1513 ABEL Avenue
Cranbrook, BC V1C0C4
$260,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.31 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,317.39
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view, View (panoramic)
Listing Information
- MLS®
- 10383309
- Listed
- April 14, 2026
- Time on market
- On the market for 139 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
Build your dream home in Cranbrook’s most premier neighbourhood. Discover the perfect canvas for your next home in Park Royal Estates, one of Cranbrook’s most prestigious communities. Nestled on sought-after and quiet Able Avenue, this expansive 0.3-acre lot is one of the only flat building sites available in this higher-end neighbourhood, making it an exceptional and practical opportunity for your future build. Adorned with mature trees for added privacy and natural beauty, the property also offers the potential for a walk-out basement, giving you even more flexibility in designing a home that fits your lifestyle. Backing directly onto a pathway that leads straight to the Community Forest, this lot offers immediate access to one of Cranbrook’s most loved outdoor spaces, with year-round hiking and biking trails just beyond your backyard. Surrounded by high-end homes, the neighbourhood radiates pride of ownership and offers a truly special setting that rarely becomes available. Enjoy the best of both worlds, with luxury living and everyday convenience. Schools, parks, shopping, public transit, the hospital, and the college are all nearby, while your future home may also capture some of the most stunning views Cranbrook has to offer. Seize this rare opportunity to create something truly special in one of the city’s finest communities. Welcome home. (id:63159)
Location Insights
Weather
16°C
Mainly Clear
Humidity 56%
Wind SW 9 km/h
Tonight
9°
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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
4
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 |
|---|---|---|
| Kootenay Christian Academy(Independent) | K-12 | 703 m |
| Steeples Elementary | Elementary | 1.2 km |
| Kootenay Educational Services | Secondary | 2.2 km |
| Laurie Middle School | Middle | 2.3 km |
| Mount Baker Secondary | Elementary | 2.4 km |
| Highlands Elementary | Elementary | 2.5 km |
| St Mary's Catholic Independent(Independent) | Elementary | 2.9 km |
| Pinewood Elementary | Elementary | 3.1 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.
Nearby Places
Parks (1)
- Quad Ball Fields727 m
Nearby places data: © OpenStreetMap contributors.
School district: South East Kootenay (SD5)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($13,000) — 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.