Property Type: Land / LotOwnership: Freehold

Lot 35 TIMBER RIDGE Road

Windermere, BC V0A1K3

$413,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.38 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$65/mo
Annual property tax
$2,746.35

Maintenance Fee Includes

Management

Also included: Ground Maintenance, Other, See Remarks, Recreation Facilities, Reserve Fund Contributions

Interior

Fireplace
None

Listing Information

MLS®
10387204
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Invermere · Data source: CREA DDF.

Description

RARE OPPORTUNITY IN TIMBER RIDGE PHASE 1 — One of the last remaining build lots in this highly sought-after community! Spanning nearly half an acre at 0.38 acres, this exceptional vacant lot offers a beautiful walk-out building site surrounded by mature trees, established landscaping, and timeless character homes that make Timber Ridge so special. Listed below assessed value, this is an incredible opportunity to secure a premium homesite in one of the Columbia Valley’s most desirable lake communities. With no building commitment timeline and no obligation to use a specific builder, you have the freedom to design and build your dream mountain retreat exactly as you envision it. The lot is ideally suited for a legacy property where family and friends can gather for years to come. Ownership includes access to Timber Ridge’s incredible private amenities, including the exclusive beach park on Lake Windermere, boat marina and launch, tennis and volleyball courts, playgrounds, and expansive green space. Enjoy the perfect balance of privacy, prestige, and recreation in one of the Valley’s most desirable lake communities. Build when you’re ready and secure one of the few remaining opportunities in Timber Ridge today. (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 ElementaryElementary2.8 km
Eileen Madson Primary SchoolElementary3.4 km
Open Doors Alternate EducationSecondary3.4 km
J Alfred Laird ElementaryElementary3.5 km
David Thompson SecondarySecondary3.6 km
Edgewater ElementaryElementary24.9 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% ($20,650) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$330,400.00
Periodic payment — Principal & Interest (monthly)$2,131.63
Additional monthly expenses (strata, tax, utilities, etc.)$294.27
Total monthly cost$2,425.90
Interest paid over 5-yr term$94,693.59
Balance at end of term$297,195.87

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,650
Stress test qualifying rate8.09%
Payment you must qualify for$3,017.03

Cash Needed at Closing

Minimum down payment$20,650
Estimated BC PTT$6,260
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,410

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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