1600 Wycliffe Park Lot# 7

CRANL Cranbrook Periphery, Cranbrook · MLS® 10387823

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

listed by Mark Lester, Colliers

realtor's description

277 Shadow Mountain is a 5.2 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 159 multi-family units and 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 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: 5.2 acres
parking: 0
property tax: $3,266 / yr
days on market: 164
MLS®: 10387823

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

$3,573/mo

Mortgage $3,301 · Tax $272

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

estimated payment

$3,301/ monthly

loan $600,000

25-year amortization

down payment20% · $150,00020%+ 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: $390,256
property transfer tax: $13,000; BC general rate
cash to close: $163,000; down + PTT
total paid: $990,256

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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