LOT 1 6145 PARNABY Road
Cranbrook, BC V1C0C2
$3,490,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 18.76 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $6,489
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, View (panoramic)
Listing Information
- MLS®
- 10393440
- Listed
- July 6, 2026
- Time on market
- On the market for 56 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
Rare 18.75-acre development parcel inside Shadow Mountain, Cranbrook's premier master-planned mountain community. Held under CD-3 Comprehensive Development zoning, Lot 1 delivers three distinct, ready-to-build components on a single title: a townhouse/duplex parcel, a multi-family parcel positioned for a 60-unit residential building, and a fully serviced single-family parcel. Municipal water and sewer at the lot line, gas to the site, and power across the street. The City has signalled openness to increasing density on this parcel — given its scale, an exceptional ground-up opportunity. Concept plans, a recent appraisal, and an advanced zoning/OCP amendment package convey to a qualified buyer, removing years of entitlement risk. Roads into the community are being paved now. Minutes to downtown Cranbrook, the Canadian Rockies International Airport, golf, ski hills, and the St. Mary River. With Cranbrook's population climbing and a documented regional housing shortage, this is a turnkey entry into one of the East Kootenay's strongest growth stories. Developers and land investors: the work is done — the upside is yours. (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 |
|---|---|---|
| Kootenay Christian Academy(Independent) | K-12 | 6.0 km |
| Steeples Elementary | Elementary | 6.5 km |
| Pinewood Elementary | Elementary | 6.5 km |
| Mount Baker Secondary | Elementary | 6.8 km |
| Kootenay Educational Services | Secondary | 6.8 km |
| Laurie Middle School | Middle | 7.2 km |
| T M Roberts Elementary | Elementary | 7.9 km |
| St Mary's Catholic Independent(Independent) | Elementary | 7.9 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)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($698,000) — 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.