1353 CHERRYWOOD Boulevard
Sparwood, BC V0B2G2
$998,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 1.1 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $1,202
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10383208
- Listed
- April 16, 2026
- Time on market
- On the market for 137 days
- Data last synced
- August 28, 2026
Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.
Description
Zoned for a 20 unit, 3 storey ground-oriented townhouse development and has been endorsed by the District for a 39 unit apartment complex as well. Sparwood is in need of multifamily residential accommodation with a vacancy rate of 3.4 % as of 2021 down significantly from 19.2% in 2017. Sparwood has a high demand for workers created by the expansion of Teck Coal the major industry of the area and the workers need accommodation. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Sparwood average
$219/sqft
9 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
11
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Frank J Mitchell Elementary | Elementary | 1.9 km |
| Sparwood Secondary | Elementary | 1.9 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.
Nearby Places
Parks (3)
- Unnamed151 m
- Cypress Park264 m
- Central Park667 m
Nearby places data: © OpenStreetMap contributors.
School district: South East Kootenay (SD5)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,800) — 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.