Property Type: Detached HouseOwnership: Freehold

197 Ridgemont Lane

Fernie, BC V0B1M2

$989,000

3 bed2 bath2,080 sqftBuilt 1970
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.16 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,191.96

Interior

Heating
Stove, Forced air, See remarks, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Concrete, Tile, Hardwood

Exterior & Lot

Exterior features
Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Carport

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Utility roomBasement13'2'' x 10'10''
OfficeBasement10'10'' x 9'6''
Full bathroomBasement8'10'' x 6'7''
GymBasement10'10'' x 16'6''
Family roomBasement24'6'' x 13'8''
BedroomMain level9'11'' x 9'
BedroomMain level9'11'' x 10'7''
Primary BedroomMain level11'6'' x 11'
Full bathroomMain level11'6'' x 4'11''
FoyerMain level10'5'' x 3'7''
Living roomMain level13'6'' x 15'3''
Dining roomMain level12' x 9'
KitchenMain level11'6'' x 12'

Listing Information

MLS®
10397269
Listed
August 12, 2026
Time on market
On the market for 19 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Mountain Lifestyles Inc. · Data source: CREA DDF.

Description

Fully updated, move-in ready, and offering incredible views in every direction! This well-maintained home offers approximately 2,000 sq. ft. of comfortable living space with 3 bedrooms, an office, and 2 full bathrooms. The main level features a bright, open-concept layout with a spacious living room, dining area, and updated kitchen, creating an inviting space for everyday living and entertaining. A cozy wood-burning fireplace adds warmth and character to the living room, while refinished hardwood flooring, updated light fixtures, blinds, updated electrical, and newer appliances add to the home's modern feel. Upstairs you'll find 3 bedrooms and a full bathroom, while the lower level offers plenty of additional living space with a large rec room, office, second full bathroom, and generous utility/storage room. There is plenty of flexibility for a home office, guest space, hobbies, or a comfortable family room. The updates continue outside, including newer siding, windows, roof, and a brand-new carport. The fully landscaped yard is a standout feature, with established garden beds, fruit trees, a storage shed, and multiple seating areas thoughtfully positioned to take advantage of the amazing surrounding views. Whether you're enjoying your morning coffee, tending the garden, or entertaining friends and family, there are plenty of places to take it all in. A fantastic opportunity to own a beautifully updated home in Fernie that is truly move-in ready! (id:63159)

Values & Trends

This listing

$475/sqft

Building average

No other active listings in this building

Fernie average

$699/sqft

36 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Sparwood

Mainly Sunny

12°C

Mainly Sunny

Humidity 72%

Wind SE 4 km/h

Tonight

Tuesday

26°

Tuesday night

Wednesday

21°

Wednesday night

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

5/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Isabella Dicken ElementaryElementary562 m
The Fernie Academy(Independent)K-12866 m
Fernie SecondaryK-12942 m
Sophie-MorigeauElementary2.2 km
Jaffray Elem-Jr SecondaryElementary/Middle23.5 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.

Nearby Places

Restaurants (3)

  • The Fernie Taphouse · 691 1st Avenue641 m
  • The Loaf · 641 2nd Avenue715 m
  • Lunchbox · 561A 2nd Avenue796 m

Cafes (1)

  • Freshies Cafe · 601A 2nd avenue740 m

Grocery (1)

  • Save-On-Foods · 792 2nd Avenue569 m

Parks (1)

  • Unnamed195 m

Pharmacies (1)

  • Save-On-Foods · 792 2nd Avenue575 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($73,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$791,200.00
Periodic payment — Principal & Interest (monthly)$5,104.55
Additional monthly expenses (strata, tax, utilities, etc.)$536.66
Total monthly cost$5,641.22
Interest paid over 5-yr term$226,760.19
Balance at end of term$711,686.96

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$73,900
Stress test qualifying rate8.09%
Payment you must qualify for$7,036.80

Cash Needed at Closing

Minimum down payment$73,900
Estimated BC PTT$17,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$93,180

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.

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