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A picture of the City of Kimberley.

Kimberley

Lending guidelines for Kimberley, British Columbia

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Max Loan To Value:
65%
Details
2021 Population
8,115
9.3% growth
Nearest Tim Hortons
27 km away
Nearest Costco
552 km away
Nearest Hospital
25.5 km away
Stop Lights?
1 intersection (Show on Map)
Median Household Income
$81,000
Land Area
60.51 Km²
134.1 people/km²
Employment Rate
56.2%
Avg Commute
24 min

Kimberley reinvented itself after the Sullivan Mine closed in 2001, and the transformation tells you everything about this community’s resilience. What was once a mining town has become the self-proclaimed “Bavarian City of the Rockies,” complete with the world’s largest cuckoo clock and enough alpine charm to make tourists forget they’re still in BC.

The numbers reveal a town that’s found its footing. With 9.3% population growth since 2016 and a median household income of $81,000, Kimberley attracts people who want mountain living without complete isolation. The Kimberley Alpine Resort draws skiers in winter, while summer brings golfers to courses that overlook the Purcell Mountains. Nearly a quarter of residents are seniors, making this a retirement destination where people actually stay.

Here’s what makes Kimberley different: it’s warming up faster than most places. The climate has improved by a full hardiness zone since the 1960s, extending growing seasons and making outdoor activities more appealing year-round. That climate shift, combined with affordable housing compared to bigger mountain towns, creates lasting appeal for both full-time residents and vacation property owners.

The economy runs on healthcare, retail, and tourism now, with government jobs providing stability. Sure, unemployment sits at 7.7%, but that reflects the seasonal nature of resort work rather than economic distress. Single-detached homes make up 76.6% of housing stock, and properties here tend to hold value because people genuinely want to live in a place where you can ski in the morning and golf in the afternoon.

Tekamar lends in Kimberley with a maximum LTV of 65%, recognizing that mountain towns with diversified economies and growing populations offer solid security for mortgage investments.

2021 Population
8,115
9.3% growth
Median Age
45
Driving Distance to
the Nearest Tim Hortons
21 minutes
Driving Distance to
the Nearest Costco
6 hours 21 minutes
Driving Time to
Nearest Hospital
25 minutes
Traffic Lights Per 1000 People
0.12 (1 intersection)
Median Household Income
$81,000
Land Area
60.51 Km²
134.1 people/km²
Employment Rate
56.2%
Avg Commute
24 min
Restaurants
21 restaurants 2.59 per 1000 people

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