Property Type: Land / LotOwnership: Freehold

640 UPPER LAKEVIEW Road Unit# 5

Windermere, BC V0A1K3

$229,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.28 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$240/mo
Annual property tax
$621

Maintenance Fee Includes

Water

Also included: Ground Maintenance, Reserve Fund Contributions, Sewer

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10381906
Listed
April 2, 2026
Time on market
On the market for 151 days
Data last synced
August 28, 2026

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

Description

Set within the Highlands subdivision, this 0.28-acre lot offers an exceptional opportunity to build your dream home with stunning views of Lake Windermere and the Columbia Valley. With a flat building site, you’ll have the unique chance to design a home that captures sunrise and sunset views from nearly every angle—whether it’s the main living areas, bedrooms, or a lake-facing deck. Lots that offer this level of usability, privacy, and panoramic views are rare. Whether you're building a vacation getaway or a year-round residence, the spacious lot allows for a wide range of design options, including generous outdoor living space. Just minutes from Invermere’s town centre and Copper Point Golf Course, the location strikes a perfect balance between quiet surroundings and quick access to recreation, dining, and community amenities. Opportunities like this don’t come up often. No house on the lot, just an AI rendering. (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
Open Doors Alternate EducationSecondary1.7 km
J Alfred Laird ElementaryElementary2.2 km
David Thompson SecondarySecondary2.3 km
Eileen Madson Primary SchoolElementary2.5 km
Windermere ElementaryElementary4.7 km
Edgewater ElementaryElementary23.0 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% ($11,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,200.00
Periodic payment — Principal & Interest (monthly)$1,181.94
Additional monthly expenses (strata, tax, utilities, etc.)$291.75
Total monthly cost$1,473.69
Interest paid over 5-yr term$52,505.65
Balance at end of term$164,788.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,672.88

Cash Needed at Closing

Minimum down payment$11,450
Estimated BC PTT$2,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,530

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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