1353 CHERRYWOOD Boulevard

Sparwood · MLS® 10383208

1 sq ft lot · 0 parking

House · Recreational · 174 days on market

Listed by William Hubbard, Coldwell Banker Executives Realty

Zoned for a 20 unit, 3 storey ground-oriented townhouse development and has been endorsed by the District for a 39 unit apartment complex as well. Sparwood is in need of multifamily residential accommodation with a vacancy rate of 3.4 % as of 2021 down significantly from 19.2% in 2017. Sparwood has a high demand for workers created by the expansion of Teck Coal the major industry of the area and the workers need accommodation.

Type: House, Recreational
Lot: 1 sq ft
Parking: 0
Property tax: $1,202 / yr
Days on market: 174
MLS®: 10383208

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 174 days

$4,448/mo

Mortgage $4,348 · Tax $100

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,348/ monthly

loan $798,400

25-year amortization

down payment20% · $199,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $506,057
property transfer tax: $17,960; BC general rate
cash to close: $217,560; down + PTT
total paid: $1,304,457

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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