604 16TH S Street
Cranbrook, BC V1C5V4
$210,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.18 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,073.55
Interior
- Fireplace
- None
Exterior & Lot
- View
- City view, Mountain view
Listing Information
- MLS®
- 10352356
- Listed
- June 16, 2025
- Time on market
- On the market for 441 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
Seller may consider financing *oac. A rare opportunity to build your dream home in one of Cranbrook’s most desirable neighbourhoods! This .186-acre lot (approx. 70 wide by 115 feet deep) is perfectly situated on a quiet, well-established street and offers beautiful views, excellent sun exposure, and plenty of space to bring your vision to life. Whether you're designing a modern family home or a custom retreat, this property is the perfect canvas. You'll love the convenience of being just minutes from Elizabeth Lake’s scenic walking trails and bird sanctuary, as well as nearby schools, parks, public transit, and all the amenities of downtown Cranbrook. The neighborhood is peaceful, family-friendly, and ideal for anyone looking to blend lifestyle and location. Adding even more value is a 22’ x 22’ detached shop/garage already on the property—perfect for storage, hobbies, or future use as a workspace. Thanks to BC’s newly updated building bylaws, even R1-zoned properties like this one now offer incredible potential for higher-density development—unlocking exciting opportunities for multi-unit builds, secondary suites, or income-generating additions. Don't miss this rare chance to build in a location that offers community, convenience, and incredible potential. (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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
7
1/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Gordon Terrace Elementary | Elementary | 272 m |
| Parkland Middle School | Elementary | 628 m |
| T M Roberts Elementary | Elementary | 1.0 km |
| Kootenay Orchards Elementary | Elementary | 1.3 km |
| St Mary's Catholic Independent(Independent) | Elementary | 1.5 km |
| Laurie Middle School | Middle | 2.2 km |
| Mount Baker Secondary | Elementary | 2.3 km |
| Pinewood Elementary | Elementary | 2.3 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.
Nearby Places
Parks (1)
- Gordon Terrace287 m
Nearby places data: © OpenStreetMap contributors.
School district: South East Kootenay (SD5)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($10,500) — 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.