Property Type: Land / LotOwnership: Freehold

Lot 62 MARCER Road

Jaffray, BC V0B1R0

$160,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.2 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Strata / maintenance fee
$13/mo
Annual property tax
$1,234

Maintenance Fee Includes

Management

Also included: Other, See Remarks, Reserve Fund Contributions

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10388924
Listed
May 26, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

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

Description

An affordable building lot in Koocanusa Village on the west shores on Lake Koocanusa. Beaches, Marina, playground, trails, convenience store with marine fuel. No building time commitment. Flexible design guidelines, bring your plans and your builder. Walk to the lake or your boat right from your home. Water and Sewer at the lot line. Many homes currently under construction in this fast growing community. An active Community Association puts together events and activities for residents. Strata fee is $150.00 per year. Community Association Fee is $200.00 per year. Lot is plus GST Its time to make memories at Koocanusa. (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/Middle21.9 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% ($8,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$128,000.00
Periodic payment — Principal & Interest (monthly)$825.81
Additional monthly expenses (strata, tax, utilities, etc.)$115.33
Total monthly cost$941.15
Interest paid over 5-yr term$36,685.17
Balance at end of term$115,136.41

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,000
Stress test qualifying rate8.09%
Payment you must qualify for$1,168.83

Cash Needed at Closing

Minimum down payment$8,000
Estimated BC PTT$1,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$11,100

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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