700 MCBRIDE Street W
Cranbrook, BC V1C6T4
$319,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 5.25 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,229.92
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Listing Information
- MLS®
- 10339446
- Listed
- March 18, 2025
- Time on market
- On the market for 531 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. This stunning 5.25-acre property offers the perfect combination of rural privacy and city convenience, located within Cranbrook city limits yet surrounded by a peaceful wooded landscape. Just minutes from downtown, this acreage provides the ideal setting to build your dream home while enjoying the serenity of nature. With a gentle southward slope, multiple excellent building sites are available, some offering potential city and mountain views. The property is also zoned RT, allowing for a variety of possibilities, and with no building time commitment, you have the flexibility to develop at your own pace. Whether you're looking to create a private retreat, a hobby farm, or a custom estate, this unique opportunity allows you to enjoy the beauty of mountain views while remaining close to all the amenities Cranbrook has to offer. Build your dream home today! (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 |
|---|---|---|
| T M Roberts Elementary | Elementary | 1.2 km |
| Parkland Middle School | Elementary | 1.5 km |
| Pinewood Elementary | Elementary | 1.6 km |
| Gordon Terrace Elementary | Elementary | 1.9 km |
| Mount Baker Secondary | Elementary | 2.3 km |
| Kootenay Educational Services | Secondary | 2.6 km |
| St Mary's Catholic Independent(Independent) | Elementary | 2.7 km |
| Laurie Middle School | Middle | 2.7 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: 5.0% ($15,950) — 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.