Property Type: Land / LotOwnership: Freehold

VALLEY VISTA Way Lot# 24

Fairmont Hot Springs, BC V0B1L2

$99,900

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Amenities

Also listed: Clubhouse

Property Details

Property & Lot

Sub-type
Other
Lot size
0.44 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$100/mo
Annual property tax
$550.35

Maintenance Fee Includes

Management

Also included: Ground Maintenance, Other, See Remarks, Reserve Fund Contributions

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view
Lot features
Treed

Building

Water source
Community Water User's Utility
Utilities
Water, Electricity, Cable
Parcel ID (PID)
026-763-061

Listing Information

MLS®
10381172
Listed
April 3, 2026
Time on market
On the market for 150 days
Data last synced
August 31, 2026

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

Description

Discover your own serene retreat surrounded by a sparkling lake, majestic mountains, and a picturesque valley. This beautifully treed lot is nestled within a unique, thoughtfully planned community featuring scenic walking trails, charming creeks, peaceful ponds, and breathtaking viewpoints at every turn. Underground services are conveniently available at the property line, making your future build even more seamless. Embrace an active, nature-filled lifestyle with year-round access to hiking, golf, skiing, fishing, and nearby hot springs. With no building commitment, you have the freedom to design and build your dream home on your own timeline. Bella Vista owners benefit from secure RV and boat storage and exclusive semi-private beach access to Columbia Lake, offering an exceptional opportunity to enjoy swimming, paddle boarding, kayaking, and other non-motorized water activities. With low strata fees, a healthy contingency reserve fund, and thoughtfully designed architectural guidelines, this well-managed community provides both an outstanding lifestyle and lasting investment value. Whether you're seeking a full-time residence, vacation escape, or smart investment, this is a rare opportunity to secure your own piece of paradise. (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 ElementaryElementary14.2 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% ($4,995) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$79,920.00
Periodic payment — Principal & Interest (monthly)$515.62
Additional monthly expenses (strata, tax, utilities, etc.)$145.86
Total monthly cost$661.48
Interest paid over 5-yr term$22,905.30
Balance at end of term$71,888.30

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$4,995
Stress test qualifying rate8.09%
Payment you must qualify for$729.79

Cash Needed at Closing

Minimum down payment$4,995
Estimated BC PTT$999
Legal / closing costs (typical estimate)$1,500
Total cash needed$7,494

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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