Lot 3 LAKEVIEW Drive
Cranbrook, BC V1C6W4
$385,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 4.95 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $1,861.51
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, View (panoramic)
Listing Information
- MLS®
- 10394606
- Listed
- July 15, 2026
- Time on market
- On the market for 47 days
- Data last synced
- August 28, 2026
Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.
Description
Imagine building your dream home on the coveted Lakeview Drive, just a stone's throw away from the serene Jim Smith Lake in Cranbrook, BC. Nestled on nearly 5 acres, this parcel boasts a generous frontage and is adorned with majestic, mature trees throughout. Its gentle slope is ideal for crafting an estate home with a walk-out basement, offering unparalleled tranquility and privacy. Surrounded by upscale residences, this property provides the perfect blend of rural serenity and urban convenience, located mere minutes from downtown Cranbrook. Enjoy the proximity to Jim Smith Lake, where you can indulge in swimming, fishing, paddleboarding, and more, making every day a retreat into nature's embrace. Well in place, septic would be required. Flexible building rules, no modulars allowed and restrictions to pets include up to 2 horses, no other farm animals. (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 |
|---|---|---|
| Parkland Middle School | Elementary | 6.0 km |
| T M Roberts Elementary | Elementary | 6.4 km |
| Gordon Terrace Elementary | Elementary | 6.5 km |
| Pinewood Elementary | Elementary | 7.4 km |
| Kootenay Orchards Elementary | Elementary | 7.7 km |
| St Mary's Catholic Independent(Independent) | Elementary | 7.9 km |
| Mount Baker Secondary | Elementary | 8.0 km |
| Kootenay Educational Services | Secondary | 8.2 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% ($19,250) — 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.