Property Type: Land / LotOwnership: Freehold

343 Cross Road S

Cranbrook, BC V1C6W6

$469,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
5 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,536

Interior

Fireplace
None

Listing Information

MLS®
10398204
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

Listing provided by: Cherry Creek Property Services Ltd. · Data source: CREA DDF.

Description

A rare opportunity to build your dream home in the heart of the Kootenays! This beautiful 5-acre parcel on the edge of Cranbrook offers the perfect combination of privacy, natural beauty, and convenience. Surrounded by mature trees and showcasing beautiful mountain views, this peaceful property provides a private, wooded setting with plenty of space to create the home and lifestyle you've always envisioned. Enjoy the best of Kootenay living with lakes, Crown land, hiking and recreational trails just minutes away, while still being conveniently close to downtown Cranbrook, the airport, schools, shopping, and amenities. Whether you're dreaming of a custom family home, space for a shop and recreational toys, gardens, or simply a quiet retreat surrounded by nature, these five acres provide an incredible canvas to make it your own. Properties offering this much land, privacy, mountain scenery, and proximity to Cranbrook are increasingly hard to find. Bring your plans, bring your dreams, and discover the possibilities of owning your own piece of the Kootenays. (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
T M Roberts ElementaryElementary1.6 km
Parkland Middle SchoolElementary1.7 km
Pinewood ElementaryElementary2.1 km
Gordon Terrace ElementaryElementary2.1 km
Mount Baker SecondaryElementary2.8 km
Kootenay Educational ServicesSecondary3.1 km
St Mary's Catholic Independent(Independent)Elementary3.1 km
Laurie Middle SchoolMiddle3.2 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% ($23,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$375,200.00
Periodic payment — Principal & Interest (monthly)$2,420.66
Additional monthly expenses (strata, tax, utilities, etc.)$128.00
Total monthly cost$2,548.66
Interest paid over 5-yr term$107,533.40
Balance at end of term$337,493.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,426.12

Cash Needed at Closing

Minimum down payment$23,450
Estimated BC PTT$7,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,330

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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