Property Type: Land / LotOwnership: Freehold

Lot 2 Columbia Lake Road Road Lot# Lot 2

Fairmont Hot Springs, BC V0B1L2

$134,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.52 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$433.35

Interior

Fireplace
None

Listing Information

MLS®
10388903
Listed
May 27, 2026
Time on market
On the market for 96 days
Data last synced
August 28, 2026

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

Description

Discover the perfect opportunity to bring your vision to life on this private half-acre parcel in the heart of the Columbia Valley. With no strata fees and endless potential, this property is ready and waiting for your dream designs to take shape. Water is conveniently available at the lot line and electrical services are nearby, providing a great starting point for future development. Tucked away in a peaceful setting yet conveniently located just minutes from beautiful Columbia Lake, golf courses, shopping, dining, and year-round recreation, this property offers the ideal balance of privacy and accessibility. Build your dream home, create the ultimate retreat, and enjoy all that this incredible location has to offer. (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 ElementaryElementary10.6 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% ($6,745) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$107,920.00
Periodic payment — Principal & Interest (monthly)$696.26
Additional monthly expenses (strata, tax, utilities, etc.)$36.11
Total monthly cost$732.38
Interest paid over 5-yr term$30,930.18
Balance at end of term$97,074.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,745
Stress test qualifying rate8.09%
Payment you must qualify for$985.47

Cash Needed at Closing

Minimum down payment$6,745
Estimated BC PTT$1,349
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,594

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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