Hotels for Sale — Radium Hot Springs, BC
$1,650,000
5063 MADSEN Road, Radium Hot Springs, BC V0A1M0
Property details
Structured details
- Ownership
- Condo/Strata
- Annual property tax
- $17,617.4
- Lot dimensions
- 2.21
- Structure type
- Other
- Parcel ID (PID)
- 008-549-010
- Water source
- Municipal water
- Sewer
- Municipal sewage system
Listing Information
- MLS®
- 10397861
- Listed
- August 18, 2026
- Time on market
- 27 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Radium Chalet is an 18-unit boutique hotel holding one of the most recognizable hillside positions in Radium Hot Springs, offered as a rare single-ownership hospitality asset at the doorstep of two national parks. The three-storey chalet, built circa 1982, The roof and bathrooms were renewed in2014 and added a new parking-lot retaining wall the same year. The property covers 2.216 acres across 18 separate titles, 17 strata lots plus one fee-simple lot, all consolidated under single ownership. Zoning is C-2 under the Village of Radium Hot Springs. Municipal water and sewer serve the site. Buyers should confirm permitted uses with the Village of Radium Hot Springs. Furthermore, Radium Hot Springs sits at the crossroads of Highways 93 and 95, 1.5 hours from Banff and 3 hours from Calgary, drawing a year-round mix of park visitors, golfers, skiers and road travellers. This property is offered together with the neighbouring Rocky Mountain Springs Lodge (5067 Madsen Rd) as a combined hospitality portfolio at $3,000,000 total. (id:63159)
Financing calculator
Estimate your monthly payment on the $1,650,000 asking price.
Financing details
- Monthly debt service
- $16,015
- Cash required at close
- $355,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Radium Hot Springs)
- Population
- 1,339(+72.6% since 2016)
- Population density
- 211.2/km²
- Median household income
- $81,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 20.9%
- Postsecondary below bachelor's
- 29.9%
- High school diploma
- 38.0%
- No certificate/diploma
- 11.1%
Population aged 15 and over.
Commute
- Car, truck or van
- 85.8%
- Public transit
- 0.0%
- Walked
- 10.6%
- Bicycle
- 0.0%
- Other
- 0.0%
Commute duration
- Under 15 min
- 42.5%
- 15–29 min
- 45.1%
- 30–44 min
- 8.8%
- 45–59 min
- 0.0%
- 60+ min
- 4.4%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Restaurants (3)
- Leo Burrito601m
- The Old Salzburg Resterant · 4943 Highway 95635m
- Roadhouse Restaurant787m
Grocery (1)
- Radium Supermart753m
Nearby places data: © OpenStreetMap contributors.
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Frequently asked questions
What is the asking price for this hotel?
The asking price is $1,650,000.
Where is this business located?
This listing is located in Radium Hot Springs, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.