Property Type: Land / LotOwnership: Freehold

1600 Wycliffe Park Lot# 5

Cranbrook, BC V1C7C3

$180,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.41 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$855

Interior

Fireplace
None

Listing Information

MLS®
10388019
Listed
May 19, 2026
Time on market
On the market for 104 days
Data last synced
August 28, 2026

Listing provided by: Colliers · Data source: CREA DDF.

Description

100 Plateau Place is a 1.41 acre multi-family development site located within the Shadow Mountain community, offering fully zoned and serviced land to the lot line with approval for up to 57 multi-family units with scenic views overlooking the Shadow Mountain Golf Course. The site forms part of a portfolio of three zoned multi-family development sites, which collectively allow for over 400 multi-family units. Opportunity to purchase the three sites together, but individual site sales units. Opportunity to purchase the three sites together, but individual site sales will be considered. All three lots have recently been reduced in price, presenting a strong opportunity to develop within this sought-after golf resort community. Bring your offers! (id:63159)

Location Insights

Weather

Mainly Clear

16°C

Mainly Clear

Humidity 56%

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 ElementaryElementary6.6 km
Kootenay Christian Academy(Independent)K-126.8 km
Mount Baker SecondaryElementary7.2 km
Steeples ElementaryElementary7.2 km
Kootenay Educational ServicesSecondary7.2 km
Laurie Middle SchoolMiddle7.7 km
T M Roberts ElementaryElementary7.9 km
St Mary's Catholic Independent(Independent)Elementary8.3 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% ($9,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$144,000.00
Periodic payment — Principal & Interest (monthly)$929.04
Additional monthly expenses (strata, tax, utilities, etc.)$71.25
Total monthly cost$1,000.29
Interest paid over 5-yr term$41,270.81
Balance at end of term$129,528.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,314.93

Cash Needed at Closing

Minimum down payment$9,000
Estimated BC PTT$1,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,300

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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