Property Type: Land / LotOwnership: Freehold

29 VALLEY VISTA Way

Fairmont Hot Springs, BC V0B1L2

$105,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.47 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$100/mo
Annual property tax
$443

Interior

Heating
No heat
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view
Waterfront
Waterfront on creek

Listing Information

MLS®
2478544
Listed
July 19, 2024
Time on market
On the market for 773 days
Data last synced
August 28, 2026

Listing provided by: PG Direct Realty Ltd. · Data source: CREA DDF.

Description

Visit REALTOR website for additional information. Located in Bella Vista Estates, Fairmont, BC, this 0.467-acre lot offers a unique opportunity to embrace natural beauty and outdoor activities. Enjoy views of Columbia Lake and the Rocky Mountains with no building time commitment. Community amenities include a social center, walking trails, and proximity to water activities, golf, skiing, and hiking. Serviced by community water and propane systems, with dedicated storage for boats or RVs, this property invites you to create a personalized haven in a scenic BC locale. (id:63159)

Location Insights

Weather

Nearest station: Invermere

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Martin Morigeau ElementaryElementary14.3 km
Windermere ElementaryElementary21.7 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% ($5,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$84,000.00
Periodic payment — Principal & Interest (monthly)$541.94
Additional monthly expenses (strata, tax, utilities, etc.)$136.92
Total monthly cost$678.86
Interest paid over 5-yr term$24,074.64
Balance at end of term$75,558.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$5,250
Stress test qualifying rate8.09%
Payment you must qualify for$767.04

Cash Needed at Closing

Minimum down payment$5,250
Estimated BC PTT$1,050
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,800

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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