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Renanza Realty
For sale

5007 FAIRMONT Close

Fairmont Hot Springs, British Columbia

MLS® 10391401

$567,000

Status
Active
Property type
House
MLS® number
10391401
Bedrooms
3
Bathrooms
3
Year built
1979

Listing description

MASSIVE PRICE DROP – PRICED WAY BELOW ASSESSED VALUE! NOW OFFERED AT $567,000! (Recently reduced from $599,000, and priced far below the BC Assessment value of $607,000!)

The sellers are VERY MOTIVATED, making this an incredible, rare deal in Fairmont Hot Springs! This 3-bedroom, 3-bathroom mountain-side retreat features a WALK-OUT BASEMENT with a separate entrance that is RENOVATION READY! All the tough demolition and hard work have already been tackled, the outdated 70s shag carpet has been completely stripped out.

The lower level boasts massive suite potential, giving you the ultimate flexibility: live comfortably upstairs while finishing the basement to rent out, generate mortgage-helper income, or design your dream mountain recreation space. PROPERTY HIGHLIGHTS: Unbeatable Value: PRICED $40,000 BELOW assessed value with immediate possession available! Main Living Area: Soaking in natural light with dramatic vaulted wood ceilings, a cozy fireplace, and floor-to-ceiling windows framing forest views.

Layout: 2,549 sq. ft. of total space featuring a spacious primary bedroom, upper loft, wrap-around deck, and a fully gated yard.

Prime Location: Walk to local markets, dining, and the famous natural hot springs, or take a quick 5-minute drive to the ski hills. Bring your creative ideas and capitalize on the massive equity build potential before someone else snaps up this deal!

Property summary

MLS® number
10391401
Property type
Single Family
Building type
House
Square footage
2,549 sq ft
Title
Freehold
Land size
0.21 acres
Built in
1979
Annual property taxes
$2,907.35
Parking
4 spaces
Days on market
146 days

Features & details

Heating
Forced air, Electric, See remarks
Basement
Full
Flooring
Mixed Flooring
Exterior features
Stone, Wood siding, Other
Community features
Family Oriented
Architectural style
Multi-level

What would this home cost you?

Based on the $567,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,638 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Century 21 Purcell Realty Ltd, Cranbrook.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.