Property Type: Land / LotOwnership: Freehold

Lot 1 Wasa Lake Park Drive

Wasa, BC V0B2K0

$279,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.71 acres
Frontage
45 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, Valley view

Listing Information

MLS®
10384399
Listed
April 28, 2026
Time on market
On the market for 126 days
Data last synced
August 28, 2026

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

Description

Welcome to the peaceful charm of Wasa, BC—where your dream acreage awaits just a stone’s throw from the lake. This 2.71-acre rectangular parcel offers breathtaking views of Wasa Lake, surrounding mountain ranges, and the quiet, natural beauty the area is known for. With a well already in place and access directly off Wasa Lake Park Drive, this property is ready for your vision. Enjoy the freedom of no time commitment to build, giving you the flexibility to plan at your own pace. Whether you're building a year-round residence or a serene getaway, this lot offers endless potential in an unbeatable setting. Ideally located just 20 minutes to Cranbrook, 30 minutes to Cranbrook Airport (YXC), 25 minutes to Kimberley, 1 hour to Invermere, and approximately 4 hours to Calgary. Septic to be installed by the buyer. Contact the listing agent for detailed property information and lot dimensions. (id:63159)

Location Insights

Weather

Nearest station: Cranbrook

Mainly Clear

16°C

Mainly Clear

Humidity 56%

Wind SW 9 km/h

Tonight

Tuesday

27°

Tuesday night

13°

Wednesday

22°

Wednesday night

10°

Thursday

18°

Source: Environment and Climate Change Canada.

Nearby Schools

SchoolTypeDistance
Les Melezes-doresElementary17.5 km
Lindsay Park ElementaryElementary20.2 km
Selkirk Secondary SchoolSecondary20.3 km
Kimberley Alternate SchoolSecondary20.5 km
Mckim Middle SchoolElementary20.6 km
Kimberley Independent School(Independent)Elementary20.7 km
Marysville ElementaryElementary21.9 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: Rocky Mountain (SD6)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$223,200.00
Periodic payment — Principal & Interest (monthly)$1,440.01
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,440.01
Interest paid over 5-yr term$63,969.76
Balance at end of term$200,769.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,038.14

Cash Needed at Closing

Minimum down payment$13,950
Estimated BC PTT$3,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$19,030

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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