Property Type: Land / LotOwnership: Freehold

1600 Wycliffe Park Lot# 6

Cranbrook, BC V1C7C3

$670,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
4.57 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$700.73

Interior

Fireplace
None

Listing Information

MLS®
10387998
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

109 Shadow Mountain is a 4.57 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 194 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 will be considered. All three lots have recently been reduced in price, presenting a strong opportunity to develop within this sought-after gold 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: 6.3% ($42,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$536,000.00
Periodic payment — Principal & Interest (monthly)$3,458.09
Additional monthly expenses (strata, tax, utilities, etc.)$58.39
Total monthly cost$3,516.48
Interest paid over 5-yr term$153,619.14
Balance at end of term$482,133.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$42,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,829.10

Cash Needed at Closing

Minimum down payment$42,000
Estimated BC PTT$11,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$54,900

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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