Property Type: Land / LotOwnership: Freehold

Proposed Lot 1 6145 Parnaby Road

Cranbrook, BC V1C0C2

$650,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
1.9 acres

Ownership & Fees

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

Interior

Fireplace
None

Exterior & Lot

View
Mountain view, River view, View of water

Listing Information

MLS®
10350737
Listed
June 4, 2025
Time on market
On the market for 453 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Blue Sky Realty · Data source: CREA DDF.

Description

Proposed Lot 1 offers 1.9 acres of gently sloped land in the exclusive Estates at Shadow Mountain, just minutes from downtown Cranbrook. This spacious estate lot backs onto forested land, offering privacy, natural beauty, and endless potential for a custom-built home. Enjoy sweeping mountain views and direct access to nature. The surrounding area is a haven for outdoor enthusiasts—fly fish the St. Mary River, ski at nearby resorts, golf at Shadow Mountain, or explore miles of trails for hiking and biking. Whether it’s lakes, mountains, or trails, the East Kootenays offer four-season adventure just outside your door. Experience serenity and relaxation at The Estates At Shadow Mountain. This gorgeous lot is one of many in this development, call today for more information! (id:63159)

Location Insights

Weather

Mainly Clear

13°C

Mainly Clear

Humidity 69%

Wind SW 9 km/h

Tonight

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

SchoolTypeDistance
Kootenay Christian Academy(Independent)K-127.7 km
Pinewood ElementaryElementary8.0 km
Steeples ElementaryElementary8.2 km
Mount Baker SecondaryElementary8.4 km
Kootenay Educational ServicesSecondary8.5 km
Laurie Middle SchoolMiddle8.9 km
T M Roberts ElementaryElementary9.4 km
St Mary's Catholic Independent(Independent)Elementary9.6 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: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$3,354.86
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$40,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,690.69

Cash Needed at Closing

Minimum down payment$40,000
Estimated BC PTT$11,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$52,500

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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