Property Type: Land / LotOwnership: Freehold

9020 Grainger Road Lot# Prop Lot 1

Canal Flats, BC V0B1B0

$1,999,999

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Property Details

Property & Lot

Sub-type
Other
Lot size
7.14 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$9,781.61

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10394310
Listed
July 17, 2026
Time on market
On the market for 45 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Rockies West · Data source: CREA DDF.

Description

Exceptional industrial development opportunity at Proposed Lot 1, 9020 Grainger Road! Offering 7.14 acres of flat, industrial-zoned land, this property is primed and ready for your next business venture in one of Canal Flats' fastest-growing industrial areas. With ample space and excellent accessibility, this parcel provides the flexibility to accommodate a wide range of industrial and commercial uses. Whether you're looking to build a manufacturing facility, warehouse, contractor yard, storage operation, or establish a new business headquarters, this property offers the room and potential to bring your vision to life. As Canal Flats continues to experience growth and investment, opportunities to secure industrial land of this size are becoming increasingly rare. Don't miss your chance to invest in the future of this expanding commercial corridor and position your business for long-term success. (id:63159)

Location Insights

Weather

Nearest station: Invermere

Tonight

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

4

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
Martin Morigeau ElementaryElementary1.4 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

Restaurants (1)

  • Canal Flats Family Pantry · 8953 Arbuckle Street581 m

Nearby places data: © OpenStreetMap contributors.

School district: Rocky Mountain (SD6)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($400,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,599,999.00
Periodic payment — Principal & Interest (monthly)$10,322.65
Additional monthly expenses (strata, tax, utilities, etc.)$815.13
Total monthly cost$11,137.78
Interest paid over 5-yr term$458,564.31
Balance at end of term$1,439,204.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$400,000
Stress test qualifying rate8.09%
Payment you must qualify for$12,303.43

Cash Needed at Closing

Minimum down payment$400,000
Estimated BC PTT$38,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$439,500

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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