Property Type: Land / LotOwnership: Freehold

2476 CASTLESTONE Drive

Invermere, BC V0A1K6

$75,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$185/mo
Annual property tax
$1,072.37

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10375876
Listed
February 14, 2026
Time on market
On the market for 198 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.

Description

BIG VALUE. BIG VIEWS. SMART OPPORTUNITY. This .195 acre lot in Castlerock is priced at the sharp end of the market, offering standout value in one of Invermere’s most established neighbourhoods. Opportunities like this don’t show up often, especially in a community known for quality homes, mountain views & long-term stability. If this property has been on your radar before, now may be the moment to take a fresh look. There is some site preparation to complete & that’s where the potential really shines. Shape the lot to your vision, position your home intentionally, & design around those beautiful Rocky Mountain views. Castlerock’s building scheme is in place to protect long-term value & maintain the neighbourhood’s strong appeal. Homes must be stick-built (no pre-fab homes), only one residence is permitted per lot & short-term rentals are not permitted - creating a cohesive, well-kept community with a quieter, more residential feel. And then there’s the lifestyle - morning walks through a welcoming, small-town downtown, afternoons on the lake, rounds of golf, endless hiking & biking trails & winters filled with snowy adventures. Recreation here isn’t a weekend plan - it’s everyday life. For buyers thinking strategically, this is an opportunity to secure land at an exceptional price point, surrounded by substantially higher-value homes and build your mountain lifestyle from the ground up. No GST! Book a private tour today! (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.

Nearby Schools

SchoolTypeDistance
Eileen Madson Primary SchoolElementary1.4 km
David Thompson SecondarySecondary2.0 km
J Alfred Laird ElementaryElementary2.3 km
Open Doors Alternate EducationSecondary3.2 km
Windermere ElementaryElementary4.4 km
Edgewater ElementaryElementary24.5 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.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($3,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$60,000.00
Periodic payment — Principal & Interest (monthly)$387.10
Additional monthly expenses (strata, tax, utilities, etc.)$274.36
Total monthly cost$661.46
Interest paid over 5-yr term$17,196.17
Balance at end of term$53,970.19

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$3,750
Stress test qualifying rate8.09%
Payment you must qualify for$547.89

Cash Needed at Closing

Minimum down payment$3,750
Estimated BC PTT$750
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,000

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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