Property Type: Land / LotOwnership: Freehold

LOT A FIR Bay

Fairmont Hot Springs, BC V0B1L2

$599,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.67 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$2,960

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10375965
Listed
February 13, 2026
Time on market
On the market for 199 days
Data last synced
August 28, 2026

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

Description

**INCREDIBLY UNIQUE, OVERSIZED 1.67 ACRE BUILDING LOT WITH GORGEOUS LAKE AND MOUNTAIN VIEWS. PRICED CONSIDERABLY BELOW THE BC ASSESSED VALUE OF $788,000** This beautiful parcel of land is very unique to the area being that it is an amalgamated single lot plus 1/2 of the neighbouring lot 16 creating a 1.67 acre dream acreage. With both neighbours fully established, you have no unknowns to work with, only the peace of mind that comes from owning unobstructed lake and mountain views with inspiring building site options. The sought after community of Columbia Ridge offers LAKE ACCESS through its popular community beach as well as boat mooring via buoy rotation. NO BUILDING TIME COMMITMENT means you can build now or take your time designing and planning your family legacy property. Do not wait to secure this special location for your family! Call or email for more information and more detailed mapping. (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 ElementaryElementary9.3 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)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$246.67
Total monthly cost$3,338.30
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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