Property Type: Land / LotOwnership: Freehold

Lot 3 Wasa Lake Park Drive

Wasa, BC V0B2K0

$279,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.61 acres
Frontage
37 feet

Ownership & Fees

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

Interior

Fireplace
None

Listing Information

MLS®
10384901
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

Escape to nature with this 2.61-acre acreage in the heart of Wasa, BC. Offering a slightly larger footprint, this rectangular lot provides ample space to design and build your dream home while taking in the serene views of Wasa Lake and the surrounding mountains. With a well already in place and convenient access from Wasa Lake Park Drive, the groundwork is set. There is no time commitment to build, allowing you to create your vision on your own timeline. A rare opportunity with endless potential in a peaceful lakeside community. 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 system to be installed by the buyer. Reach out to the listing agent for additional property details and lot measurements. (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 SchoolSecondary20.6 km
Mckim Middle SchoolElementary20.7 km
Kimberley Independent School(Independent)Elementary20.7 km
Marysville ElementaryElementary22.0 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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