Property Type: Land / LotOwnership: Freehold

8397 RICHARDSON Crescent

Canal Flats, BC V0B1B0

$769,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.53 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$4,048

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)
Waterfront
Waterfront on lake

Listing Information

MLS®
10361925
Listed
September 5, 2025
Time on market
On the market for 360 days
Data last synced
August 28, 2026

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

Description

Now is your chance to purchase a lakefront lot on Columbia Lake in the desirable Eagle Nest Estates! Enjoy the stunning lake and mountain views from this spacious 0.53 acre lot! Enjoy the lake right out your front door or stroll over to the nearby provincial park where you will find a boat launch, beach area and green space! This property is being sold as land only - The current home will need to be removed. There is a septic tank and field in place (800 gallon tank, 200 drain field). Hydro service and town water service on lot. Geo-tech report available. Do not miss your chance to build your dream home! (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

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 ElementaryElementary2.2 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 Park391 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($51,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$615,200.00
Periodic payment — Principal & Interest (monthly)$3,969.06
Additional monthly expenses (strata, tax, utilities, etc.)$337.33
Total monthly cost$4,306.39
Interest paid over 5-yr term$176,318.09
Balance at end of term$553,374.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$51,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,514.25

Cash Needed at Closing

Minimum down payment$51,900
Estimated BC PTT$13,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$66,780

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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