Property Type: DuplexOwnership: Freehold

2025 KOKANEE Drive Unit# 46

Cranbrook, BC V1C6J2

$570,000

2 bed2 bath4 parking1,603 sqftBuilt 1994
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Amenities

Also listed: RV Storage, Clubhouse

Property Details

Property & Lot

Sub-type
Duplex
Stories
1
Lot size
0.15 acres

Ownership & Fees

Property type
Duplex
Ownership
Freehold
Strata / maintenance fee
$270/mo
Annual property tax
$4,586.3

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Vinyl siding
Waterfront
Waterfront on creek

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed
Rentals
Allowed with restrictions
Age / occupancy
Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
3pc BathroomMain level13'3'' x 7'9''
Laundry roomMain level13'3'' x 7'5''
SunroomMain level9'5'' x 17'6''
BedroomMain level9'5'' x 11'5''
3pc Ensuite bathMain level7'10'' x 7'5''
Primary BedroomMain level16'5'' x 12'0''
Dining roomMain level11'9'' x 18'3''
KitchenMain level11'4'' x 15'8''
Living roomMain level15'8'' x 19'1''

Listing Information

MLS®
10397649
Listed
August 17, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.

Description

Welcome to easy living in the desirable gated adult community of Terra Lee! This well-maintained 2-bedroom, 2-bathroom home is ideally situated on an exceptionally large strata lot, offering a private backyard oasis with direct access to Joseph Creek. Relax in the enclosed sunroom or on the covered deck while enjoying the peaceful sounds of the creek. Inside, the bright, functional layout features a well-appointed kitchen with pantry & pull-out drawers, large island plus newer fridge and stove. The spacious dining area offers built-in cabinetry, while the sunken living room features a cozy gas fireplace and direct backyard access. The primary suite includes a walk-in closet, 3-piece ensuite with walk-in shower and generous storage. A dedicated laundry room provides a sink, folding table and additional storage. Major updates include roof, furnace and hot water tank in 2020, A/C in 2021 and PEX plumbing throughout. The extra-deep garage offers room for two vehicles or excellent workshop space with backyard access. Two additional outdoor parking stalls are included. Steps from the pathway and bridge to secure RV storage and conveniently located near a bus stop—an ideal combination of comfort, privacy and easy living. (id:63159)

Values & Trends

This listing

$356/sqft

Building average

No other active listings in this building

Cranbrook North average

No comparable active listings

Parking: 4 stall(s) includedStorage 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

6/9 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 Christian Academy(Independent)K-12705 m
Steeples ElementaryElementary1.4 km
Kootenay Educational ServicesSecondary2.2 km
Mount Baker SecondaryElementary2.3 km
Laurie Middle SchoolMiddle2.4 km
Pinewood ElementaryElementary2.8 km
Highlands ElementaryElementary3.1 km
St Mary's Catholic Independent(Independent)Elementary3.2 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

Restaurants (1)

  • ABC Country Restaurant672 m

Cafes (1)

  • Tim Hortons319 m

Grocery (2)

  • Real Canadian Superstore661 m
  • Bulk Barn734 m

Parks (1)

  • Quad Ball Fields494 m

Shopping (4)

  • Unnamed407 m
  • Unnamed444 m
  • Unnamed484 m
  • Walmart · 2100 Willowbrook Drive562 m

Pharmacies (2)

  • Walmart Pharmacy · 2100 Willowbrook Drive565 m
  • Shoppers Drug Mart780 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($32,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$456,000.00
Periodic payment — Principal & Interest (monthly)$2,941.96
Additional monthly expenses (strata, tax, utilities, etc.)$732.19
Total monthly cost$3,674.15
Interest paid over 5-yr term$130,690.91
Balance at end of term$410,173.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,137.03

Cash Needed at Closing

Minimum down payment$32,000
Estimated BC PTT$9,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,900

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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