Property Type: Land / LotOwnership: Freehold

121 Corral Boulevard

Cranbrook, BC V1C0C2

$259,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$130/mo
Annual property tax
$2,418

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10386170
Listed
May 7, 2026
Time on market
On the market for 116 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.

Description

Build the home and the lifestyle you've always dreamed of, right here in the heart of the Rockies. This beautiful, level, treed,1/2 acre lot in a quiet location, with views of both the mountains and the golf course, backs onto the par 3, 12th hole of the scenic Shadow Mountain Golf course. This large lot is ready for your creative building ideas as the zoning allows for a variety of options. Located within the River Valley Estates and only minutes away from Cranbrook for shopping, entertainment and restaurants - less than 10 mins away from the Canadian Rockies International Airport - under a 30 minute drive to the famous Kimberley Alpine ski resort - and within a maximum 25 minute drive to 7 renowned 18 hole championship golf courses. The added bonus with this property is there is no GST! Give your REALTOR® a call and get more details about this amazing opportunity. (id:63159)

Location Insights

Weather

Mainly Clear

13°C

Mainly Clear

Humidity 69%

Wind SW 9 km/h

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

20,499

(2021 Census)

+2.3% since 2016

Density: 641.2/km²

Dwellings: 9,058

Median household income: $80,000

After-tax: $72,500

Immigrant population: 8.7%

Top countries of origin (% of total population)

  • United Kingdom1.4% · 290
  • United States of America1% · 205
  • Philippines0.9% · 175
  • Germany0.6% · 115
  • Jamaica0.5% · 105
  • South Africa, Republic of0.4% · 90
  • Italy0.4% · 75
  • Ukraine0.3% · 55

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Kootenay Christian Academy(Independent)K-126.1 km
Pinewood ElementaryElementary6.6 km
Steeples ElementaryElementary6.6 km
Mount Baker SecondaryElementary6.9 km
Kootenay Educational ServicesSecondary6.9 km
Laurie Middle SchoolMiddle7.3 km
T M Roberts ElementaryElementary8.0 km
St Mary's Catholic Independent(Independent)Elementary8.1 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$207,200.00
Periodic payment — Principal & Interest (monthly)$1,336.78
Additional monthly expenses (strata, tax, utilities, etc.)$331.50
Total monthly cost$1,668.28
Interest paid over 5-yr term$59,384.12
Balance at end of term$186,377.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,892.04

Cash Needed at Closing

Minimum down payment$12,950
Estimated BC PTT$3,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,630

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.

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