3 days on Market

1009 - 2501 12TH STREET NORTH, Cranbrook, British Columbia V1C5X3

Detached
2
1
~866 sqft
$244,900
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Detached
2
1
~866 sqft

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Highlights

Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$282/sqft

Monthly cost

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Description

ATTENTION INVESTORS AND FIRST-TIME HOME BUYERS! Forest Park Estates offers a simple, proven entry point for investors seeking stable cash flow and an estimated 10% return on equity, without the headaches that often come with rentals. It also presents first-time buyers with an affordable, low-maintenance way to enter the market. This ground-floor, corner 2-bedroom condo is easy to rent and easy to manage. No stairs, in-suite laundry, and a functional layout check the boxes tenants consistently look for, helping reduce vacancy and turnover, while also making everyday living simple and accessible. The covered patio adds usable outdoor space, and the pet-friendly policy (with restrictions) broadens appeal without sacrificing building quality. What makes this a strong investment is the operational efficiency. Forest Park Estates is known for strong management, well-maintained common areas, and among the lowest strata fees in Cranbrook. Location further de-risks the purchase. The property sits within walking distance to Tamarack Centre, College of the Rockies, restaurants, and public transit, supporting consistent rental demand and convenient daily living. Whether you’re adding to a portfolio, purchasing your first rental, or buying your first home, this unit offers a straightforward, low-maintenance opportunity in a consistently popular complex. Quick possession is available, allowing you to move in or start generating income without delay. (id:39198)


Property Details

StyleApartment
ViewMountain view
Age of property1983
SqFt~866 SqFt
Lot Size-
Parking Spaces1
MLS ®Number10374578
Community NameCranbrook
Data SourceCREA
Listing byThe Fogel Agency

Features

Heating: Baseboard heaters, Electric

Main level Floor

4pc Bathroom

4'11'' x 8'

Laundry room

7'8'' x 9'4''

Bedroom

9'2'' x 13'

Primary Bedroom

11'3'' x 13'


Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

Feb 3, 2026
ListedActive
$244,900
3 days on market
history photo preview42
Listing by crea®
Property listed by The Fogel Agency, Brokerage
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Population and Demographics

Overview

Total population 18250
Average household income $107,210

Age (%)

0 to 19
20%
20 to 34
19%
35 to 49
17%
50 to 64
21%
65 and plus
24%

Household composition (%)

Single family
62%
Single person
32%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
94%
Others
5%

House tenancy (%)

Owners
72%
Renters
28%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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