4980 BAILLIE GROHMAN Avenue
Canal Flats, BC V0B1B0
$5,999,999
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 73.06 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $54,386.82
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10394304
- Listed
- July 17, 2026
- Time on market
- On the market for 45 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.
Description
4980 Baillie Grohman Avenue presents a truly unique opportunity to acquire one of the most versatile and strategically located parcels in the Columbia Valley. With Master Planned Mixed-Use zoning and over 2,000 feet of Highway 93/95 frontage, this property offers exceptional exposure, flexibility, and development potential unlike anything else currently available in Canal Flats. Designed to support a wide range of commercial, residential, recreational, and tourism-oriented uses, this zoning creates the opportunity to bring an ambitious vision to life. Potential permitted uses include mixed-use development, multi-unit residential, tourist accommodation, retail, office, food and beverage services, breweries and distilleries, farmers markets, indoor recreation and entertainment, art galleries and studios, museums, education facilities, daycare centers, health and medical services, horticulture, vehicle sales and service, and more. With its expansive acreage, exceptional highway exposure, and flexible zoning framework, this property is ideally suited for developers, investors, and visionaries looking to create a destination, community hub, or large-scale mixed-use project in a growing region. Opportunities of this scale, location, and zoning flexibility are exceptionally rare. This property offers the space, visibility, and potential to shape the future of Canal Flats. (id:63159)
Location Insights
Weather
Nearest station: Invermere
—
—
Tonight
9°
Tuesday
27°
Tuesday night
13°
Wednesday
22°
Wednesday night
10°
Thursday
18°
Source: Environment and Climate Change Canada.
Population
802
(2021 Census)
+20.1% since 2016
Density: 72.4/km²
Dwellings: 470
Median household income: $71,500
After-tax: $65,000
Immigrant population: 4.7%
Top countries of origin (% of total population)
- United States of America1.2% · 10
- United Kingdom1.2% · 10
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
7
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
| School | Type | Distance |
|---|---|---|
| Martin Morigeau Elementary | Elementary | 1.1 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
Restaurants (1)
- Canal Flats Family Pantry · 8953 Arbuckle Street413 m
Nearby places data: © OpenStreetMap contributors.
School district: Rocky Mountain (SD6)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,200,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.