Property Type: Land / LotOwnership: Freehold

132 PLATEAU Place

Cranbrook, BC V1C0C6

$140,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.24 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$93/mo
Annual property tax
$1,012.52

Maintenance Fee Includes

Management

Also included: Other, See Remarks

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, Valley view, View (panoramic)

Listing Information

MLS®
10381737
Listed
April 2, 2026
Time on market
On the market for 151 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

Build your future in one of Cranbrook’s most scenic golf course communities. This 0.24-acre lot offers a rare chance to secure one of the last available parcels in a peaceful cul-de-sac, surrounded by upscale homes and natural beauty. Set directly across from the 16th hole of Shadow Mountain Golf Course, the property is nicely treed and offers an incredible setting for a custom home designed to take full advantage of the views and lifestyle this area is known for. Located within Cranbrook city limits, Shadow Mountain combines everyday convenience with spectacular surroundings, including views of the St. Mary’s River and the Canadian Rockies. Enjoy easy access to golf, nearby skiing, and the Canadian Rockies International Airport just a short drive away. A setting like this is hard to find—come explore the property and imagine what you could create here. (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
Pinewood ElementaryElementary7.2 km
Kootenay Christian Academy(Independent)K-127.3 km
Steeples ElementaryElementary7.7 km
Mount Baker SecondaryElementary7.7 km
Kootenay Educational ServicesSecondary7.8 km
Laurie Middle SchoolMiddle8.3 km
T M Roberts ElementaryElementary8.5 km
St Mary's Catholic Independent(Independent)Elementary8.9 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($7,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$112,000.00
Periodic payment — Principal & Interest (monthly)$722.59
Additional monthly expenses (strata, tax, utilities, etc.)$177.73
Total monthly cost$900.31
Interest paid over 5-yr term$32,099.52
Balance at end of term$100,744.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,022.72

Cash Needed at Closing

Minimum down payment$7,000
Estimated BC PTT$1,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,900

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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