Property Type: Land / LotOwnership: Freehold

Lot 1 KOOTENAY RD NO 3 Road

Windermere, BC V0B1L1

$299,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
3.58 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$83/mo
Annual property tax
$1,425

Maintenance Fee Includes

Also included: Other, See Remarks

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view

Listing Information

MLS®
10380745
Listed
March 26, 2026
Time on market
On the market for 158 days
Data last synced
August 28, 2026

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

Description

Are you searching for an acreage retreat? Be prepared to be captivated by this 3.57-acre lot situated in a gated community near town. It offers the charm of rural living with privacy and breathtaking views that will impress daily. Plus, it's only 10 minutes away from downtown Invermere. Envision building your dream home on the upper bench, where you’ll be treated to 270-degree panoramic views of the valley. Elkhorn Estates is a close-knit strata community with just 11 acreages. A well pump with yard hydrant was installed in 2021, boasting a robust capacity of 16-20 gallons per minute. In 2021, fire-smart measures were also completed in the treed areas to remove old growth and dead trees, enhancing safety. Maps, a site survey, preliminary architectural designs, and a building scheme are available upon request. Don’t let this opportunity pass you by. (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 ElementaryElementary4.9 km
Eileen Madson Primary SchoolElementary10.0 km
David Thompson SecondarySecondary10.3 km
J Alfred Laird ElementaryElementary10.4 km
Open Doors Alternate EducationSecondary10.4 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% ($14,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$239,200.00
Periodic payment — Principal & Interest (monthly)$1,543.24
Additional monthly expenses (strata, tax, utilities, etc.)$202.08
Total monthly cost$1,745.32
Interest paid over 5-yr term$68,555.41
Balance at end of term$215,161.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,184.25

Cash Needed at Closing

Minimum down payment$14,950
Estimated BC PTT$3,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,430

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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