Property Type: Detached HouseOwnership: Freehold

2131 Highway 3 Highway

Fernie, BC V0B1M5

$1,149,999

1 bed1 bath1,098 sqftBuilt 1999
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Lot size
4.7 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,879.24

Interior

Basement
Crawl space
Heating
Baseboard heaters, Stove, Electric, Wood
Fireplace
Yes (1)
Fireplace type
Wood, Conventional
Flooring
Laminate, Vinyl, Mixed Flooring

Exterior & Lot

View
Mountain view, River view, Valley view, View (panoramic)

Building

Roof
Metal, Unknown

Parking

Features
RV, Oversize, Additional Parking

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level22'11'' x 15'
Full bathroomMain level
Living roomMain level23'6'' x 14'9''
KitchenMain level14'7'' x 13'6''

Listing Information

MLS®
10372475
Listed
January 23, 2026
Time on market
On the market for 220 days
Data last synced
August 28, 2026

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

Description

A rare opportunity to own a 1,098 sq ft log cabin set on 4.7 acres with convenient highway access and close proximity to the Elk River, where nature truly is right outside your doorstep. This charming property boasts stunning mountain and valley views, a cozy wood-burning stove, and a welcoming front porch—perfect for soaking in the peaceful surroundings. Inside, a custom-designed iron spiral staircase adds unique character and rustic charm. Ideally located just minutes from Historic Downtown Fernie and Fernie Alpine Resort, this exceptional parcel also offers the perfect setting to build your dream home while enjoying the comfort and character of the existing cabin. Call a Realtor to schedule your showing today! (id:63159)

Values & Trends

This listing

$1,047/sqft

Building average

No other active listings in this building

Elk Valley Rural average

$424/sqft

3 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

8°C

Mainly Sunny

Humidity 86%

Wind NNE 5 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

7

1/9 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
Sophie-MorigeauElementary809 m
The Fernie Academy(Independent)K-121.9 km
Isabella Dicken ElementaryElementary2.8 km
Fernie SecondaryK-123.2 km
Jaffray Elem-Jr SecondaryElementary/Middle20.8 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.

Nearby Places

Parks (2)

  • James White Park411 m
  • James White Park447 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($90,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$919,999.00
Periodic payment — Principal & Interest (monthly)$5,935.52
Additional monthly expenses (strata, tax, utilities, etc.)$378.27
Total monthly cost$6,313.79
Interest paid over 5-yr term$263,674.36
Balance at end of term$827,542.08

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$90,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,151.02

Cash Needed at Closing

Minimum down payment$90,000
Estimated BC PTT$21,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$112,500

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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