Property Type: Land / LotOwnership: Freehold

Lot 2 Hwy 93/95

Windermere, BC V0A1K2

$2,070,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
7.59 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$23,343

Interior

Fireplace
None

Listing Information

MLS®
10363937
Listed
September 24, 2025
Time on market
On the market for 341 days
Data last synced
August 28, 2026

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

Description

This 7.59-acre commercial lot offers one of the most prominent development opportunities in the Columbia Valley. Located directly on Highway 93/95, the main corridor through the region, the property benefits from exceptional visibility and consistent year-round traffic. Thousands of vehicles pass by daily, making this site ideal for businesses that rely on exposure and accessibility. The lot provides a generous 7.59 acres (approximately 330,748 square feet) of level land, allowing for flexible development options. Its wide highway frontage enhances signage opportunities and ensures maximum visibility. The property is located just minutes from Invermere, Windermere, and Fairmont Hot Springs, Radium Hot Springs and offers convenient access to the area’s recreational amenities, including golf courses, ski hills, and Lake Windermere. Lot outlines are approx. Zoning permits a wide range of commercial uses, and the size of the lot opens the door for large-format development such as a hotel, restaurant, retail plaza, or mixed-use project. Buyers may also explore subdivision or phased development, subject to approvals. With commercial demand in the Columbia Valley steadily increasing, this property represents a rare chance to secure a large, highway-front parcel in a high-growth area. It is an excellent opportunity for either immediate development or a strategic long-term investment. (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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

3/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Open Doors Alternate EducationSecondary2.2 km
J Alfred Laird ElementaryElementary3.0 km
David Thompson SecondarySecondary3.3 km
Eileen Madson Primary SchoolElementary3.6 km
Windermere ElementaryElementary5.5 km
Edgewater ElementaryElementary22.4 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.

Nearby Places

Restaurants (3)

  • Smokehouose 93105 m
  • Black Forest Restaurant161 m
  • Pizzeria Mercato · 460 Sarah Road573 m

Cafes (2)

  • Tim Hortons171 m
  • Kicking Horse Cafe528 m

Grocery (1)

  • Joe's No Frills672 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($414,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,656,000.00
Periodic payment — Principal & Interest (monthly)$10,683.95
Additional monthly expenses (strata, tax, utilities, etc.)$1,945.25
Total monthly cost$12,629.20
Interest paid over 5-yr term$474,614.36
Balance at end of term$1,489,577.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$414,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,734.06

Cash Needed at Closing

Minimum down payment$414,000
Estimated BC PTT$40,100
Legal / closing costs (typical estimate)$1,500
Total cash needed$455,600

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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