8679 COTTAGE Lane
Canal Flats, BC V0B1B0
$1,295,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.7 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $5,944.6
Maintenance Fee Includes
Also included: Recreation Facilities
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, Valley view, View (panoramic)
- Waterfront
- Waterfront on lake
Listing Information
- MLS®
- 10374127
- Listed
- January 28, 2026
- Time on market
- On the market for 215 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Invermere · Data source: CREA DDF.
Description
LAKEFRONT! LOT 1 enjoys some of the very best views on Columbia Lake and is a must see opportunity. With a massive 138 feet of lake frontage, this huge .70 acre lot is the perfect spot to live on the water and have your OWN PRIVATE DOCK (recently installed) for your boat and water toys. Come explore exclusive lakeside living at Painted Ridge to see what is sure to become the Columbia Valley's premier lakefront development. This private community, consisting of 30 oversized fee-simple lots, offers breathtaking lake and mountain views and no building commitment, allowing you to take time to build your family's dream retreat and legacy home! Painted Ridge will have community amenities including a recently completed club house (sport court/ pickle ball court, future games area, storage for all owners, lounge area) PRIVATE BEACH, and dock for all residents to use and enjoy. A great place to host and entertain friends and family or to just sit and relax and enjoy all the beauty of this very special spot. A short drive from Cranbrook International airport and close to championship golf courses, amazing biking and hiking trails, fly-fishing, skiing, and all the summer and winter activities of the Columbia Valley in beautiful BC...come see what Painted Ridge and this inspiring area have to offer! (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
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Martin Morigeau Elementary | Elementary | 2.7 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.
School district: Rocky Mountain (SD6)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.1% ($104,500) — 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.