Cranbrook · V1C1A2
$9,980/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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A historic commercial building in the heart of downtown Cranbrook. Oh the stories these walls can tell! Built to house the Imperial Bank opened for business on December 1, 1902, in rooms deemed ""neat and Convenient,"" This iconic building certainly raised the general tone of the neighbourhood! 3 walk in vaults one of which is a 7 ton safe. A vault on each floor and a solid concrete room in the basement. The building was increased in size in 1980 and still retained its historic presence. With 5121 Sq Ft on the main floor and 1378 Sq Ft upstairs with stairs or elevator access, and 1,624 Sq Ft in the basement. Zoned C-1 with a plethora of permitted uses. The building is in exceptional condition and is constantly being updated, including torch on roof roofing. The heating is radiant hot water with thermostats for each tenant. The add on foundation was built for a 2nd storey in 1980 with the same historical flavour.
8,123 ft²
Floor area
1900
Year built
Other
Type
Cranbrook North
Area
Listed
April 21, 2026
$1,999,000 is 93.8% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
8 min
walk to Safeway
1h 58m
bike to Kimberley’s Underground Mining Railway
6h 32m
walk to Kimberley’s Underground Mining Railway
21h 17m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 59%
| Detached | 51 | 58.6% |
| Land | 12 | 13.8% |
| Condo / Apartment | 6 | 6.9% |
| Mobile home | 6 | 6.9% |
| Duplex | 5 | 5.7% |
| Other | 7 | 8.0% |
| $10,000 to $14,999 | 10 | 4.4% |
| $15,000 to $19,999 | 15 | 6.7% |
| $20,000 to $24,999 | 15 | 6.7% |
| $25,000 to $29,999 | 15 | 6.7% |
| $30,000 to $34,999 | 5 | 2.2% |
| $35,000 to $39,999 | 10 | 4.4% |
| $40,000 to $44,999 | 15 | 6.7% |
| $45,000 to $49,999 | 20 | 8.9% |
| $50,000 to $59,999 | 20 | 8.9% |
| $60,000 to $69,999 | 10 | 4.4% |
| $70,000 to $79,999 | 15 | 6.7% |
| $80,000 to $89,999 | 15 | 6.7% |
| $90,000 to $99,999 | 10 | 4.4% |
| $100,000 to $124,999 | 20 | 8.9% |
| $125,000 to $149,999 | 10 | 4.4% |
| $150,000 to $199,999 | 10 | 4.4% |
| $200,000 and over | 10 | 4.4% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$9,980
Principal and interest
Calculated estimate
$9,246
Property tax
Calculated estimate
$583/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,999,000
Down payment
Calculated estimate
$399,800 (20%)
Estimated mortgage
Calculated estimate
$1,599,200
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
$9,980
/mo
Rate
%
Amortization
Principal and interest
$9,246
Property tax (est.)
$583
P&I
Tax
Down payment
$399,800 (20%)
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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 $399,800 down (20%) on $1,999,000, 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.
