126 Burma Road
Fernie, BC V0B1M0
$3,800,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 48.93 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $9,655.64
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view, River view, Valley view
Listing Information
- MLS®
- 10355186
- Listed
- July 29, 2025
- Time on market
- On the market for 398 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Elk Valley Realty · Data source: CREA DDF.
Description
Unlock a rare opportunity to develop one of Fernie’s last large, fully serviced parcels—49 acres of gently sloping land with sweeping southeast views of the Lizard Range, Fernie Alpine Resort, and the Elk River. Located within the City of Fernie, a renowned four-season resort town in the Canadian Rockies, this development property is fully connected to municipal water, sewer, underground 3-phase power, cable, and telecom—stubbed to the parcel property line on Burma Road. Zoned RR (Rural Residential), with potential for multi-family or small-lot residential (RSS) zoning, the property offers exceptional flexibility for a boutique subdivision, a master-planned community, or an estate property, all within minutes of downtown Fernie. Adjacent to the established communities of Alpine Trails and Burma Road Estates, and just minutes from Fernie Alpine Resort and multiple outdoor recreation opportunities, the site is ideally positioned for both primary residences and vacation homes. With Koocanusa Lake 30 minutes away, Cranbrook Airport within an hour, and Calgary International Airport just three hours away, accessibility complements this site's natural beauty and investment appeal. As one of the last remaining large-scale, in-town parcels, this is a rare chance to shape the future of Fernie’s residential landscape in a high-demand market. (id:63159)
Location Insights
Weather
Nearest station: Sparwood
12°C
Mainly Sunny
Humidity 72%
Wind SE 4 km/h
Tonight
4°
Tuesday
26°
Tuesday night
8°
Wednesday
21°
Wednesday night
8°
Thursday
18°
Source: Environment and Climate Change Canada.
Population
6,320
(2021 Census)
+17.1% since 2016
Density: 418.3/km²
Dwellings: 3,256
Median household income: $107,000
After-tax: $92,000
Immigrant population: 13.8%
Top countries of origin (% of total population)
- United Kingdom4.4% · 275
- United States of America1.3% · 80
- Germany0.8% · 50
- Italy0.6% · 40
- France0.6% · 35
- Philippines0.5% · 30
- Russian Federation0.2% · 15
- Hong Kong0.2% · 15
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Isabella Dicken Elementary | Elementary | 1.5 km |
| Fernie Secondary | K-12 | 1.5 km |
| The Fernie Academy(Independent) | K-12 | 1.5 km |
| Sophie-Morigeau | Elementary | 2.6 km |
| Jaffray Elem-Jr Secondary | Elementary/Middle | 22.8 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
School district: South East Kootenay (SD5)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($760,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.