Property Type: Land / LotOwnership: Freehold

Lot 112 Riverside Drive

Fairmont Hot Springs, BC V0B1L1

$105,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.19 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$33/mo
Annual property tax
$492.32

Maintenance Fee Includes

Management

Also included: Other, See Remarks, Reserve Fund Contributions

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view, Valley view, View (panoramic)

Restrictions & Policies

Age / occupancy
Adult-oriented (no young children)

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10390000
Listed
June 10, 2026
Time on market
On the market for 82 days
Data last synced
August 28, 2026

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

Description

TWO ADJACENT TITLED PARCELS - AVAILABLE SEPARATELY OR TOGETHER A rare opportunity in the exclusive gated community of Riverside Estates, Fairmont Hot Springs. Two adjacent, fully serviced parcels totaling approximately 0.41 acres sit directly along the 4th hole of Riverside Golf Course—an exceptional backdrop for your dream home, vacation retreat, or retirement residence. Lot 112 is level with mature trees, offering a naturally private and build-ready setting with no grading surprises. Each lot carries its own title, offering real flexibility: purchase one as a private homesite, or secure both together for greater acreage, enhanced privacy, and a larger footprint in one of the Columbia Valley's most sought-after communities. For investors, two individually titled lots represent two distinct opportunities in a single transaction—rarely available side by side at this price point. Riverside Estates delivers gated security, stunning mountain scenery, and Columbia River proximity, all within minutes of Highway 93/95, shops, restaurants, and essential services. Year-round recreation surrounds you: Fairmont's famous natural hot springs, championship golf, hiking, biking, fishing, skiing, and sledding. With no building commitment, and priced below other listings, the sellers have made these an opportunity that's hard to overlook. Reference MLS 10390313 to view adjacent lot 113. (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 ElementaryElementary16.7 km
Martin Morigeau ElementaryElementary19.7 km
Eileen Madson Primary SchoolElementary21.6 km
David Thompson SecondarySecondary22.1 km
J Alfred Laird ElementaryElementary22.3 km
Open Doors Alternate EducationSecondary22.6 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% ($5,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$84,000.00
Periodic payment — Principal & Interest (monthly)$541.94
Additional monthly expenses (strata, tax, utilities, etc.)$74.36
Total monthly cost$616.30
Interest paid over 5-yr term$24,074.64
Balance at end of term$75,558.27

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$5,250
Stress test qualifying rate8.09%
Payment you must qualify for$767.04

Cash Needed at Closing

Minimum down payment$5,250
Estimated BC PTT$1,050
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,800

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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