For Sale · Land

RIVERSIDE Drive Lot# 110, Fairmont Hot Springs

RIVERSIDE Drive Lot# 110, Fairmont Hot Springs, BC V0B1L1

$104,900 total

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Asset Class

Land

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Lot Size

0.18 ac

About this property

ENDLESS ROCKY MOUNTAIN VIEWS, EXCEPTIONAL VALUE! This picturesque lot on the 4th hole of the scenic Riverside Golf Course in Fairmont Hot Springs is truly an empty canvas awaiting your creative genius to turn it into a masterpiece of a home. Why spend days, weeks or years looking for the perfect home when you can build it on the property you love! The location has it all, Rocky Mountain views, beautiful golf course surroundings, the calming flow of the Columbia River. All of this beauty is tucked away in the private gated community of Riverside Estates, far from the hustle and bustle of everyday life. You will be surrounded by nature here, with not even a hint of traffic noise—just birds, deer, and the quiet rhythms of a healthy, living landscape, perfect location for your future home. Featuring an ideal flat building lot, you can dream big and create the home you have always wanted in this little corner of paradise. With all the activities nearby; golf, ski, hiking, biking, river & lake adventures, Fairmont Hot Springs is the perfect home base location to do it all in every season. NO GST & no building commitment gives you the freedom to plan at your leisure while getting great value for your purchase. Don't wait for another opportunity like this to come along! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$105K
Down payment30% · $31K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$484

Projected NOI

$5K

Annual cash flow

$-640

Cash-on-cash

-2.03%

DSCR

0.89

Going-in cap

4.93%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

73,734

Households

27,504

Median income

$88,000

Median age

44.2

Daytime population

107,678

5-yr growth

8.6%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for RIVERSIDE Drive Lot# 110, Fairmont Hot Springs.

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.