5060 Hot Springs Road
Fairmont Hot Springs, BC V0B1L1
$3,800,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 9.88 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $5,317.87
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10387036
- Listed
- May 15, 2026
- Time on market
- On the market for 108 days
- Data last synced
- August 28, 2026
Listing provided by: eXp Realty · Data source: CREA DDF.
Description
9.88 acres of dream development property in sunny Fairmont Hot Springs (South Eastern BC)- near the famous natural hot springs, Lake Windermere, Columbia Lake, Invermere, and Panorama. Approximately 1 hour from Cranbrook and 1.5 hours from Banff/Canmore, this is an incredible area with a lot of untapped potential. The site has stunning views, situated along the length of the 18th fairway of the iconic Mountainside Golf Course. Water, sewer, and hydro services have been installed to the centre of the property. Zoned RES-3 Resort Lodging with a maximum density of 60 units per hectare, there is potential to develop over 200 units! With no development cost charges and almost no offsite servicing costs, the land and development cost per unit is unbelievably low. Bring your dreams and your vision, and create something truly special. (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
11
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 | 17.7 km |
| Martin Morigeau Elementary | Elementary | 19.3 km |
| Eileen Madson Primary School | Elementary | 22.7 km |
| David Thompson Secondary | Secondary | 23.2 km |
| J Alfred Laird Elementary | Elementary | 23.3 km |
| Open Doors Alternate Education | Secondary | 23.6 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 Road500 m
- Fairside Inn · Fairmont Frontage Rd, Fairmont Hot Springs, BC V0B 1L1, Kanada673 m
Grocery (1)
- Fairmont Mountainside Market605 m
Nearby places data: © OpenStreetMap contributors.
School district: Rocky Mountain (SD6)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($760,000) — 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.