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$5,000,000
British Columbia,Cranbrook
For Sale Active
PARNABY Road Lot# Lot 5, Cranbrook, British Columbia V1C0C2
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Basic Details
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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10393475
  • Price: $5,000,000
  • View: Mountain view
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 293926
Features & Appliances
Features
  • Sewer: Municipal sewage system
  • Utilities: Water
Address Map
  • Location: CA, British Columbia, Cranbrook, V1C0C2
  • Street: PARNABY
  • Street Number: LOT 5
  • Street Suffix: Road
  • Longitude: W116° 13' 14.5''
  • Latitude: N49° 34' 17.9''
Additional Information
  • Water Source:
  • Current Use:
  • Lot Size Dimensions: 9.9
Financial
  • Tax Annual Amount: 4654.43
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Listing updated: 2026-08-01 12:01:13
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Listing Information
  • List Agent Key: 2105362
  • List Office Key: 293926
  • Modification Timestamp: 2026-07-16T22:10:03Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-07-16T22:02:58Z
Powered by REALTOR.ca
Listing updated: 2026-08-01 12:01:13
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