Fairmont Hot Springs · V0B1L1
$18,835/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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9.88 acres of dream development property in sunny Fairmont Hot Springs (South Eastern BC)- near the famous natural hot springs, Lake Windermere, Columbia Lake, Invermere, and Panorama. Approximately 1 hour from Cranbrook and 1.5 hours from Banff/Canmore, this is an incredible area with a lot of untapped potential. The site has stunning views, situated along the length of the 18th fairway of the iconic Mountainside Golf Course. Water, sewer, and hydro services have been installed to the centre of the property. Zoned RES-3 Resort Lodging with a maximum density of 60 units per hectare, there is potential to develop over 200 units! With no development cost charges and almost no offsite servicing costs, the land and development cost per unit is unbelievably low. Bring your dreams and your vision, and create something truly special.
Vacant Land
Type
Fairmont/Columbia Lake
Area
Listed
May 15, 2026
Nearby & Commute
10 min
walk to Fairmont Mountainside Market
5h 30m
bike to nearest SkyTrain station
18h 18m
walk to nearest SkyTrain station
21h 22m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 35%
| Detached | 18 | 35.3% |
| Land | 15 | 29.4% |
| Condo / Apartment | 9 | 17.6% |
| Townhouse | 8 | 15.7% |
| Duplex | 1 | 2.0% |
| $15,000 to $19,999 | 5 | 1.6% |
| $25,000 to $29,999 | 10 | 3.3% |
| $30,000 to $34,999 | 25 | 8.2% |
| $35,000 to $39,999 | 10 | 3.3% |
| $40,000 to $44,999 | 10 | 3.3% |
| $45,000 to $49,999 | 10 | 3.3% |
| $50,000 to $59,999 | 20 | 6.6% |
| $60,000 to $69,999 | 25 | 8.2% |
| $70,000 to $79,999 | 30 | 9.8% |
| $80,000 to $89,999 | 30 | 9.8% |
| $90,000 to $99,999 | 15 | 4.9% |
| $100,000 to $124,999 | 40 | 13.1% |
| $125,000 to $149,999 | 30 | 9.8% |
| $150,000 to $199,999 | 30 | 9.8% |
| $200,000 and over | 15 | 4.9% |
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$18,835
Principal and interest
Calculated estimate
$17,577
Property tax
Calculated estimate
$1,108/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$3,800,000
Down payment
Calculated estimate
$760,000 (20%)
Estimated mortgage
Calculated estimate
$3,040,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$18,835
/mo
Rate
%
Amortization
Principal and interest
$17,577
Property tax (est.)
$1,108
P&I
Tax
Down payment
$760,000 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $760,000 down (20%) on $3,800,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
