Fairmont Hot Springs · V0B1L2
$3,583/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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**CHARACTER COTTAGE AT THE LAKE** This gorgeous home is located on a large .46 Acre corner lot in the sought after community of Columbia Ridge Estates. Nestled alongside Columbia Lake, Columbia Ridge Country Estates offers private lake access and is located a short drive from Fairmont Hot Springs and the Invermere core. Both levels of this home are beaming with natural light. Featuring: tile and soft carpet flooring throughout, wood burning stove to create a toasty warm living space on cool winter days (or to cook over), upgrades include: newer window coverings, asphalt driveway, dish washer, fridge, washer/dryer, hot water tank, decking, and included shed. Wrap around decking allows for plenty of options when it comes to outdoor entertaining and the front and rear yard are very spacious. The lower level is unfinished and can be completed to add living space or kept as storage space. Enjoy close proximity to the many golf courses of the Columbia Valley, hiking/biking trails, Columbia Lake, Fairmont Hot Springs and much more. Make this your mountain retreat today and start making memories at the lake for many years to come!
3
Beds
2,356 ft²
Floor area
1999
Year built
Single Family
Type
Fairmont/Columbia Lake
Area
Listed
May 11, 2026
$724,000 is 29.8% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
2h 43m
walk to Fairmont Mountainside Market
4h 52m
bike to nearest SkyTrain station
16h 11m
walk to nearest SkyTrain station
21h 14m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Land · 62%
| Land | 18 | 62.1% |
| Detached | 8 | 27.6% |
| Townhouse | 2 | 6.9% |
| Other | 1 | 3.4% |
| $10,000 to $14,999 | 10 | 2.6% |
| $15,000 to $19,999 | 5 | 1.3% |
| $20,000 to $24,999 | 10 | 2.6% |
| $25,000 to $29,999 | 15 | 3.8% |
| $30,000 to $34,999 | 10 | 2.6% |
| $35,000 to $39,999 | 15 | 3.8% |
| $40,000 to $44,999 | 20 | 5.1% |
| $45,000 to $49,999 | 15 | 3.8% |
| $50,000 to $59,999 | 40 | 10.3% |
| $60,000 to $69,999 | 25 | 6.4% |
| $70,000 to $79,999 | 30 | 7.7% |
| $80,000 to $89,999 | 25 | 6.4% |
| $90,000 to $99,999 | 20 | 5.1% |
| $100,000 to $124,999 | 40 | 10.3% |
| $125,000 to $149,999 | 45 | 11.5% |
| $150,000 to $199,999 | 35 | 9.0% |
| $200,000 and over | 30 | 7.7% |
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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
$3,583
Principal and interest
Calculated estimate
$3,233
Property tax
Calculated estimate
$200/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$699,000
Down payment
Calculated estimate
$139,800 (20%)
Estimated mortgage
Calculated estimate
$559,200
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
$3,583
/mo
Rate
%
Amortization
Principal and interest
$3,233
Property tax (est.)
$200
P&I
Tax
Down payment
$139,800 (20%)
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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 $139,800 down (20%) on $699,000, 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.
