Invermere Lakefront Property for Sale
When there was some Lakefront property in Invermere for sale, the Invermere District looked forward to buying it. The Mayor of Invermere, Al Miller, referred to it in the East Kootenay Regional District meeting in January.
It is one of the major items from Invermere’s financial plan for 2019 to 2023. This area is about 14 acres in size, and it includes the resort area, garage lands, marine lease, and the region where the boat storage is present.
The discussion on this topic began regarding a boat launch in this location. The CAO of Invermere District, Chris Prosser, conducted a land survey and found that most of the land was private. For the boat launch, it needed to be bought.
When Invermere District approached the owners, they refused. They were not interested in selling the land in small parcels but would like to sell it as a whole. The area went back and forth with plenty of offers rejected. At first, the owner wanted $10 million for this piece. But later on, it went for around $5 million Lake Windemere lakefront.
Why did the District buy Invermere Lakefront Real Estate?
Now, Invermere District owns the Invermere Real Estate Lakefront at the beach of James Chabot. In one of the polls in the municipal election last year, more than 65% of voters favored spending $5 million for the purchase. This was what the final bill also had in September.
The Mayor said that this was the least that we could go. It has turned out to be a pretty good deal. He also added a short-term $5 billion loan for the next 5 years with the Municipal Finance Authority. Now the authorities are in the planning stage where the District can sort out the funding streams and began the procedure. The mayor is looking for any partnership donations, funding streams for this sum. For setting out the loan in a longer time period, the District can reduce any amount they get in.
He also mentioned that this is not a risky strategy for buying land before any funding resources. He says that different funding sources or grant opportunities will help pay the debt. Later on, it would be feasible to go for a lesser amount of long-borrow.
What the future may look like Lakefront Property Windermere BC
The mayor also mentioned that Invermere would look for new opportunities for undoing some costs to taxpayers. He also added other opportunities available for funding CBT (Columbia Basin Trust), the provincial and federal government, and some very generous philanthropists.
It depends on what the people of the area want to see, and the Invermere District can go for some assistance from the hotel and condo developers. The Mayor also mentioned that the District also needs to reach a consensus to be sure what needs to be on Invermere’s resort lands.
Click here to view the District of Invermere Request for Proposal Athalmer Neighbourhood Plan.
Invermere is one of the fastest-growing resort and recreational areas of British Columbia due to its hospitable climate, natural beauty, high quality of life and recreational opportunities, and proximity to a large significant Alberta marketplace. Click to view some other reasons to live in Invermere.
Why invest in Real Estate Invermere, BC?
Here are the top 10 Reasons to Invest in Real Estate in Invermere, BC.
Beautiful Scenery
Wake up to mesmerizing views and the chirping of birds to soothe your senses. Also, watch the sunrise over the Rocky Mountains in Invermere, BC.Indulge in Cultural Activities
The place will appeal to even those who love to engage themselves in a variety of cultural programs.
Some of the many recreational activities are some of the reasons why invest in Invermere.
World-Class Golf Community
Love to play golf? Seven championship golf courses – Springs (radium), Radium Resort, Copper Point (Windermere), Eagle Ranch (Invermere), Grey wolf (panorama), Riverside (Fairmont) Riverside (Fairmont). Two executives golf course – Windermere golf course and Copper Point ridge. Therefore investing in Invermere real estate is going to be one of your best decisions. Above all, this place has a highly revered golf community.
Excellent Winter Recreation activities
Want to experience some adrenaline rush every year without actually going somewhere? Try Panorama Ski Resort, or even more challenging, try RK Heliski. Rather than snowboarding/downhill, go for cross-country ski at Panorama or on Lake Windermere. Also, go for a skate on Whiteway on Lake Windermere. Lake Windermere Whiteway was named the longest skating pathway by the Guinness Book of World Records in 2014. Then Invermere is the place to live.
Outdoor Adventures at Your Fingertips
Invermere, British Columbia, is brimming with adventure activities at every turn. Go on a random hike or spend the night camping in the woods. Also, go for a bike or walk along the new Markin-MacPhail Westside Legacy Trail. Most noteworthy, the Markin-MacPhail Legacy Trail is 25 kilometers long and wheelchair accessible.
A Relaxed Pace of Life
Suppose you have had enough of the fast-paced city life experience. For that reason, now all you want to spend your days in peace, invest in Invermere real estate, and there is no looking back.
A Dynamic Arts Community
Have a knack for indulging in some art projects? Invermere’s arts community is very much active and always ready to welcome new people. Most noteworthy, check out Invermere’s Farmer and Artist market.
Lakefront real estate in Invermere, British Columbia
Invermere Lakefront Homes
Imagine being able to fish off your dock, go for an early morning swim or, furthermore, take your boat out anytime. Lake Windermere provides recreation for reducing stress hormones. Also, water is a mood booster. Therefore research shows that people need just as much blue space as they do green for peak psychological health. Most noteworthy, along with Lake Windermere also comes some of the world’s most breathtaking views. Check out the Invermere Lakefront homes for sale.
For a more in-depth article on owning Invermere Lakefront home –click here.
- Invermere temperature
Invermere is known as the “warmer side of the Rockies.” In the winter months, the temperature is fairly mild. While the mountains will get lots of snow, the Invermere Valley receives a small amount. Not many places wherein you can go Mountain skiing in the morning and play 18 holes in the afternoon in late March or early April.
- Healthy Environment
Breathe in the mountain fresh air every day and enjoy the many other outdoor activities outside your door.
Decide to invest in Real Estate Invermere BC.
DK Rice can also help you find the right Invermere real estate to invest in.
We have some of the best Lake Windermere lakefront properties for you from where you can enjoy the sparkling beauty of the lake.
