1600 Wycliffe Park Lot# 5

CRANL Cranbrook Periphery, Cranbrook · MLS® 10388019

1.41 acres lot · Land · Vacant Land · 164 days on market

listed by Mark Lester, Colliers

realtor's description

100 Plateau Place is a 1.41 acre multi-family development site located within the Shadow Mountain community, offering fully zoned and serviced land to the lot line with approval for up to 57 multi-family units with scenic views overlooking the Shadow Mountain Golf Course. The site forms part of a portfolio of three zoned multi-family development sites, which collectively allow for over 400 multi-family units. Opportunity to purchase the three sites together, but individual site sales units. Opportunity to purchase the three sites together, but individual site sales will be considered. All three lots have recently been reduced in price, presenting a strong opportunity to develop within this sought-after golf resort community. Bring your offers!

property details

type: Land, Vacant Land
lot: 1.41 acres
parking: 0
property tax: $855 / yr
days on market: 164
MLS®: 10388019

features

Irregular lot size
See remarks

the market here

listed now: 130 days; median for 51 homes for sale; this one 164 days

Homes in Cranbrook. Sale prices register 1 to 3 months after a sale closes.

monthly cost

$863/mo

Mortgage $792 · Tax $71

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$792/ monthly

loan $144,000

25-year amortization

down payment20% · $36,00020%+ down: no mortgage insuranceinterest rate4.44%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 31, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $93,661
property transfer tax: $1,800; BC general rate
cash to close: $37,800; down + PTT
total paid: $237,661

first-time buyernewly built

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

location

CRANL Cranbrook Periphery, CranbrookGoogle Maps ↗

good to know

Agricultural Land Reserve
This address is inside the Agricultural Land Reserve. ALR land is set aside for farming; building, subdividing and non-farm uses follow Agricultural Land Commission rules.
Source: Agricultural Land Commission, ALR boundary
Wildfire
The BC Wildfire Service rates Kimberley's wildland urban interface as risk class 1 of 5 (the highest class). One wildfire of 10 hectares or more burned within 5 km since 2006: 2009 (19 ha). Some insurers price for wildfire, and FireSmart BC has a free home assessment guide.
Source: BC Wildfire Service, WUI risk class and fire perimeters

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

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