Property Type: Detached HouseOwnership: Freehold

4980 TIMBERSIDE Place

Windermere, BC V0A1K3

$988,000

8 bed6.5 bath2,859 sqftBuilt 2003
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.43 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,870

Interior

Basement
Full
Heating
Baseboard heaters, Forced air, Electric, See remarks
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Hardwood

Exterior & Lot

Exterior features
Wood
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Additional Parking

Room Dimensions

RoomLevelDimensions
LoftSecond level9'0'' x 17'0''
Laundry roomBasement12'5'' x 6'8''
BedroomBasement9'10'' x 10'8''
BedroomBasement11'10'' x 9'10''
Primary BedroomBasement13'0'' x 14'0''
Primary BedroomBasement12'5'' x 16'6''
4pc Ensuite bathMain level
4pc Ensuite bathBasement
BedroomMain level12'0'' x 13'2''
BedroomBasement9'10'' x 11'9''
4pc Ensuite bathMain level
4pc Ensuite bathBasement
BedroomMain level12'0'' x 13'2''
BedroomBasement15'0'' x 8'10''
2pc BathroomMain level
4pc BathroomBasement
Living roomMain level16'0'' x 19'6''
Dining roomMain level15'8'' x 9'2''
PantryMain level8'5'' x 3'0''
KitchenMain level15'0'' x 10'5''

Listing Information

MLS®
10398345
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

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

Description

TIMBER RIDGE!!! The lake cabin you have been waiting for!!! Welcome to 4980 Timberside Place in Timber Ridge Phase 3. With stunning mountain views, this 2003 built eight bedroom + loft home is very close to the gated road down to the private and incredible Timber Ridge Beach and marina. Wrap around deck, lots of timeless natural materials with beautiful hardwood floors, open concept living/dinning/kitchen, cozy central wood burning fireplace. Four of the bedrooms have their own private ensuites and patio doors. Massive 0.43 acre treed lot offers lots of parking and outdoor space! An amazing layout and space for bringing the entire family or even several families together for fun and making memories! Being sold furnished and turnkey and priced below tax assessed value, this offers exceptional value and a great entry point into the Timber Ridge community- your head and heart can agree on this one! But don't hesitate... (id:63159)

Values & Trends

This listing

$346/sqft

Building average

No other active listings in this building

Windermere average

$649/sqft

14 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

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
Open Doors Alternate EducationSecondary3.0 km
J Alfred Laird ElementaryElementary3.4 km
David Thompson SecondarySecondary3.5 km
Eileen Madson Primary SchoolElementary3.5 km
Windermere ElementaryElementary3.8 km
Edgewater ElementaryElementary24.0 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)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($73,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$790,400.00
Periodic payment — Principal & Interest (monthly)$5,099.39
Additional monthly expenses (strata, tax, utilities, etc.)$465.50
Total monthly cost$5,564.89
Interest paid over 5-yr term$226,530.91
Balance at end of term$710,967.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$73,800
Stress test qualifying rate8.09%
Payment you must qualify for$7,029.88

Cash Needed at Closing

Minimum down payment$73,800
Estimated BC PTT$17,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,060

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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