Property Type: Land / LotOwnership: Freehold

Columbia Estates Road Lot# Lot 13

Fairmont Hot Springs, BC V0B1L2

$175,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.47 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$573.74

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10360106
Listed
August 21, 2025
Time on market
On the market for 375 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.

Description

The mountains are calling you home! This gently sloped, sparsely-treed lot on Columbia Estates Road provides 0.47 acres of opportunity, ready and waiting for your dream home, so come and enjoy life in one of the most beautiful areas of the Columbia Valley. Build your peaceful getaway towards the top of the slope and maximize expansive views of the Rocky Mountains, with views of the gorgeous Columbia Lake likely from the second floor. With no restrictive building scheme, and no building time commitment, you can build your new home according to your own timeline. Opportunities to own land in such a tranquil spot don't come along very often, so call your Realtor today! (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.

Nearby Schools

SchoolTypeDistance
Martin Morigeau ElementaryElementary10.8 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% ($8,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$140,000.00
Periodic payment — Principal & Interest (monthly)$903.23
Additional monthly expenses (strata, tax, utilities, etc.)$47.81
Total monthly cost$951.04
Interest paid over 5-yr term$40,124.40
Balance at end of term$125,930.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,278.40

Cash Needed at Closing

Minimum down payment$8,750
Estimated BC PTT$1,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,000

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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