
Open Doors Alternate EducationSecondary1.8 km
Windermere ElementaryElementary5.8 km
Edgewater ElementaryElementary22.6 km

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

Parks (2)

  • Pineridge Playground554 m
  • Unnamed657 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,200) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$147,200.00
Periodic payment — Principal & Interest (monthly)$949.68
Additional monthly expenses (strata, tax, utilities, etc.)$153.14
Total monthly cost$1,102.82
Interest paid over 5-yr term$42,187.94
Balance at end of term$132,406.88

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,200
Stress test qualifying rate8.09%
Payment you must qualify for$1,344.15

Cash Needed at Closing

Minimum down payment$9,200
Estimated BC PTT$1,840
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,540

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.

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