Property Type: Condo / ApartmentOwnership: Strata

7291 PROSPECTOR Avenue Unit# 501

Radium Hot Springs, BC V0A1M0

$299,000

2 bed2 bath1,093 sqftBuilt 2011
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$245/mo
Annual property tax
$0

Maintenance Fee Includes

GarbageManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions

Interior

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

Exterior & Lot

Exterior features
Other

Building

Roof
Asphalt shingle, Unknown

Room Dimensions

RoomLevelDimensions
4pc Ensuite bathMain level
Primary BedroomMain level12'0'' x 16'2''
BedroomMain level9'2'' x 10'2''
Laundry roomMain level5'5'' x 8'4''
FoyerMain level5'8'' x 4'5''
4pc BathroomMain level
Dining roomMain level6'8'' x 10'0''
KitchenMain level10'7'' x 10'0''
Living roomMain level16'3'' x 14'7''

Listing Information

MLS®
10382408
Listed
April 7, 2026
Time on market
On the market for 146 days
Data last synced
August 28, 2026

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

Description

1 Year Condo Fees Paid for you! Welcome to this beautifully finished 2-bedroom, 2 bathroom, new condo, offered fully furnished and NO GST, making it an exceptional opportunity for a full-time residence, weekend escape, or investment property. Thoughtfully designed with comfortable living spaces and quality finishes throughout, this condo delivers both style and convenience. The main living area is warm and inviting with a cozy fireplace, offering plenty of room to relax or entertain. It has an open living area, with modern kitchen, breakfast nook and dining area allowing everyone to be together. At the back of the condo, a balcony provides the ideal space for barbecuing, lounging, and enjoying the fresh mountain air with a view. It also features partial coverage for comfortable use on rainy days. The primary bedroom features a spacious layout complete with a large ensuite, including a double vanity, a sleek glass shower, and a relaxing corner drop-in soaking tub. The bathroom showcases elegant tile flooring, while the rest of the condo features durable, modern vinyl flooring. The primary bedroom also includes a private walkout, perfect for enjoying your morning coffee, sunshine, or fresh air in a peaceful setting. Move-in ready, fully furnished, and beautifully finished, this condo is an excellent opportunity in today’s market. (id:63159)

Values & Trends

This listing

$274/sqft

Building average

$279/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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Edgewater ElementaryElementary8.5 km
Open Doors Alternate EducationSecondary13.6 km
J Alfred Laird ElementaryElementary14.2 km
David Thompson SecondarySecondary14.4 km
Eileen Madson Primary SchoolElementary15.1 km
Windermere ElementaryElementary19.3 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.

Nearby Places

Restaurants (2)

  • Leo Burrito781 m
  • The Old Salzburg Resterant · 4943 Highway 95795 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$300.00
Total monthly cost$1,843.24
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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