Property Type: Land / LotOwnership: Freehold

Lake Road Lot# 5B

Windermere, BC V0B2L2

$259,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.07 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10381836
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

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

Description

**RIGHT WHERE YOU BELONG - RARE 1.07 ACRE BUILDING LOT** This beautiful 1+ acre of land on Lake Road is the perfect building site for your Windermere retreat or full time home. Located minutes to the Windermere public beach on Windermere Lake, and close proximity to many popular golf courses, Panorama Ski Resort, Fairmont/Radium Hot Springs and the many amenities of Invermere. The land is well treed providing the buyer with options around building site and trees to be left for privacy, and the ability to remove and sell the rest of the lumber. water is available at lot line. This listing is subject to the completion of the pending subdivision which is now in its final stage. No time to build commitment so take your time to design the home of your dreams and implement its construction. This is a rare offering - take the time to consider it for your family now and enjoy it for generations. (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
Windermere ElementaryElementary1.5 km
Eileen Madson Primary SchoolElementary6.6 km
David Thompson SecondarySecondary7.1 km
J Alfred Laird ElementaryElementary7.2 km
Open Doors Alternate EducationSecondary7.4 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% ($12,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$207,200.00
Periodic payment — Principal & Interest (monthly)$1,336.78
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,336.78
Interest paid over 5-yr term$59,384.12
Balance at end of term$186,377.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,892.04

Cash Needed at Closing

Minimum down payment$12,950
Estimated BC PTT$3,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,630

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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