Radium Hot Springs

Radium Hot Springs sits where the Columbia Valley meets the Canadian Rockies, and that geography tells you everything about why people pay premium prices for real estate here. The town’s famous hot springs have been drawing visitors since the early 1900s, but today’s residents stick around for the skiing at Panorama Resort, championship golf courses, and hiking trails that lead straight into Kootenay National Park.

The numbers reveal a community in transition. Population jumped 72.6% since 2016, pushing the median age to 51.6 years as retirees discover what locals have known for decades—this place delivers mountain lifestyle without the Whistler price tag. Housing splits evenly between single-family homes and apartments, suggesting a mix of permanent residents and vacation property owners who fuel the local economy.

Manufacturing employs 17.5% of workers, surprising for a mountain town, while retail trade and accommodation services round out the employment picture. The 8.5% unemployment rate reflects seasonal tourism patterns rather than economic weakness. When your backyard includes world-class skiing, hot springs that never freeze, and golf courses designed around mountain vistas, people find reasons to make it work financially.

Real estate here benefits from scarcity—you can’t build more Columbia Valley frontage or create additional proximity to national parks. The median household income of $81,000 supports a stable local market, while the lifestyle appeal draws buyers from Calgary and Vancouver willing to pay premiums for mountain access.

Tekamar offers our complete range of mortgage products in Radium Hot Springs with a maximum loan-to-value ratio of 60%. The conservative LTV reflects our respect for seasonal market fluctuations, but the underlying fundamentals—limited supply, recreational demand, and proximity to major attractions—provide the equity protection we require for safe lending.