Cranbrook · V1C2X1
$1,913/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Bring your vision and put some sweat equity into this downtown revenue property. This 2-storey home is a diamond in the rough and has previously been set up as a 3-plex, offering excellent potential for the right buyer. The home features 200 amp service with 3 electrical panels, natural gas to the property, and new windows and doors both roughed in throughout. Taken right back to the studs, the home is ready for electrical, insulation, and drywall, giving the next owner a blank slate to bring their vision to life. The asbestos on the property has already been professionally removed and remediated, helping take a major step out of the renovation process. The house and garage both feature all brand-new roof decking and roofing, complete with a 10-year transferable warranty. The property also offers a basement with some crawl space, plenty of parking, and a large garage with enough room to park a vehicle while still having workshop space. Located in a high-visibility downtown location, this property offers plenty of potential and could be suited for a duplex, a single-family home with or without an in-law suite, or another revenue-generating setup depending on your vision and required approvals.
1
Beds
1,979 ft²
Floor area
1924
Year built
Single Family
Type
Cranbrook South
Area
Listed
May 25, 2026
$357,700 is 65.3% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
6 min
walk to Safeway
2h 1m
bike to Kimberley’s Underground Mining Railway
6h 42m
walk to Kimberley’s Underground Mining Railway
21h 18m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 61%
| Detached | 57 | 60.6% |
| Land | 14 | 14.9% |
| Condo / Apartment | 6 | 6.4% |
| Duplex | 5 | 5.3% |
| Mobile home | 5 | 5.3% |
| Other | 7 | 7.4% |
| $20,000 to $24,999 | 30 | 15.0% |
| $25,000 to $29,999 | 15 | 7.5% |
| $30,000 to $34,999 | 5 | 2.5% |
| $35,000 to $39,999 | 15 | 7.5% |
| $40,000 to $44,999 | 5 | 2.5% |
| $45,000 to $49,999 | 5 | 2.5% |
| $50,000 to $59,999 | 15 | 7.5% |
| $60,000 to $69,999 | 5 | 2.5% |
| $70,000 to $79,999 | 5 | 2.5% |
| $80,000 to $89,999 | 10 | 5.0% |
| $90,000 to $99,999 | 15 | 7.5% |
| $100,000 to $124,999 | 25 | 12.5% |
| $125,000 to $149,999 | 15 | 7.5% |
| $150,000 to $199,999 | 25 | 12.5% |
| $200,000 and over | 10 | 5.0% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$1,913
Principal and interest
Calculated estimate
$1,655
Property tax
Calculated estimate
$108/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$357,700
Down payment
Calculated estimate
$71,540 (20%)
Estimated mortgage
Calculated estimate
$286,160
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$1,913
/mo
Rate
%
Amortization
Principal and interest
$1,655
Property tax (est.)
$108
P&I
Tax
Down payment
$71,540 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $71,540 down (20%) on $357,700, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 8.0133 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
