Property Type: Land / LotOwnership: Freehold

Lot 16 MARCER Drive

Lake Koocanusa, BC V0B1T5

$250,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.26 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$737

Interior

Fireplace
None

Listing Information

MLS®
10387784
Listed
May 15, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

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

Description

Build-ready lot at Koocanusa Village! This premium, freehold title lot offers an exceptional canvas to bring your lakeside home vision to life. Positioned right next to the marina, this lot captures stunning lake and mountain views, and delivers unbeatable access to year-round recreation. Boating, paddle boarding, swimming, fishing, hiking, and endless outdoor adventure are quite literally at your doorstep. Koocanusa Village is known for its welcoming lakeside community, natural beauty, and proximity to abundant amenities and services, making it ideal for both seasonal enjoyment or a future full-time retreat. Opportunities to secure build-ready lots in this community are increasingly rare. There is no build timeline, so bring your ideas, choose your builder, and create something extraordinary in one of the region’s most desirable recreational destinations. (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/Middle22.2 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% ($12,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$200,000.00
Periodic payment — Principal & Interest (monthly)$1,290.33
Additional monthly expenses (strata, tax, utilities, etc.)$61.42
Total monthly cost$1,351.75
Interest paid over 5-yr term$57,320.57
Balance at end of term$179,900.65

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,826.29

Cash Needed at Closing

Minimum down payment$12,500
Estimated BC PTT$3,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,000

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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