Property Type: Land / LotOwnership: Freehold

Lot 48 PINE RIDGE MOUNTAIN Lane

Invermere, BC V0A1K4

$99,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.15 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$52/mo
Annual property tax
$788.98

Maintenance Fee Includes

Also included: Ground Maintenance, Other, See Remarks

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10351992
Listed
June 12, 2025
Time on market
On the market for 445 days
Data last synced
August 28, 2026

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

Description

High above your neighbours. If you are looking to make a statement, this lot will give you a head start, with it's unique lot that has its very own rock wall on one side. The lot is flat and gives you the height you will want in your build to get the best views of the Rocky Mountains and Valley Wetlands. There is a walking trail behind the lot that will take you on a great hike throughout the community and trails all the way to downtown Invermere. It is fully serviced with town water and sewer at the lot line. Bring your creative architectural ideas and build a home that will WOW everyone who drives by. Pineridge community has its own playground as well. (id:63159)

Location Insights

Weather

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

3,917

(2021 Census)

+15.5% since 2016

Density: 364.4/km²

Dwellings: 2,238

Median household income: $84,000

After-tax: $75,000

Immigrant population: 11.9%

Top countries of origin (% of total population)

  • United Kingdom3.2% · 125
  • United States of America1.3% · 50
  • Philippines1.1% · 45
  • Germany0.8% · 30
  • Netherlands0.5% · 20
  • Poland0.4% · 15
  • France0.3% · 10
  • South Africa, Republic of0.3% · 10

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Eileen Madson Primary SchoolElementary576 m
David Thompson SecondarySecondary623 m
J Alfred Laird ElementaryElementary911 m
Open Doors Alternate EducationSecondary1.9 km
Windermere ElementaryElementary5.7 km
Edgewater ElementaryElementary22.7 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.

Nearby Places

Parks (2)

  • Pineridge Playground405 m
  • Unnamed729 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($4,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$79,200.00
Periodic payment — Principal & Interest (monthly)$510.97
Additional monthly expenses (strata, tax, utilities, etc.)$117.75
Total monthly cost$628.72
Interest paid over 5-yr term$22,698.95
Balance at end of term$71,240.66

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,950
Stress test qualifying rate8.09%
Payment you must qualify for$723.21

Cash Needed at Closing

Minimum down payment$4,950
Estimated BC PTT$990
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,440

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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