Property Type: Detached HouseOwnership: Freehold

1605 24th Avenue S

Cranbrook, BC V1C6Y8

$1,200,000

3 bed3 bath2,411 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
5.06 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,382.2

Interior

Heating
Baseboard heaters, Forced air, Electric
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

View
Mountain view

Parking

Features
Carport

Room Dimensions

RoomLevelDimensions
Hobby roomLower level13'8'' x 14'0''
OfficeLower level13'7'' x 13'9''
Full bathroomLower level5'9'' x 6'0''
BedroomLower level15'8'' x 10'0''
Recreation roomLower level24'11'' x 20'4''
Full bathroomMain level4'11'' x 7'10''
BedroomMain level11'6'' x 10'3''
Living roomMain level12'3'' x 25'10''
Full ensuite bathroomMain level5'0'' x 7'10''
KitchenMain level19'4'' x 11'11''
Primary BedroomMain level18'3'' x 11'5''

Listing Information

MLS®
10360699
Listed
August 29, 2025
Time on market
On the market for 367 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Purcell Realty Ltd · Data source: CREA DDF.

Description

Escape to your own 5-acre retreat just minutes from Cranbrook, where lifestyle meets income potential. This 2,600+ sq ft cedar-sided home features vaulted cedar ceilings, mountain views, and multiple decks. Updates include a new microwave, oven, dishwasher, and a $2,800 water softener system treating both hot and cold water. The walkout basement offers a rec room with fireplace, extra bedroom, bath, and flexible space. A large cedar room adds versatility as a studio or potential 4th bedroom. Grandfathered RDEK business zoning (since 2001) permits up to 5 employees plus owner. Outbuildings feature separate meters: 24’x80’x12’ Shop: Heated, 200-amp 3-phase power. 16’x50’ Shop: Heated, ideal for trades. 13’x22’ Garage & 14’x18’ Shed: Ample storage. Permitted uses include preschool child care, B&B, vehicle/appliance repair, electrician, office, welder, contractor, cabinet maker, plumber, machinist, and more. Entertain up to 50 guests in the fully serviced gazebo, complete with a wood fireplace, pizza oven, full kitchen, and separate washrooms. With subdivision potential and an accessible location, this is a rare live/work opportunity in the Kootenays. (id:63159)

Values & Trends

This listing

$498/sqft

Building average

No other active listings in this building

Cranbrook South average

$337/sqft

36 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

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

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.

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

SchoolTypeDistance
Kootenay Orchards ElementaryElementary533 m
St Mary's Catholic Independent(Independent)Elementary1.2 km
Highlands ElementaryElementary1.4 km
Gordon Terrace ElementaryElementary1.8 km
Laurie Middle SchoolMiddle1.9 km
Parkland Middle SchoolElementary2.3 km
Kootenay Educational ServicesSecondary2.3 km
T M Roberts ElementaryElementary2.3 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.

Nearby Places

Parks (1)

  • Kootenay Orchards544 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($95,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$960,000.00
Periodic payment — Principal & Interest (monthly)$6,193.59
Additional monthly expenses (strata, tax, utilities, etc.)$486.18
Total monthly cost$6,679.78
Interest paid over 5-yr term$275,138.76
Balance at end of term$863,523.10

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$95,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,497.06

Cash Needed at Closing

Minimum down payment$95,000
Estimated BC PTT$22,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,500

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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