$5,000,000
 $26,841 est/mo Sourced by Back At You

Lot 5 Parnaby Road,Cranbrook, BC V1C0C2

Cranbrook, BC V1C0C2

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Description

Exceptional multifamily development opportunity in Cranbrook BC. Elk Crossing is a 9.9-acre development parcel forming part of the St. Mary's Neighbourhood Structure Plan and is currently zoned for multifamily use with density of up to 100 units, along with current Development Permit approval. Potential may exist to increase density up to approximately 250 units through a future application to the City of Cranbrook and approval process (city approval would be required). Located beside the renowned Shadow Mountain Golf Course, this property offers a rare chance to develop in a highly desirable lifestyle destination surrounded by mountain views, natural beauty, the St. Mary River, Rails to Trails, and four-season recreation. Cranbrook continues to serve as the East Kootenay's key regional hub, offering strong long-term appeal with schools, shopping, health services, the Canadian Rockies International Airport, and quick access to Kimberley all nearby. Servicing is available to the lot line for City water and sewer through adjacent strata EPS 153. Power poles are in place, with additional electrical service required; previous design work had been completed and submitted to BC Hydro. A single gas line also services the property, with sizing to be verified. The land has been scraped and graded according to the existing plan, with geotechnical and preliminary engineering reports available. (id:13843)

Details

MLS #10393475
Listing TypeFor Sale
StatusActive
Days On Site114
Listing Provided ByReal Broker B.C. Ltd | Steven Throndson

Features

Acreage9.90
Property ViewMountain view

Interior

Fireplace Yes / NoNo

Utilities

UtilitiesWater
SewerMunicipal sewage system
Water SourceMunicipal water

Taxes

Tax Annual Amount4654.43

Area Information

ProvinceBC
CityCranbrook
Postal CodeV1C0C2
Listing VS Median (in V1C0C2)
Price:
$5,000,000
low | high
Med:
$999,900
100% of Average
On site:
114
low | high
Med:
82
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityCranbrook
Postal CodeV1C0C2
Listing VS Median (in V1C0C2)
Price:
$5,000,000
low | high
Med:
$999,900
100% of Average
On site:
114
low | high
Med:
82
100% of Average
Sourced by Back At You
Listing Updated: October 26, 2026 at 10:53:31 AM PDT