Property Type: Land / LotOwnership: Freehold

5113 Riverview Close Lot# 41

Fairmont Hot Springs, BC V0B1L1

$125,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.26 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$509.89

Interior

Fireplace
None

Listing Information

MLS®
10387055
Listed
May 13, 2026
Time on market
On the market for 110 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.

Description

Secure your place within the prestigious Riverside Golf Resort, with this 0.26-acre residential lot at 5113 Riverview Close. Lot 41 directly borders the 10th hole of the Riverside Golf Course, offering a premier location for golf enthusiasts and investors alike, either as the location for a second home or for full-time living. The lot features a gentle slope rolling down from hole 10 to Riverview Close, a peaceful cul-de-sac situated nicely off the beaten path. Suitable for diverse building plans, this lot has a unique pie-shaped layout that provides a generous build area. With utilities available at the property line, this site simplifies the transition from planning to construction and is ready for immediate development. Living here means unparalleled access to recreation. A brief 5 minute walk takes you down to the Resort clubhouse, where you can enjoy dining, pro-shop services, and social amenities. Beyond the fairways, you are just minutes from the Fairmont Hot Springs, local hiking and biking trails, and the mountains of the Columbia Valley. The entrance to the Columbia Lake Provincial Park is also close by, giving access to stunning scenery and the joys of nature, and the Columbia River is on your doorstep for rafting and canoeing adventures. You will be spoilt for choice! Don’t miss this great opportunity to build a custom home, on a golf-course lot, in a sought-after community! A life of adventure awaits you - call your Realtor today! (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.

Nearby Schools

SchoolTypeDistance
Windermere ElementaryElementary17.6 km
Martin Morigeau ElementaryElementary19.0 km
Eileen Madson Primary SchoolElementary22.5 km
David Thompson SecondarySecondary23.0 km
J Alfred Laird ElementaryElementary23.2 km
Open Doors Alternate EducationSecondary23.5 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$100,000.00
Periodic payment — Principal & Interest (monthly)$645.17
Additional monthly expenses (strata, tax, utilities, etc.)$42.49
Total monthly cost$687.66
Interest paid over 5-yr term$28,660.29
Balance at end of term$89,950.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,250
Stress test qualifying rate8.09%
Payment you must qualify for$913.15

Cash Needed at Closing

Minimum down payment$6,250
Estimated BC PTT$1,250
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,000

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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