Property Type: Land / LotOwnership: Freehold

DL7156 POTTER Road

Invermere, BC V0A1K4

$2,190,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
248.41 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$3,029

Interior

Heating
No heat
Fireplace
None

Exterior & Lot

View
Mountain view, View (panoramic)
Waterfront
Waterfront on creek

Listing Information

MLS®
2479391
Listed
September 4, 2024
Time on market
On the market for 726 days
Data last synced
August 28, 2026

Listing provided by: Landquest Realty Corporation · Data source: CREA DDF.

Description

Trophy quality acreage. 248 acre parcel only 3.5km from downtown Invermere and tucked into some of BC's most stunning back country. 85 acres of hay field irrigated by water license on Sunlight Creek. Spectacular views of both the Rocky Mountain and Purcell Range. Backs onto Crown land absolutely teeming with wildlife; deer, elk, bears and moose. Multiple building sites w/stunning views. Year round creek. Fully fenced. Four season gem suitable for year round living or as a recreational retreat. Merchantable timber recently logged. Located only a short hop to Banff, Calgary and the Canadian Rockies International Airport. (id:63159)

Location Insights

Weather

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

3,917

(2021 Census)

+15.5% since 2016

Density: 364.4/km²

Dwellings: 2,238

Median household income: $84,000

After-tax: $75,000

Immigrant population: 11.9%

Top countries of origin (% of total population)

  • United Kingdom3.2% · 125
  • United States of America1.3% · 50
  • Philippines1.1% · 45
  • Germany0.8% · 30
  • Netherlands0.5% · 20
  • Poland0.4% · 15
  • France0.3% · 10
  • South Africa, Republic of0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Eileen Madson Primary SchoolElementary3.3 km
David Thompson SecondarySecondary3.9 km
J Alfred Laird ElementaryElementary4.2 km
Open Doors Alternate EducationSecondary5.1 km
Windermere ElementaryElementary5.8 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($438,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,752,000.00
Periodic payment — Principal & Interest (monthly)$11,303.31
Additional monthly expenses (strata, tax, utilities, etc.)$252.42
Total monthly cost$11,555.73
Interest paid over 5-yr term$502,128.24
Balance at end of term$1,575,929.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$438,000
Stress test qualifying rate8.09%
Payment you must qualify for$13,472.27

Cash Needed at Closing

Minimum down payment$438,000
Estimated BC PTT$43,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$483,200

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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