8898 Grainger Road
Canal Flats, BC V0B1B0
$575,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.15 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,447.18
Interior
- Basement
- Remodeled Basement
- Heating
- Baseboard heaters
- Fireplace
- None
- Flooring
- Mixed Flooring
Exterior & Lot
- View
- Mountain view
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 6
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 10' x 14' |
| Partial bathroom | Secondary Dwelling Unit | — |
| Utility room | Lower level | 11' x 8' |
| Other | Secondary Dwelling Unit | 13' x 9' |
| Other | Secondary Dwelling Unit | 19' x 30' |
| Other | Secondary Dwelling Unit | 35' x 29' |
| Full bathroom | Main level | — |
| Primary Bedroom | Main level | 20' x 14' |
| Bedroom | Main level | 23' x 7' |
| Kitchen | Main level | 11' x 14' |
Listing Information
- MLS®
- 10392900
- Listed
- June 27, 2026
- Time on market
- On the market for 65 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.
Description
Discover the possibilities at 8898 Grainger Road, a versatile C-1 zoned property offering separate residential and commercial spaces in a prime downtown location. The self-contained two-bedroom suite and separate commercial space provides comfortable living accommodations, perfect for an owner-occupier, employee housing, or rental income. Separate from the suite, the fully refinished commercial space is bright and welcoming, featuring a built-in reception desk and a large open-concept area ready to bring your business vision to life. Whether you're opening a retail shop, professional office, studio, or service-based business, the flexible layout offers endless potential. The fully finished lower level expands the commercial space with a bathroom, kitchenette area, office space, and additional flexible rooms to suit your operational needs. Outside, enjoy a secure, fenced and gated rear yard with plenty of room for storage or additional use, all while taking in the beautiful mountain views. Centrally located in the downtown core, this property offers excellent exposure, convenience, and the flexibility to live, work, or invest all in one place. A rare opportunity with endless possibilities—bring your ideas and make them a reality at 8898 Grainger Road. (id:63159)
Values & Trends
This listing
$184/sqft
Building average
—
No other active listings in this building
Canal Flats average
$375/sqft
9 active listing(s)
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: Invermere
—
—
Tonight
9°
Tuesday
27°
Tuesday night
13°
Wednesday
22°
Wednesday night
10°
Thursday
18°
Source: Environment and Climate Change Canada.
Population
802
(2021 Census)
+20.1% since 2016
Density: 72.4/km²
Dwellings: 470
Median household income: $71,500
After-tax: $65,000
Immigrant population: 4.7%
Top countries of origin (% of total population)
- United States of America1.2% · 10
- United Kingdom1.2% · 10
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 |
|---|---|---|
| Martin Morigeau Elementary | Elementary | 803 m |
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
Restaurants (1)
- Canal Flats Family Pantry · 8953 Arbuckle Street306 m
Nearby places data: © OpenStreetMap contributors.
School district: Rocky Mountain (SD6)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($32,500) — 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.