LOT 1 6145 PARNABY Road

Description

Rare 18.75-acre development parcel inside Shadow Mountain, Cranbrook's premier master-planned mountain community. Held under CD-3 Comprehensive Development zoning, Lot 1 delivers three distinct, ready-to-build components on a single title: a townhouse/duplex parcel, a multi-family parcel positioned for a 60-unit residential building, and a fully serviced single-family parcel. Municipal water and sewer at the lot line, gas to the site, and power across the street. The City has signalled openness to increasing density on this parcel — given its scale, an exceptional ground-up opportunity. Concept plans, a recent appraisal, and an advanced zoning/OCP amendment package convey to a qualified buyer, removing years of entitlement risk. Roads into the community are being paved now. Minutes to downtown Cranbrook, the Canadian Rockies International Airport, golf, ski hills, and the St. Mary River. With Cranbrook's population climbing and a documented regional housing shortage, this is a turnkey entry into one of the East Kootenay's strongest growth stories. Developers and land investors: the work is done — the upside is yours. (id:63159)

Property Details

Annual property tax

$6,489

Brokerage

Real Broker B.C. Ltd

Location Insights

Population

20,499

(2021 Census)

+2.3% since 2016

Density

641.2/km²

Dwellings

9,058

Median household income

$80,000

After-tax

$72,500

Immigrant population

8.7%

Top countries of origin

• United Kingdom1.4% · 290
• United States of America1% · 205
• Philippines0.9% · 175
• Germany0.6% · 115
• Jamaica0.5% · 105
• South Africa, Republic of0.4% · 90
• Italy0.4% · 75
• Ukraine0.3% · 55

Source: Statistics Canada, 2021 Census of Population.

Weather

20°C

Partly Cloudy

Humidity 53%

Wind E 12 km/h

Today

23°

Tonight

12°

Thursday

22°

Thursday night

7°

Friday

20°

Friday night

8°

Source: Environment and Climate Change Canada.