Property Type: Land / LotOwnership: Freehold

Lot A COLUMBIA LAKE Road

Fairmont Hot Springs, BC V0B1L2

$175,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.01 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$550.35

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Listing Information

MLS®
10386840
Listed
May 9, 2026
Time on market
On the market for 114 days
Data last synced
August 28, 2026

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

Description

Escape to the tranquility of the Columbia Valley with this beautiful 1-acre treed lot near Columbia Lake. Tucked away in a quiet and private setting, this property offers stunning mountain views and the perfect balance of nature and convenience. A road has already been built to the designated building site, and water has been brought right up to the build site, making it easy to start planning your dream home or getaway retreat. Surrounded by mature trees and natural beauty, this property provides plenty of privacy while still being close to everything you need. Enjoy the freedom of no building scheme and no timeline to build — create at your own pace with the flexibility to design exactly what you want. Located just minutes from Fairmont Hot Springs, you’ll have easy access to golf courses, hot springs, restaurants, shopping, hiking, skiing, and year-round recreational amenities. Whether you’re looking to build now or invest for the future, this is a rare opportunity to own a peaceful slice of the Columbia Valley. (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 ElementaryElementary11.0 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% ($8,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$140,000.00
Periodic payment — Principal & Interest (monthly)$903.23
Additional monthly expenses (strata, tax, utilities, etc.)$45.86
Total monthly cost$949.09
Interest paid over 5-yr term$40,124.40
Balance at end of term$125,930.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,750
Stress test qualifying rate8.09%
Payment you must qualify for$1,278.40

Cash Needed at Closing

Minimum down payment$8,750
Estimated BC PTT$1,750
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,000

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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