Property Type: Land / LotOwnership: Freehold

229 River Ridge Way

Kimberley, BC V1A0A6

$150,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.41 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$88/mo
Annual property tax
$2,835

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view, Valley view, View of water, View (panoramic)

Listing Information

MLS®
10382712
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

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

Description

Ready to create your dream mountain home with stunning views overlooking the St. Mary's River? Check out this beautiful sloped lot in a peaceful rural setting but with the conveniences of city water and sewer! In fact, everything including internet, power, and gas is at the lot line ready for your new home. Spanning nearly half an acre (0.41 acre), the property is expansive as two lots have been legally combined into one with a cleared build site ready for construction. It comes with a current Geotechnical report, preliminary build plans, and monthly strata fees of $87.50. Enjoy breathtaking views, the soothing sound of the river below, and endless outdoor activities with nearby nature trails, St. Mary's River, and St. Mary's Lake. Plus, it's just 20 minutes from the Canadian International Airport and Kimberley Rockies Resort. No time frame to build. (id:63159)

Location Insights

Weather

Nearest station: Cranbrook

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

8,115

(2021 Census)

+9.3% since 2016

Density: 134.1/km²

Dwellings: 4,263

Median household income: $81,000

After-tax: $72,000

Immigrant population: 8.4%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 215
  • United States of America0.9% · 75
  • Germany0.7% · 60
  • Netherlands0.5% · 40
  • Philippines0.4% · 30
  • China0.2% · 15
  • Korea, South0.2% · 15
  • Mexico0.1% · 10

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Marysville ElementaryElementary3.0 km
Kimberley Independent School(Independent)Elementary4.3 km
Mckim Middle SchoolElementary5.6 km
Kimberley Alternate SchoolSecondary5.9 km
Selkirk Secondary SchoolSecondary6.3 km
Lindsay Park ElementaryElementary7.0 km
Les Melezes-doresElementary7.8 km
Pinewood ElementaryElementary20.4 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: Rocky Mountain (SD6)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($7,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$120,000.00
Periodic payment — Principal & Interest (monthly)$774.20
Additional monthly expenses (strata, tax, utilities, etc.)$323.75
Total monthly cost$1,097.95
Interest paid over 5-yr term$34,392.34
Balance at end of term$107,940.39

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$7,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,095.78

Cash Needed at Closing

Minimum down payment$7,500
Estimated BC PTT$1,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$10,500

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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