7585 REDSTREAK Road
Radium Hot Springs, BC V0A1M0
$999,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 2.88 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $11,540.46
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10338517
- Listed
- March 13, 2025
- Time on market
- On the market for 537 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Invermere · Data source: CREA DDF.
Description
Outstanding opportunity at the south gateway to Radium Hot Springs. With almost 3 acres and 1200 ft of highway frontage this C-2 zoned parcel allows for a number of different commercial and / or residential uses. Perfect for fast food, gas bar, hotel / motel, or condominium. The current owner has done lot of work to guarantee the full use of the property. Unobstructed elevated views of the Purcell Mountain Range make it a must see for any investor. Ministry of Transportation - 2024 - Annual Average Daily Traffic - 6973 average daily vehicle count. - July / August -10463 avg. (id:63159)
Location Insights
Weather
Nearest station: Invermere
—
—
Tonight
9°
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
41
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
| School | Type | Distance |
|---|---|---|
| Edgewater Elementary | Elementary | 9.8 km |
| Open Doors Alternate Education | Secondary | 12.2 km |
| J Alfred Laird Elementary | Elementary | 12.8 km |
| David Thompson Secondary | Secondary | 13.1 km |
| Eileen Madson Primary School | Elementary | 13.7 km |
| Windermere Elementary | Elementary | 17.9 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 & Eatery219 m
- Rockies Pizzeria338 m
- Radium Family Restaurant · 7513 Main Street West358 m
- Roadhouse Restaurant449 m
- Conrad Kain’s Kitchen + Grill & Asia Nova Lounge485 m
Cafes (2)
- Big Horn Cafe · Main Street West288 m
- Screamers313 m
Grocery (2)
- Radium Mountainside Market · 7546 Main Street East183 m
- Radium Supermart546 m
Parks (2)
- Unnamed343 m
- Rotary Park533 m
Banks & ATMs (1)
- Kootenay Savings · Main Street West326 m
Nearby places data: © OpenStreetMap contributors.
School district: Rocky Mountain (SD6)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.