Property Type: Detached HouseOwnership: Freehold

7250 Olsen Road

Jaffray, BC V0B1T0

$849,000

3 bed3.5 bath2 parking2,191 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1.85 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,376.43

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Gas, Unknown

Exterior & Lot

View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage, RV, Oversize, Heated Garage

Room Dimensions

RoomLevelDimensions
Family roomBasement21'9'' x 9'8''
Living roomBasement13'5'' x 18'
Full bathroomBasement
BedroomBasement7'7'' x 10'
BedroomBasement10' x 12'
FoyerMain level7'5'' x 4'9''
Partial bathroomMain level
Full ensuite bathroomMain level
Primary BedroomMain level12' x 16'10''
Living roomMain level18' x 12'6''
Dining roomMain level9'10'' x 12'5''
KitchenMain level8'6'' x 11'8''

Listing Information

MLS®
10365735
Listed
October 15, 2025
Time on market
On the market for 320 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Mountain Lifestyles Inc. · Data source: CREA DDF.

Description

Welcome to this well-maintained 1.85-acre property located in the heart of Jaffray, just minutes from Tie Lake. Offering the perfect blend of comfort and outdoor living, this property provides plenty of space to relax, explore, and enjoy everything the South Country has to offer. Built in 1999, the home features 3 bedrooms, 3 bathrooms, and approximately 2,200 square feet of inviting living space. The vaulted ceilings fill the main living area with natural light, creating a bright and open atmosphere. The kitchen walks out to a spacious deck, ideal for summer BBQs and entertaining. The home has been carefully maintained and updated over the years, including a new hot water tank (2019), updated roof, refreshed downstairs bathroom, and new carpet in the basement. Comfort features include A/C and central vac for added convenience. Outside, you’ll find a detached double garage — perfect for parking, a workshop, or storing all your outdoor gear. The property offers plenty of space to garden, play, or simply enjoy the peace and privacy of rural living. Located close to local amenities in Jaffray, including a school, gym, pub, multiple gas stations, and a golf course. Also, this property is ideal for outdoor enthusiasts with easy access to hiking, biking, fishing, and quadding trails. Experience acreage living with all the comforts of home — this Jaffray gem is ready to welcome its next owners. (id:63159)

Values & Trends

This listing

$387/sqft

Building average

No other active listings in this building

Jaffray and Vicinity average

$761/sqft

6 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Cranbrook

Mainly Clear

15°C

Mainly Clear

Humidity 61%

Wind SW 4 km/h

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

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

SchoolTypeDistance
Jaffray Elem-Jr SecondaryElementary/Middle732 m
Sophie-MorigeauElementary20.8 km
The Fernie Academy(Independent)K-1222.2 km
Isabella Dicken ElementaryElementary23.1 km
Fernie SecondaryK-1223.5 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

Cafes (1)

  • First Perk Coffee House · 1885 Aspen Drive289 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 7.1% ($59,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$679,200.00
Periodic payment — Principal & Interest (monthly)$4,381.97
Additional monthly expenses (strata, tax, utilities, etc.)$391.37
Total monthly cost$4,773.34
Interest paid over 5-yr term$194,660.67
Balance at end of term$610,942.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$59,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,067.90

Cash Needed at Closing

Minimum down payment$59,900
Estimated BC PTT$14,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$76,380

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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