1102 Highway 3
Sparwood, BC V0B2G1
$900,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 28.11 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $994
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, View (panoramic)
Listing Information
- MLS®
- 10392470
- Listed
- June 23, 2026
- Time on market
- On the market for 69 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Blue Sky Realty · Data source: CREA DDF.
Description
Acquire 28.1 acres of prime land in one of Sparwood's most strategic locations, offering approximately 1,200 feet of Highway 3 frontage, stunning mountain views, existing infrastructure, and tremendous long-term upside. Positioned along Highway 3 and just minutes from downtown Sparwood and the established Douglas Fir Business Area, this rare landholding presents an outstanding opportunity for investors, developers, and owner-users alike. Currently generating rental income, the property provides immediate revenue while allowing a purchaser to secure a significant parcel in an area poised for continued industrial growth. The property is improved with two large buildings, including an office building with a newer roof, a storage shed, power, well, and septic system already in place. The extensive parking and yard area offer excellent functionality for equipment storage, contractors, or industrial users, while the balance of the property provides multiple potential building sites and room for future expansion. The flat upper bench area is particularly well suited for an additional building, expanded parking, or future development opportunities. Properties of this size, location, and versatility rarely come available in Sparwood. Whether you're looking for a revenue-generating investment, a strategic land hold, or a property with exceptional future development potential, this 28-acre parcel offers incredible value and endless possibilities in the heart of the Elk Valley. (id:63159)
Location Insights
Weather
12°C
Mainly Sunny
Humidity 69%
Wind E 10 km/h
Tonight
4°
Tuesday
26°
Tuesday night
8°
Wednesday
21°
Wednesday night
8°
Thursday
18°
Source: Environment and Climate Change Canada.
Population
4,148
(2021 Census)
+9.6% since 2016
Density: 21.7/km²
Dwellings: 2,183
Median household income: $112,000
After-tax: $93,000
Immigrant population: 6.3%
Top countries of origin (% of total population)
- United Kingdom0.8% · 35
- United States of America0.6% · 25
- Poland0.4% · 15
- Philippines0.4% · 15
- Germany0.2% · 10
- Netherlands0.2% · 10
- South Africa, Republic of0.2% · 10
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Sparwood Secondary | Elementary | 3.1 km |
| Frank J Mitchell Elementary | Elementary | 3.1 km |
| Fernie Secondary | K-12 | 24.5 km |
| Isabella Dicken Elementary | Elementary | 24.9 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
School district: South East Kootenay (SD5)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.2% ($65,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.