Property Type: Detached HouseOwnership: Freehold

8408 Richardson Crescent

Canal Flats, BC V0B1B0

$1,145,000

4 bed3 bath8 parking3,492 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.34 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,910.19

Interior

Heating
Forced air, See remarks
Fireplace
Yes (2)
Fireplace type
Wood, Electric, Conventional, Unknown
Flooring
Tile, Carpeted, Linoleum, Vinyl, Wood

Exterior & Lot

Exterior features
Wood
View
Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
8 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
BedroomBasement15'5'' x 9'0''
5pc BathroomMain level9'7'' x 11'4''
Laundry roomBasement13'2'' x 15'10''
4pc BathroomBasement8'2'' x 4'0''
OfficeBasement10'3'' x 10'10''
BedroomBasement9'5'' x 15'6''
Family roomBasement12'11'' x 21'7''
FoyerBasement10'9'' x 10'11''
OtherMain level4'9'' x 11'4''
OtherMain level7'6'' x 13'0''
OtherMain level10'6'' x 25'0''
5pc Ensuite bathMain level7'3'' x 18'7''
BedroomMain level11'5'' x 13'1''
Dining roomMain level11'7'' x 15'7''
Dining nookMain level8'1'' x 13'0''
Primary BedroomMain level13'2'' x 16'10''
Living roomMain level21'4'' x 26'9''
KitchenMain level13'2'' x 16'5''

Listing Information

MLS®
10396659
Listed
August 4, 2026
Time on market
On the market for 27 days
Data last synced
August 28, 2026

Listing provided by: PG Direct Realty · Data source: CREA DDF.

Description

Visit REALTOR website for additional information. Welcome to this well-maintained home in the lakeside community of Canal Flats, offering spacious living and endless year-round recreation. The ground level features a bright family room with large windows, an electric fireplace, and a wet bar, plus two bedrooms, a full bath, an office, and a large laundry room. Heating includes both an electric furnace and an auxiliary wood-fired furnace with a hot water pre-heat system. The attached triple garage is also accessible from this level. Upstairs, you'll find a unique, fully ventilated hot tub room with a bar, seating area, and access to front and rear decks. The spacious kitchen features a butcher block island, ample cabinetry, and a breakfast nook with deck access. The formal dining and living rooms boast vaulted wood ceilings, a wood-burning fireplace, and large Low-E windows showcasing beautiful lake views. The primary suite offers a private balcony, oversized closets, and an ensuite with a two-person jetted tub, separate shower, and double vanity. Outside, enjoy a detached boat garage/workshop, a two-storey playhouse with swings, and easy access to golf, skiing, boating, fishing, hiking, mountain biking, and countless outdoor activities. Less than 280 km from Calgary, this is an ideal full-time home or four-season getaway. (id:63159)

Values & Trends

This listing

$328/sqft

Building average

No other active listings in this building

Canal Flats average

$359/sqft

9 active listing(s)

Parking: 8 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 ElementaryElementary2.1 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 Park267 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($89,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$916,000.00
Periodic payment — Principal & Interest (monthly)$5,909.72
Additional monthly expenses (strata, tax, utilities, etc.)$667.52
Total monthly cost$6,577.24
Interest paid over 5-yr term$262,528.23
Balance at end of term$823,944.96

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$89,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,116.43

Cash Needed at Closing

Minimum down payment$89,500
Estimated BC PTT$20,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$111,900

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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