Cranbrook · V1C0C2
$17,310/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Rare 18.75-acre development parcel inside Shadow Mountain, Cranbrook's premier master-planned mountain community. Held under CD-3 Comprehensive Development zoning, Lot 1 delivers three distinct, ready-to-build components on a single title: a townhouse/duplex parcel, a multi-family parcel positioned for a 60-unit residential building, and a fully serviced single-family parcel. Municipal water and sewer at the lot line, gas to the site, and power across the street. The City has signalled openness to increasing density on this parcel — given its scale, an exceptional ground-up opportunity. Concept plans, a recent appraisal, and an advanced zoning/OCP amendment package convey to a qualified buyer, removing years of entitlement risk. Roads into the community are being paved now. Minutes to downtown Cranbrook, the Canadian Rockies International Airport, golf, ski hills, and the St. Mary River. With Cranbrook's population climbing and a documented regional housing shortage, this is a turnkey entry into one of the East Kootenay's strongest growth stories. Developers and land investors: the work is done — the upside is yours.
Vacant Land
Type
Cranbrook North
Area
Listed
July 6, 2026
Nearby & Commute
1h 21m
walk to Real Canadian Superstore
1h 34m
bike to Kimberley’s Underground Mining Railway
5h 12m
walk to Kimberley’s Underground Mining Railway
21h 16m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Land · 74%
| Land | 28 | 73.7% |
| Detached | 9 | 23.7% |
| Mobile home | 1 | 2.6% |
| Under $5,000 | 5 | 0.9% |
| $10,000 to $14,999 | 5 | 0.9% |
| $15,000 to $19,999 | 5 | 0.9% |
| $20,000 to $24,999 | 20 | 3.4% |
| $25,000 to $29,999 | 25 | 4.3% |
| $30,000 to $34,999 | 25 | 4.3% |
| $35,000 to $39,999 | 30 | 5.1% |
| $40,000 to $44,999 | 30 | 5.1% |
| $45,000 to $49,999 | 25 | 4.3% |
| $50,000 to $59,999 | 50 | 8.5% |
| $60,000 to $69,999 | 50 | 8.5% |
| $70,000 to $79,999 | 45 | 7.7% |
| $80,000 to $89,999 | 40 | 6.8% |
| $90,000 to $99,999 | 55 | 9.4% |
| $100,000 to $124,999 | 70 | 12.0% |
| $125,000 to $149,999 | 35 | 6.0% |
| $150,000 to $199,999 | 45 | 7.7% |
| $200,000 and over | 25 | 4.3% |
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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
$17,310
Principal and interest
Calculated estimate
$16,143
Property tax
Calculated estimate
$1,017/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$3,490,000
Down payment
Calculated estimate
$698,000 (20%)
Estimated mortgage
Calculated estimate
$2,792,000
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
$17,310
/mo
Rate
%
Amortization
Principal and interest
$16,143
Property tax (est.)
$1,017
P&I
Tax
Down payment
$698,000 (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 $698,000 down (20%) on $3,490,000, 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.
Provincial farmland protection restricts subdivision and non-farm use.
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.
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.
