Property Type: Land / LotOwnership: Freehold

Lot 38 ROSE Terrace

Fairmont Hot Springs, BC V0B1L1

$125,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.44 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$125/mo
Annual property tax
$546.45

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10376412
Listed
February 18, 2026
Time on market
On the market for 194 days
Data last synced
August 28, 2026

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

Description

Oversized 0.44 acre single family estate lot nestled on a quiet cul-de-sac in Bella Vista Estates located just 5 minutes south of Fairmont Hot Springs. Its an attractive creatively designed gated community that offers scenic trails, streams, walking paths, benches with viewpoints of the beautiful Columbia Lake and Rockies. It has exceptional views, and is bordered on southeast side by a man-made stream feature and walking trail, and on the northwest by a newly built home. Serviced with underground utilities, including propane, gravity fed water supply and fire fighting capability. Only a short walk away from the Bella Vista Community Centre, a private club for the exclusive use of owners of Bella Vista Estates. No building time commitment and reasonable building requirements with homes starting at 1,000 sq ft. Separate boat and RV storage available. Ready for Summer! The new rail crossing access to the Lake is now officially open for Strata members and their guests. (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 ElementaryElementary14.3 km
Windermere ElementaryElementary21.7 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% ($6,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$100,000.00
Periodic payment — Principal & Interest (monthly)$645.17
Additional monthly expenses (strata, tax, utilities, etc.)$170.54
Total monthly cost$815.70
Interest paid over 5-yr term$28,660.29
Balance at end of term$89,950.32

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,250
Stress test qualifying rate8.09%
Payment you must qualify for$913.15

Cash Needed at Closing

Minimum down payment$6,250
Estimated BC PTT$1,250
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,000

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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