Property Type: Land / LotOwnership: Freehold

4962 SADDLEWOOD Lane

Radium Hot Springs, BC V0A1M0

$219,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.81 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$138/mo
Annual property tax
$1,736.51

Maintenance Fee Includes

GarbageManagement

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

Interior

Fireplace
None

Exterior & Lot

View
View (panoramic)

Listing Information

MLS®
10363719
Listed
September 23, 2025
Time on market
On the market for 342 days
Data last synced
August 28, 2026

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

Description

A truly rare find in the Columbia Valley. This fully serviced acreage lot is inspired by the rugged beauty and wide open skies of the Columbia Valley. The large estate lot has the biggest building envelope in phase 1 of the homesteads and offers a breathtaking site on which to build your custom mountain/ranch styled home. Located at the community's southern most point, the location offers true tranquility and privacy. This estate lot offers no building commitment and allows the owner to select the builder of their choosing. This is an amazing investment opportunity within the Village of Radium Hot Springs. (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 ElementaryElementary8.1 km
Open Doors Alternate EducationSecondary14.0 km
J Alfred Laird ElementaryElementary14.7 km
David Thompson SecondarySecondary14.9 km
Eileen Madson Primary SchoolElementary15.5 km
Windermere ElementaryElementary19.7 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($10,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$175,920.00
Periodic payment — Principal & Interest (monthly)$1,134.98
Additional monthly expenses (strata, tax, utilities, etc.)$283.04
Total monthly cost$1,418.02
Interest paid over 5-yr term$50,419.18
Balance at end of term$158,240.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,995
Stress test qualifying rate8.09%
Payment you must qualify for$1,606.41

Cash Needed at Closing

Minimum down payment$10,995
Estimated BC PTT$2,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,893

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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