Property Type: Land / LotOwnership: Freehold

7567 & 7575 Main Street W

Radium Hot Springs, BC V0A1M0

$1,200,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.69 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$12,427.04

Interior

Fireplace
None

Listing Information

MLS®
10389213
Listed
June 4, 2026
Time on market
On the market for 88 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

AMAZING COMMERCIAL OPPORTUNITY! With 29,918 sq. ft. (0.69 acres) of prime development land, this is one of the most compelling commercial sites in Radium Hot Springs. Positioned along Highway 93/95, virtually every vehicle entering or leaving the Columbia Valley passes by, while the walkable location, abundant parking potential, and exceptional access from roads on three sides plus a laneway on the fourth create endless possibilities. The C-1 Main Street Mixed Use zoning allows for a wide range of commercial and mixed-use development, including retail, restaurants, professional offices, tourist accommodation, and residential uses integrated into upper floors. The zoning permits site coverage up to 100% and building heights of up to three storeys, maximizing the development potential of this highly visible property. The site is flat, vacant, and ready for your vision, with no demolition costs, no concerns about previous fuel sales, and excellent utilization of the land. Opportunities like this rarely come available in the heart of Radium Hot Springs. Build something remarkable, create a lasting legacy, and make a smart investment in the future of the Columbia Valley. (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.

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

48

5/9 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 ElementaryElementary9.8 km
Open Doors Alternate EducationSecondary12.3 km
J Alfred Laird ElementaryElementary12.9 km
David Thompson SecondarySecondary13.1 km
Eileen Madson Primary SchoolElementary13.8 km
Windermere ElementaryElementary18.0 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.

Nearby Places

Restaurants (5+)

  • Horsethief Creek Pub & Eatery198 m
  • Radium Family Restaurant · 7513 Main Street West272 m
  • Rockies Pizzeria286 m
  • Conrad Kain’s Kitchen + Grill & Asia Nova Lounge395 m
  • Roadhouse Restaurant398 m

Cafes (2)

  • Big Horn Cafe · Main Street West200 m
  • Screamers264 m

Grocery (2)

  • Radium Mountainside Market · 7546 Main Street East177 m
  • Radium Supermart486 m

Parks (2)

  • Unnamed207 m
  • Rotary Park447 m

Banks & ATMs (1)

  • Kootenay Savings · Main Street West240 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

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Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$1,035.59
Total monthly cost$7,229.18
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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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