Property Type: Condo / ApartmentOwnership: Strata

7291 PROSPECTOR Avenue Unit# 105

Radium Hot Springs, BC V0A1M0

$569,000

4 bed3.5 bath2,307 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
Apartment
Stories
2

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$476/mo
Annual property tax
$2,755.15

Interior

Heating
Heat Pump, Baseboard heaters
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Tile, Vinyl

Exterior & Lot

View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Restrictions & Policies

Pets
Allowed with restrictions

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Family roomSecond level11'1'' x 15'5''
4pc BathroomMain level
Laundry roomMain level8'8'' x 9'0''
BedroomMain level14'2'' x 12'4''
BedroomMain level13'1'' x 16'1''
BedroomMain level13'1'' x 9'6''
FoyerMain level6'9'' x 6'0''
2pc BathroomMain level
4pc Ensuite bathMain level
Primary BedroomMain level17'0'' x 14'11''
KitchenMain level10'8'' x 10'0''
Dining roomMain level9'5'' x 10'3''
Living roomMain level20'0'' x 15'9''

Listing Information

MLS®
10336122
Listed
February 22, 2025
Time on market
On the market for 555 days
Data last synced
August 28, 2026

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

Description

The Pines at Radium - Brand new Penthouse unit has you at the north end of Radium, with beautiful mountain / valley views and less than a 10 minute walk to downtown village amenities. You will be treated to a luxurious ambience of upgraded stainless steel appliances through out, a contemporary kitchen with premium quartz counter top with a waterfall edge on the peninsula island, and superior kitchen features such as functional pull out pantry cabinets. The bathrooms are upgraded with a spa tub, porcelain tile flooring / shower walls, quartz countertop vanities, pearl toilets and matt black hardware. With time you will come to appreciate the superior construction quality of SIP panels that offer better insulation, and acoustic transmission and reduced utility consumption. If you would like to treat yourself to something better you owe to yourself to check out the The Pines at Radium. (id:63159)

Values & Trends

This listing

$247/sqft

Building average

$288/sqft

3 active listing(s)

Radium Hot Springs average

$231/sqft

39 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.

Population

1,339

(2021 Census)

+72.6% since 2016

Density: 211.2/km²

Dwellings: 1,366

Median household income: $81,000

After-tax: $73,500

Immigrant population: 16.5%

Top countries of origin (% of total population)

  • Philippines4.5% · 60
  • United Kingdom4.1% · 55
  • Germany1.5% · 20
  • United States of America1.1% · 15
  • Netherlands0.7% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Edgewater ElementaryElementary8.4 km
Open Doors Alternate EducationSecondary13.7 km
J Alfred Laird ElementaryElementary14.3 km
David Thompson SecondarySecondary14.5 km
Eileen Madson Primary SchoolElementary15.2 km
Windermere ElementaryElementary19.4 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: 5.6% ($31,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$455,200.00
Periodic payment — Principal & Interest (monthly)$2,936.80
Additional monthly expenses (strata, tax, utilities, etc.)$820.69
Total monthly cost$3,757.48
Interest paid over 5-yr term$130,461.63
Balance at end of term$409,453.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,130.11

Cash Needed at Closing

Minimum down payment$31,900
Estimated BC PTT$9,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,780

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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