Property Type: Land / LotOwnership: Freehold

4915 Saddlewood Lane

Radium Hot Springs, BC V0A1M0

$265,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
1.39 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$138/mo
Annual property tax
$2,000

Maintenance Fee Includes

Management

Also included: Insurance, Other, See Remarks, Reserve Fund Contributions

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, View (panoramic)

Listing Information

MLS®
10388239
Listed
May 23, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: CIR Realty · Data source: CREA DDF.

Description

Create the mountain home you’ve always envisioned in the sought-after community of Elk Park Ranch. This impressive 1.39-acre corner parcel showcases stunning Rocky Mountain views, a quiet natural backdrop, and the privacy you’ve been searching for. Featuring a level building site with ample space for a custom home that provides and unobstructed view of the mountains. The property is governed by an architectural building scheme designed to preserve the character and beauty of the area. With no required timeline to begin construction, you can plan and build when the time is right for you. Perfect as a future full-time residence or a peaceful weekend escape, this property combines the serenity of country living with convenient access to nearby amenities. A rare opportunity to secure a premium lot in one of Elk Park Ranch’s most desirable settings. Reach out today for more info! (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.

Population

1,339

(2021 Census)

+72.6% since 2016

Density: 211.2/km²

Dwellings: 1,366

Median household income: $81,000

After-tax: $73,500

Immigrant population: 16.5%

Top countries of origin (% of total population)

  • Philippines4.5% · 60
  • United Kingdom4.1% · 55
  • Germany1.5% · 20
  • United States of America1.1% · 15
  • Netherlands0.7% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Edgewater ElementaryElementary7.9 km
Open Doors Alternate EducationSecondary14.1 km
J Alfred Laird ElementaryElementary14.7 km
David Thompson SecondarySecondary15.0 km
Eileen Madson Primary SchoolElementary15.6 km
Windermere ElementaryElementary19.9 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% ($13,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$212,000.00
Periodic payment — Principal & Interest (monthly)$1,367.75
Additional monthly expenses (strata, tax, utilities, etc.)$305.00
Total monthly cost$1,672.75
Interest paid over 5-yr term$60,759.81
Balance at end of term$190,694.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,250
Stress test qualifying rate8.09%
Payment you must qualify for$1,935.87

Cash Needed at Closing

Minimum down payment$13,250
Estimated BC PTT$3,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,050

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