Property Type: Land / LotOwnership: Freehold

Lot 5 Wasa Lake Park Drive

Wasa, BC V0B2K0

$259,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.47 acres
Frontage
43 feet

Ownership & Fees

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

Interior

Fireplace
None

Listing Information

MLS®
10384906
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

The largest of the five, this 2.47-acre rectangular lot offers unmatched space and opportunity in beautiful Wasa, BC. Just steps from the lake, this property captures incredible views of Wasa Lake, the mountains, and the quiet landscape that defines this sought-after area. A well is already in place, and access from Wasa Lake Park Drive ensures ease and convenience. With no time commitment to build, you can take full advantage of the flexibility this property offers. Create your dream home or hold as an investment—either way, the possibilities are endless. Perfectly positioned only 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. Please contact the listing agent for specific property details 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-doresElementary17.6 km
Lindsay Park ElementaryElementary20.3 km
Selkirk Secondary SchoolSecondary20.4 km
Kimberley Alternate SchoolSecondary20.6 km
Mckim Middle SchoolElementary20.7 km
Kimberley Independent School(Independent)Elementary20.8 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% ($12,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$207,200.00
Periodic payment — Principal & Interest (monthly)$1,336.78
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$1,336.78
Interest paid over 5-yr term$59,384.12
Balance at end of term$186,377.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,892.04

Cash Needed at Closing

Minimum down payment$12,950
Estimated BC PTT$3,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$17,630

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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