Brookfield Apartments

Cranbrook is the largest urban centre and primary commercial hub of the East Kootenay region, serving as the area’s centre for healthcare, retail, transportation, education, and government services. With a population of approximately 22,000, the city supports a diversified economy driven by mining, healthcare, transportation, forestry, tourism, and commercial services. As the regional service centre for southeastern British Columbia, Cranbrook benefits from key infrastructure including the Canadian Rockies International Airport, East Kootenay Regional Hospital, and major transportation corridors. The city provides a stable employment base that supports long-term housing demand and economic resilience. Surrounded by the Canadian Rockies, Cranbrook offers year-round recreation, including skiing, golfing, hiking, fishing, and mountain biking. Combined with one of the sunniest climates in British Columbia, the city continues to attract residents, businesses, and investment to the region.Brookfield Apartments is a 15-unit, three-and-a-half-storey wood-frame apartment building located in Cranbrook, British Columbia. Situated on a 0.54-acre site, the property comprises a well-balanced suite mix of one one-bedroom unit and fourteen two-bedroom units, supported by ample on-site parking, including designated visitor stalls. Originally constructed in 1975, the asset has benefitted from a consistent and targeted capital improvement program aimed at maintaining building quality and extending asset life. Key exterior upgrades include deck repairs and new handrails across all balconies, exterior stair repairs, front and rear pathway paving, and parking lot line painting. In 2025, a new roof was installed, further strengthening the property’s long-term structural integrity. On the mechanical side, the hot water tank was replaced in 2017. The building is serviced by electric baseboard heating, with tenants responsible for hydro costs while hot water is included in rent. Interior improvements have been selectively undertaken across the suite mix, with three units substantially upgraded to date, including two full renovations and one additional refreshed and repainted suite. Across the broader inventory, many suites feature updated flooring and countertops, reflecting ongoing reinvestment into unit quality and overall well-maintained condition.