Property Type: Land / LotOwnership: Freehold

Lot 108 Koocanusa Lake Drive

Lake Koocanusa, BC V0B1T5

$189,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.14 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$21/mo
Annual property tax
$447

Maintenance Fee Includes

Management

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10390269
Listed
June 9, 2026
Time on market
On the market for 83 days
Data last synced
August 28, 2026

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

Description

Looking for a ready-to-build, flat, freehold lot on Lake Koocanusa? Lot 108 Koocanusa Lake Drive offers 0.143 acres in the sought-after Koocanusa Village community, with lake and mountain views, flexible building options, and a green space corridor next door for added breathing room. Set between the main lake and family-friendly Crystal Lake in one of the East Kootenay’s favourite recreational destinations, this lot gives you the freedom to create a custom lake retreat on your own timeline. Bring your ideas, choose your builder, and design a getaway that fits how you want to enjoy the area. Lake Koocanusa is known for boating, swimming, paddle boarding, fishing, hiking, biking, and backcountry exploring, with four-season adventure close by. The village has a marina, store, pickleball courts and more amenities coming as the community continues to grow. With power already available on the lot, a freehold title and no required build timeline - this lot is a smart option whether you are ready to start now or want to secure land for the future. The green corridor beside you offers a rare sense of space in a growing lakeside community. Head down to Koocanusa Village to enjoy the gorgeous setting and welcoming lake lifestyle for yourself. (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/Middle22.1 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($9,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$151,200.00
Periodic payment — Principal & Interest (monthly)$975.49
Additional monthly expenses (strata, tax, utilities, etc.)$58.08
Total monthly cost$1,033.57
Interest paid over 5-yr term$43,334.35
Balance at end of term$136,004.89

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$9,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,380.68

Cash Needed at Closing

Minimum down payment$9,450
Estimated BC PTT$1,890
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,840

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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