Property Type: Detached HouseOwnership: Freehold

8381 RICHARDSON Crescent

Canal Flats, BC V0B1B0

$1,999,999

7 bed5 bath12 parking4,544 sqftBuilt 2001
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.44 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,421

Interior

Heating
Baseboard heaters, Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

Waterfront
Waterfront on lake

Parking

Total spaces
12 — covered indicated
Features
Attached Garage, RV, Street, Additional Parking

Room Dimensions

RoomLevelDimensions
FoyerMain level7'0'' x 14'0''
Laundry roomMain level6'6'' x 7'0''
StorageBasement9'0'' x 13'0''
Games roomBasement15'0'' x 20'0''
Family roomBasement17'0'' x 25'8''
Dining roomMain level9'6'' x 14'0''
OtherSecond level19'0'' x 39'8''
BedroomSecond level14'8'' x 15'7''
BedroomSecond level12'0'' x 14'6''
BedroomSecond level12'0'' x 14'0''
BedroomBasement10'0'' x 10'10''
BedroomBasement12'6'' x 13'6''
BedroomMain level10'2'' x 10'8''
5pc BathroomSecond level6'0'' x 9'0''
4pc BathroomSecond level8'0'' x 8'2''
3pc BathroomBasement4'10'' x 9'0''
4pc Ensuite bathMain level7'0'' x 9'0''
3pc BathroomMain level5'6'' x 6'2''
Primary BedroomMain level14'0'' x 12'10''
Living roomMain level16'2'' x 15'0''
KitchenMain level14'0'' x 15'6''

Listing Information

MLS®
10387785
Listed
May 15, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

Listing provided by: Easy List Realty · Data source: CREA DDF.

Description

*** For more information, please click Brochure button. *** Columbia Lake Waterfront Retreat Nestled on the pristine quiet south end of Columbia Lake in the sought-after development of Eagles Nest Estates near Canal Flats. On approximately 112 feet of waterfront, this exceptional lakefront retreat offers over 4,500 sq. ft. of living space, 7 bedrooms, 5 full bathrooms and endless opportunities for recreation and relaxation. The oversized four-car garage provides ample room for vehicles, boats and recreational equipment. Designed for gathering family and friends, the home features expansive lake and mountain views, multiple entertaining areas, two games rooms, and spacious decks perfect for enjoying morning coffee or evening sunsets overlooking the Purcell Mountain Range. Columbia Lake’s calm waters and minimal powerboat traffic create an ideal setting for boating, kayaking, SUP, sailing, swimming, and fishing. Quick access to world-class golf, skiing, hiking, mountain biking, hot springs, and numerous lakes and parks makes this a true four-season destination. Conveniently located near both the Canadian Rockies International Airport in Cranbrook and the Fairmont Hot Springs airstrip. This property is well suited as a full-time residence, luxury getaway, potential vacation rental or a bed and breakfast opportunity. Recent upgrades include new appliances (2025), new roof (2025), and new A/C (2024). (id:63159)

Values & Trends

This listing

$440/sqft

Building average

No other active listings in this building

Canal Flats average

$346/sqft

9 active listing(s)

Parking: 12 stall(s) includedStorage 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

802

(2021 Census)

+20.1% since 2016

Density: 72.4/km²

Dwellings: 470

Median household income: $71,500

After-tax: $65,000

Immigrant population: 4.7%

Top countries of origin (% of total population)

  • United States of America1.2% · 10
  • United Kingdom1.2% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

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
Martin Morigeau ElementaryElementary2.3 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

Parks (1)

  • Tilley Memorial Park441 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($400,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,599,999.00
Periodic payment — Principal & Interest (monthly)$10,322.65
Additional monthly expenses (strata, tax, utilities, etc.)$845.42
Total monthly cost$11,168.07
Interest paid over 5-yr term$458,564.31
Balance at end of term$1,439,204.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$400,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,303.43

Cash Needed at Closing

Minimum down payment$400,000
Estimated BC PTT$38,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,500

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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