Property Type: Land / LotOwnership: Freehold

305 CORRAL Place

Cranbrook, BC V1C0C2

$209,000

Get Directions

Property Details

Property & Lot

Sub-type
Other
Lot size
0.43 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$130/mo
Annual property tax
$2,290.58

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10389021
Listed
May 26, 2026
Time on market
On the market for 97 days
Data last synced
August 28, 2026

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

Description

The perfect spot to build your dream home or your vacation getaway! Welcome to Lot 33 at River Valley Estates. A beautifully treed .429 acre property, at the end of a cul-de-sac, that backs the 10th hole at Shadow Mountain golf course. This neighborhood is a captivating blend of natural forested surroundings but minutes to the amenities of Cranbrook and the Canadian Rockies International Airport. It is truly a magical setting. Don't miss the opportunity to bring your new home plans to life! (id:63159)

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.

Nearby Schools

SchoolTypeDistance
Kootenay Christian Academy(Independent)K-126.4 km
Pinewood ElementaryElementary6.8 km
Steeples ElementaryElementary6.9 km
Mount Baker SecondaryElementary7.1 km
Kootenay Educational ServicesSecondary7.2 km
Laurie Middle SchoolMiddle7.6 km
T M Roberts ElementaryElementary8.1 km
St Mary's Catholic Independent(Independent)Elementary8.3 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.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($10,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$167,200.00
Periodic payment — Principal & Interest (monthly)$1,078.72
Additional monthly expenses (strata, tax, utilities, etc.)$320.88
Total monthly cost$1,399.60
Interest paid over 5-yr term$47,920.00
Balance at end of term$150,396.94

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$10,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,526.78

Cash Needed at Closing

Minimum down payment$10,450
Estimated BC PTT$2,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$14,130

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.

Request more information