Property Type: Land / LotOwnership: Freehold

8990 Pine Street

Canal Flats, BC V0A1E0

$89,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.33 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,769.63

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10398492
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: MaxWell Rockies Realty · Data source: CREA DDF.

Description

Discover the perfect canvas for your dream home on this level lot, offering ample space and unmatched flexibility. With no building commitment or restrictive building scheme, you have complete control over your vision. Enjoy the convenience of an existing drilled well on-site, while essential services are readily available at the lot line, ensuring a hassle-free building process. This property provides an excellent opportunity for those seeking to create a personalized living space without the pressure of immediate construction. Take your time to thoughtfully plan and design your ideal home, building when you are ready. Embrace the freedom to invest in your future with this prime piece of real estate—seize the opportunity today and make it yours! (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.

Nearby Schools

SchoolTypeDistance
Martin Morigeau ElementaryElementary1.2 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.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$71,200.00
Periodic payment — Principal & Interest (monthly)$459.36
Additional monthly expenses (strata, tax, utilities, etc.)$147.47
Total monthly cost$606.83
Interest paid over 5-yr term$20,406.12
Balance at end of term$64,044.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,450
Stress test qualifying rate8.09%
Payment you must qualify for$650.16

Cash Needed at Closing

Minimum down payment$4,450
Estimated BC PTT$890
Legal / closing costs (typical estimate)$1,500
Total cash needed$6,840

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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