Property Type: Land / LotOwnership: Freehold

Lot 6 ASPEN GROVE Place

Fairmont Hot Springs, BC V0B1L1

$164,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.46 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$845

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10385219
Listed
May 2, 2026
Time on market
On the market for 121 days
Data last synced
August 28, 2026

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

Description

Cleared and ready to build! This 0.465-acre R-2 zoned lot offers excellent potential for a duplex, fourplex (buyer to verify), or a spacious single-family home. Located just minutes from Fairmont Hot Springs amenities and a short walk to Riverside Golf Course, this property combines convenience with lifestyle. Enjoy stunning mountain views in every direction on a large, usable lot. Rare opportunity in a growing area—build now or hold as a strong investment. Photos with homes are AI renderings* (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

7

2/9 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
Windermere ElementaryElementary17.3 km
Martin Morigeau ElementaryElementary19.3 km
Eileen Madson Primary SchoolElementary22.3 km
David Thompson SecondarySecondary22.8 km
J Alfred Laird ElementaryElementary22.9 km
Open Doors Alternate EducationSecondary23.2 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 (2)

  • Barpa Bill's · 5009 Hot Springs Road530 m
  • Fairside Inn · Fairmont Frontage Rd, Fairmont Hot Springs, BC V0B 1L1, Kanada636 m

Grocery (1)

  • Fairmont Mountainside Market564 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,245) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$131,920.00
Periodic payment — Principal & Interest (monthly)$851.10
Additional monthly expenses (strata, tax, utilities, etc.)$70.42
Total monthly cost$921.52
Interest paid over 5-yr term$37,808.65
Balance at end of term$118,662.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,245
Stress test qualifying rate8.09%
Payment you must qualify for$1,204.62

Cash Needed at Closing

Minimum down payment$8,245
Estimated BC PTT$1,649
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,394

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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