Property Type: Condo / ApartmentOwnership: Strata

8981 Jaffray Baynes Lake Road Road Lot# 7

Baynes Lake, BC V0B1T4

$369,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.07 acres

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Annual property tax
$1

Interior

Fireplace
None

Listing Information

MLS®
10393964
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Fernie) · Data source: CREA DDF.

Description

Welcome to your home away from home at Koocanusa Resort! This RARE lakefront share sale opportunity offers exclusive use of Lot 7, perfectly positioned with direct access to the water. Designed for making unforgettable memories, this fully serviced recreational property features has a beautifully finished covered and uncovered cedar deck offering stunning lake views. The property includes a General Coach 2 bed/1 bath park model and a separate bunkhouse, comfortably accommodating up to 10 guests, making it ideal for hosting family and friends. Annual fees of just $550 include water, sewer, electricity, garbage, property taxes, and caretaker, allowing you to enjoy a truly low-maintenance getaway. A private buoy is also included, so you’re always ready for your next adventure on Lake Koocanusa. Enjoy everything Koocanusa Resort has to offer within this gated recreational community. Resort amenities include a private boat launch, beach area with a floating dock, playground, washroom facilities, and beautifully maintained common areas. Open from April through October, the resort is the perfect base for boating, swimming, fishing, biking, and ATVing. Whether you’re seeking peaceful lakeside relaxation or a turnkey recreational property to enjoy for years to come, this exceptional waterfront opportunity is ready to welcome you. (id:63159)

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.

Nearby Schools

SchoolTypeDistance
Jaffray Elem-Jr SecondaryElementary/Middle8.3 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.

School district: South East Kootenay (SD5)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($18,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$295,920.00
Periodic payment — Principal & Interest (monthly)$1,909.18
Additional monthly expenses (strata, tax, utilities, etc.)$0.08
Total monthly cost$1,909.26
Interest paid over 5-yr term$84,811.52
Balance at end of term$266,181.00

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$18,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,702.18

Cash Needed at Closing

Minimum down payment$18,495
Estimated BC PTT$5,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,393

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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