About this home

Exceptional development opportunity in Cranbrook's highly sought-after Highlands neighbourhood! This R-1 zoned residential lot offers outstanding potential for builders, developers, and investors looking to capitalize on one of the city's premier locations. Enjoy the convenience of being within walking distance to the Cranbrook Golf Club, East Kootenay Regional Hospital, the College of the Rockies, Idlewild Park and Lake, schools, walking trails, and numerous everyday amenities. The property features partial wood fencing and a greenhouse, while the flexible R-1 zoning allows for a variety of residential development opportunities, including single-family homes, duplexes, triplexes, and fourplexes (subject to City of Cranbrook approvals and zoning requirements). Whether you're planning your next investment project or building a custom home, this property offers incredible potential in a neighbourhood known for its mature trees, established homes, and unbeatable central location. Opportunities to build in the Highlands are few and far between—don't miss your chance to secure a prime piece of real estate in one of Cranbrook's most desirable communities.

Home facts

Property type: Vacant Land
Area: Cranbrook South
Listed: July 22, 2026
Structure: Other
PID: 012-359-009
Common interest: Freehold

Highlights

Mountain view
Golf course

Rooms and building

Sewer: Municipal sewage system
Water: Municipal water
Utilities: Water, Sewer, Electricity, Cable, Telephone

Listed by RE/MAX Blue Sky Realty. Last updated Jul 22, 2026, 1:35 PM.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $900
Property tax: $58/mo
Home insurance: $150/mo
Estimated monthly total: $1,108

Purchase snapshot

List price: $189,900
Down payment: $37,980 (20%)
Estimated mortgage: $151,920

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Borrowing costs

What money costs right now

The rates behind any payment estimate on this page.

Prime rate: 4.45%; Variable mortgages are quoted against this.
5 year bond yield: 3.68%; Fixed mortgage pricing follows this.
Policy rate: 2.25%; Set by the Bank of Canada.

These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.

Source: Bank of Canada. As of 2026-09-29

Property tax

What the tax bill looks like

Municipal, regional, hospital and school rates combined.

Estimated annual tax: $1,562; At 8.2237 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.

Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01

Neighbourhood

Open the map

Walk to Save-On-Foods31 min

Bike to Kimberley’s Underground Mining Railway2h 9m

Walk to Kimberley’s Underground Mining Railway7h 8m

Drive to downtown Vancouver21h 22m

Estimated travel times. Map data © OpenStreetMap contributors.

Land and hazards

What the maps say about this land

Provincial designations and mapped natural hazards at this location.

Wildfire interface: Extreme risk; 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.

Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)

Most listed

Detached · 61%

Homes for sale nearby, by type

Detached43 for sale

Condo / Apartment8 for sale

Land8 for sale

Duplex5 for sale

Other4 for sale

Mobile home2 for sale

Active listings within 3 km of this home.

Homes built in Cranbrook, by type

Single-detached65.2% · 5,725

Low-rise apartment14.7% · 1,295

Row house6.0% · 530

Semi-detached5.8% · 510

Movable dwelling5.2% · 455

Apartment in duplex2.6% · 225

Other single-attached0.5% · 45

Source: Statistics Canada, 2021 Census of Population. 8,785 dwellings.

Who lives here

Statistics Canada area 59010180 · Cranbrook

Median age: 50
Renter households: 4%
Average household size: 2.6
Median household income: $110,000

Population (2021): 630
Median rent: $1,071
Owner shelter cost: $695
30%+ of income on shelter: 15%
Owner households: 96%
Households with kids: 31%
Immigrants: 3%
Post-secondary: 54%
Average home value (2021): $408,000

Breakdown

$35,000 to $39,9992.1% · 5

$40,000 to $44,9992.1% · 5

$45,000 to $49,9994.2% · 10

$50,000 to $59,9994.2% · 10

$60,000 to $69,9994.2% · 10

$70,000 to $79,9998.3% · 20

$80,000 to $89,9996.3% · 15

$90,000 to $99,99910.4% · 25

$100,000 to $124,99918.8% · 45

$125,000 to $149,99912.5% · 30

$150,000 to $199,99918.8% · 45

$200,000 and over8.3% · 20

Source: Statistics Canada, 2021 Census Profile, dissemination area 59010180.

Documents

Pick the records you want. Ray Rasouli will email what the listing brokerage shares.

Property disclosure statementReview seller-disclosed conditions and known defects.
Title searchReview registered ownership, charges, easements, and covenants.
Inspection reportsReview available property-condition findings.
Zoning and land-use recordsReview permitted uses and development constraints.
Survey or site planReview boundaries, structures, and encroachments.
Well and water-quality recordsReview water source, testing, and maintenance information.
Septic recordsReview system permits, servicing, and condition information.

Availability is not guaranteed. Review documents with a professional.

28th Avenue

About this home