Property Type: Land / LotOwnership: Strata

211 River Drive

Cranbrook, BC V1C7C3

$135,999

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.69 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Strata
Strata / maintenance fee
$93/mo
Annual property tax
$1,260.92

Maintenance Fee Includes

Also included: Ground Maintenance, Other, See Remarks

Interior

Fireplace
None

Listing Information

MLS®
10356475
Listed
July 19, 2025
Time on market
On the market for 408 days
Data last synced
August 28, 2026

Listing provided by: PG Direct Realty Ltd. · Data source: CREA DDF.

Description

Visit REALTOR website for additional information. Discover natural beauty and refined living at the Residences of Shadow Mountain, nestled along the St. Mary's River beside the renowned Shadow Mountain Golf Course. This rare 0.689-acre lot offers 35 meters of frontage, only one adjoining neighbor, and direct access to world-class golf. Surrounded by luxury homes and mountain views, it's the perfect setting for your dream home or tranquil retreat. Listed below BC Assessment, this premier property is just minutes from Cranbrook amenities, lakes, and ski resorts-ideal for full-time living or a recreational escape. (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 ElementaryElementary7.6 km
Kootenay Christian Academy(Independent)K-127.7 km
Steeples ElementaryElementary8.1 km
Mount Baker SecondaryElementary8.1 km
Kootenay Educational ServicesSecondary8.1 km
Laurie Middle SchoolMiddle8.6 km
T M Roberts ElementaryElementary8.8 km
St Mary's Catholic Independent(Independent)Elementary9.2 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.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($6,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$108,799.00
Periodic payment — Principal & Interest (monthly)$701.93
Additional monthly expenses (strata, tax, utilities, etc.)$198.43
Total monthly cost$900.36
Interest paid over 5-yr term$31,182.11
Balance at end of term$97,865.05

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$6,800
Stress test qualifying rate8.09%
Payment you must qualify for$993.50

Cash Needed at Closing

Minimum down payment$6,800
Estimated BC PTT$1,360
Legal / closing costs (typical estimate)$1,500
Total cash needed$9,660

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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