Property Type: Land / LotOwnership: Freehold

5571 93/95 Highway

Fairmont Hot Springs, BC V0B1L2

$624,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
20 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, River view, Valley view, View of water, Ravine view, View (panoramic), Unknown

Listing Information

MLS®
10393677
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Invermere · Data source: CREA DDF.

Description

(Subdivision now completed, see attached title) Welcome to one of the Columbia Valley's most exceptional acreage opportunities. Overlooking the Columbia Valley, this 20-acre, RR2-zoned estate parcel captures breathtaking panoramic views of the Rocky Mountains and Hoodoos while offering outstanding privacy, natural beauty, and direct access to a mountain lifestyle. Bordering Crown land and surrounded by mature forest, this is an extraordinary setting to create a legacy mountain estate. What truly sets this property apart is the extensive work already completed by the current owner. Unlike raw land, this parcel has an approved building site, RDEK approved well completed, hydro at the lot line, completed septic suitability assessment, geotechnical and geohazard investigations, and a survey plan. These significant investments save future owners substantial time, expense, and permitting uncertainty, allowing you to move confidently toward designing and building your dream home. Located just minutes from Fairmont Hot Springs, golf courses, skiing, hiking, mountain biking, fishing, and endless outdoor recreation, this remarkable property offers the perfect balance of seclusion and convenience. Opportunities to purchase a premium acreage of this size, quality, and level of preparation are becoming increasingly rare within the Columbia Valley. Secure your place in this premier recreational destination and bring your vision to life with confidence. (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
Martin Morigeau ElementaryElementary16.7 km
Windermere ElementaryElementary19.2 km
Eileen Madson Primary SchoolElementary23.8 km
David Thompson SecondarySecondary24.4 km
J Alfred Laird ElementaryElementary24.6 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.

School district: Rocky Mountain (SD6)

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Mortgage & Ownership Cost Calculator

Minimum required: 6.0% ($37,490) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$499,920.00
Periodic payment — Principal & Interest (monthly)$3,225.31
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,225.31
Interest paid over 5-yr term$143,278.51
Balance at end of term$449,679.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$37,490
Stress test qualifying rate8.09%
Payment you must qualify for$4,516.98

Cash Needed at Closing

Minimum down payment$37,490
Estimated BC PTT$10,498
Legal / closing costs (typical estimate)$1,500
Total cash needed$49,488

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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