- Active
42 12TH Avenue
Cranbrook · Other
- Sqft
- 3,522
- Built
- 1997
Listed by RE/MAX Blue Sky Realty · MLS® 10397225
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Sign inAbout this home
A stand alone professional office building in the heart of downtown Cranbrook can be yours. Built in 1997 this well maintained building has 1830 square feet plus a full basement. Property is zoned C-1 and is in the Downtown Revitalization Tax Exemption area. The property is wheel chair friendly and has 6 parking spaces at the rear of the building. The basement (1830 sq feet) also has 9-foot ceilings, dry walled ceiling and walls and is perfect for secure inventory storage, corporate storage and IT network hubs. The building is fully wired with CAT5 data lines and smoke detector/building security system infrastructure in place. This is an excellent opportunity for accounting, legal, financial, medical and any other commercial operation. This building is just waiting for your business ideas or just invest and is priced to sell at $545,999.
Home facts
- Interior
- 3,522 sq ft
- Year built
- 1997
- Property type
- Other
- Area
- Cranbrook South
- Listed
- August 10, 2026
- Structure
- Other
- PID
- 023-786-116
- Common interest
- Freehold
Features and inclusions
- Heating
- Forced air, See remarks, Other
- Cooling
- Central air conditioning
- Roof
- Other, Unknown
- Parking
- Rear, Oversize
- Lot
- Wheelchair access
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
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
- $2,588
- Property tax
- $158/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,896
Purchase snapshot
- List price
- $545,999
- Down payment
- $109,200 (20%)
- Estimated mortgage
- $436,799
Estimates only. They leave out utilities, upkeep and closing costs.
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
- $4,490
- 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
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 · 52%