Property Type: Condo / ApartmentOwnership: Strata

5155 FAIRWAY Drive Unit# 703

Fairmont Hot Springs, BC V0B1L1

$399,900

3 bed3.5 bath2 parking2,212 sqftBuilt 1993
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Amenities

Also listed: Cable TV

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$942/mo
Annual property tax
$1,913.18

Maintenance Fee Includes

GarbageManagementHeat

Also included: Cable TV, Ground Maintenance, Insurance, Reserve Fund Contributions

Interior

Basement
Full
Heating
Baseboard heaters, Electric
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Tile, Laminate, Carpeted, Linoleum

Exterior & Lot

Exterior features
Stone, Wood siding
View
Mountain view

Building

Roof
Cedar shake, Unknown

Parking

Total spaces
2 — uncovered indicated
Features
Street, Additional Parking

Room Dimensions

RoomLevelDimensions
KitchenBasement5' x 17'
BedroomBasement12'10'' x 16'2''
Recreation roomBasement14'3'' x 30'0''
BedroomBasement12'2'' x 15'7''
Laundry roomBasement7'4'' x 8'6''
2pc BathroomMain level7'4'' x 8'9''
4pc BathroomBasement4'11'' x 8'10''
4pc Ensuite bathMain level10'3'' x 9'5''
Dining roomMain level13'5'' x 15'11''
Primary BedroomMain level13'2'' x 13'2''
Living roomMain level18'1'' x 18'10''
KitchenMain level11'10'' x 18'1''

Listing Information

MLS®
10398103
Listed
August 20, 2026
Time on market
On the market for 11 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Blue Sky Realty · Data source: CREA DDF.

Description

*3 YEARS OF REDUCED CONDO FEES!* Great condo right in the heart of Fairmont Hot Springs Resort. This super clean, well maintained 3 bed 3 bath condo also has potential to provide you with 2 rentable units, a 2 bed 2 bath and a 1 bed 1 bath unit both with separate access. This is the perfect weekend getaway, great for a family, retirees & golf enthusiasts! Nicely kept with some recent updates and a great layout. Strata fee includes exterior/yard maintenance, snow removal, on-site trash bins & structural insurance. The Seller will pay $300 per month towards the condo fees for 3 years on an accepted deal. Book your showing today and don't miss out on this great deal. (id:63159)

Values & Trends

This listing

$181/sqft

Building average

No other active listings in this building

Fairmont/Columbia Lake average

$334/sqft

11 active listing(s)

Parking: 2 stall(s) includedStorage 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
Windermere ElementaryElementary18.2 km
Martin Morigeau ElementaryElementary18.7 km
Eileen Madson Primary SchoolElementary23.1 km
David Thompson SecondarySecondary23.7 km
J Alfred Laird ElementaryElementary23.8 km
Open Doors Alternate EducationSecondary24.1 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.

School district: Rocky Mountain (SD6)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($19,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$319,920.00
Periodic payment — Principal & Interest (monthly)$2,064.02
Additional monthly expenses (strata, tax, utilities, etc.)$1,212.64
Total monthly cost$3,276.66
Interest paid over 5-yr term$91,689.99
Balance at end of term$287,769.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$19,995
Stress test qualifying rate8.09%
Payment you must qualify for$2,921.34

Cash Needed at Closing

Minimum down payment$19,995
Estimated BC PTT$5,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$27,493

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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