For Sale: LOT-5 Parnaby Road, Cranbrook, BC - REW
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$5,000,000
0 bd 0 ba sf Land/Lot

Lot 5 Parnaby RoadCranbrook, BC, V1C 0C2

  • 0 Bed
  • 0 Bath
  • Sqft
  • Land/Lot

About this home

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:63626)
Listed by: Steven Throndson, Real Broker

Home facts and features

Price details
List Price
Gross Taxes for 2026
$4,654
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Land/Lot
Lot Size
9.9 acres
Depth
Title
Freehold
Agent details
Primary Agent
Primary Broker
Real Broker
Listing details
Days on REW
5 Days
MLS® Number
10393475
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Banded Peak School
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Ron Southern School
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Glenmore Christian Academy Junior High
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Bridlewood School
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Holy Child School
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Glenmore Christian Academy
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All Saints School
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Monsignor J. J. O'Brien
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Our Lady Of The Evergreens Catholic School
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Marshall Springs School
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  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-11.