Property Type: Detached HouseOwnership: Freehold

6823 COLUMBIA RIDGE Drive

Fairmont Hot Springs, BC V0B1L2

$699,000

3 bed3.5 bath2,356 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.46 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,652

Interior

Basement
Full
Heating
Stove, Forced air, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Tile, Carpeted

Exterior & Lot

Exterior features
Wood siding
View
Mountain view

Building

Foundation
Preserved Wood
Roof
Asphalt shingle, Unknown
Water source
Private Utility
Sewer
Septic tank
Parcel ID (PID)
023-500-816

Room Dimensions

RoomLevelDimensions
4pc Ensuite bathSecond level
Primary BedroomSecond level10'7'' x 20'6''
StorageSecond level3'0'' x 10'0''
Recreation roomSecond level20'7'' x 9'6''
4pc BathroomSecond level
2pc BathroomMain level
KitchenMain level14'5'' x 11'0''
Dining nookMain level9'10'' x 8'0''
Dining roomMain level8'0'' x 11'2''
Living roomMain level10'3'' x 17'0''
FoyerMain level10'0'' x 4'5''
BedroomSecond level14'0'' x 14'0''
BedroomMain level6'2'' x 14'0''

Listing Information

MLS®
10386919
Listed
May 11, 2026
Time on market
On the market for 112 days
Data last synced
August 29, 2026

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

Description

**CHARACTER COTTAGE AT THE LAKE** This gorgeous home is located on a large .46 Acre corner lot in the sought after community of Columbia Ridge Estates. Nestled alongside Columbia Lake, Columbia Ridge Country Estates offers private lake access and is located a short drive from Fairmont Hot Springs and the Invermere core. Both levels of this home are beaming with natural light. Featuring: tile and soft carpet flooring throughout, wood burning stove to create a toasty warm living space on cool winter days (or to cook over), upgrades include: newer window coverings, asphalt driveway, dish washer, fridge, washer/dryer, hot water tank, decking, and included shed. Wrap around decking allows for plenty of options when it comes to outdoor entertaining and the front and rear yard are very spacious. The lower level is unfinished and can be completed to add living space or kept as storage space. Enjoy close proximity to the many golf courses of the Columbia Valley, hiking/biking trails, Columbia Lake, Fairmont Hot Springs and much more. Make this your mountain retreat today and start making memories at the lake for many years to come! (id:63159)

Values & Trends

This listing

$297/sqft

Building average

No other active listings in this building

Fairmont/Columbia Lake average

$380/sqft

28 active listing(s)

Parking: Not indicatedStorage 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
Martin Morigeau ElementaryElementary10.1 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)

Mortgage & Ownership Cost Calculator

Minimum required: 6.4% ($44,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$559,200.00
Periodic payment — Principal & Interest (monthly)$3,607.77
Additional monthly expenses (strata, tax, utilities, etc.)$339.00
Total monthly cost$3,946.77
Interest paid over 5-yr term$160,268.33
Balance at end of term$503,002.21

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$44,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,029.80

Cash Needed at Closing

Minimum down payment$44,900
Estimated BC PTT$11,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$58,380

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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