5056 & 5075 93/95 Highway
Fairmont Hot Springs, BC V0B1L1
$1,500,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 6.32 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $8,000
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10380951
- Listed
- March 27, 2026
- Time on market
- On the market for 157 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.
Description
Prime 6+ acre parcel in Fairmont Hot Springs zoned R-3, offering excellent potential for multi-family or resort-style development. Ideally located just off Highway 93/95, this property benefits from great exposure while still maintaining a private, natural setting surrounded by the beauty of the Columbia Valley. R-3 zoning allows for a variety of higher-density residential options, making this a rare opportunity for developers or investors looking to build townhomes, condos, or a rental-focused project in a growing recreational market. Previously zoned Commercial, so it is definitely a possibility to rezone if interested. Positioned minutes from Fairmont Hot Springs Resort, multiple golf courses, hiking trails, and year-round outdoor activities, this location is highly desirable for both full-time residents and vacation property buyers. The proximity to Invermere and Windermere Lake further enhances its appeal. With limited development land available in the area, strong tourism demand, and increasing interest in the Columbia Valley, this property presents an excellent opportunity to secure a large parcel with flexible zoning and long-term upside. (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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
15
2/9 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 |
|---|---|---|
| Windermere Elementary | Elementary | 17.2 km |
| Martin Morigeau Elementary | Elementary | 19.5 km |
| Eileen Madson Primary School | Elementary | 22.2 km |
| David Thompson Secondary | Secondary | 22.7 km |
| J Alfred Laird Elementary | Elementary | 22.9 km |
| Open Doors Alternate Education | Secondary | 23.2 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 (2)
- Barpa Bill's · 5009 Hot Springs Road293 m
- Fairside Inn · Fairmont Frontage Rd, Fairmont Hot Springs, BC V0B 1L1, Kanada410 m
Grocery (1)
- Fairmont Mountainside Market333 m
Nearby places data: © OpenStreetMap contributors.
School district: Rocky Mountain (SD6)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($300,000) — 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.