2482 King Street NW
Cranbrook, BC V1C6S7
$535,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 4.52 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,599.48
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10386505
- Listed
- May 7, 2026
- Time on market
- On the market for 116 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Blue Sky Realty · Data source: CREA DDF.
Description
The Ultimate Turnkey Basecamp — just 4 km from downtown Cranbrook. This premium 4.5-acre property offers exceptional privacy, excellent sun exposure, and multiple flat building sites ready for your dream home. At the heart of the property is a fully upgraded 1,444 sq ft shop, constructed with cinder block and heavy fir timber for lasting durability. Designed as a commercial-grade workspace, it features new closed-cell spray foam insulation, 200 AMP service with dedicated tool circuits, new propane ceiling heat, and an included air compressor. The property also offers dual 18' x 38' carports, extensive flat parking, and an 8-camera CCTV security system. Zoned RR8, it’s the ideal secure base to store your RV and recreational toys while you build—or to operate a high-end personal shop. (id:63159)
Location Insights
Weather
16°C
Mainly Clear
Humidity 56%
Wind SW 9 km/h
Tonight
9°
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
| School | Type | Distance |
|---|---|---|
| Pinewood Elementary | Elementary | 3.4 km |
| Mount Baker Secondary | Elementary | 4.2 km |
| Kootenay Educational Services | Secondary | 4.3 km |
| T M Roberts Elementary | Elementary | 4.4 km |
| Kootenay Christian Academy(Independent) | K-12 | 4.7 km |
| Steeples Elementary | Elementary | 4.7 km |
| Laurie Middle School | Middle | 4.7 km |
| Parkland Middle School | Elementary | 4.9 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.3% ($28,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.