Property Type: Detached HouseOwnership: Freehold

2370 Highway 3 Highway

Fernie, BC V0B1M0

$1,475,995

3 bed1 bath10 parking1,296 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
5.34 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$856.7

Interior

Heating
Electric, See remarks
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

View
Mountain view, River view, Valley view
Waterfront
Waterfront on river

Building

Foundation
Preserved Wood
Roof
Metal, Unknown

Parking

Total spaces
10 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
FoyerMain level5'8'' x 8'6''
BedroomMain level12'0'' x 10'5''
BedroomMain level12'0'' x 10'5''
Primary BedroomMain level12'0'' x 10'5''
Dining roomMain level12'6'' x 12'9''
Living roomMain level12'6'' x 20'2''
4pc BathroomMain level6'9'' x 8'6''
KitchenMain level14'6'' x 10'6''

Listing Information

MLS®
10367077
Listed
October 29, 2025
Time on market
On the market for 306 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX Elk Valley Realty · Data source: CREA DDF.

Description

5.34 Acre Riverfront property located two minutes from Fernie Alpine Resort, and five minutes from Downtown Fernie. This large parcel is flat, level and offers some of the best views anywhere in the valley. This property also features a cozy 1300 sq ft 3 bedroom, 1 bathroom home, with 2 detached garages and numerous outbuildings throughout. A rare opportunity to own an acreage near Fernie. (id:63159)

Values & Trends

This listing

$1,139/sqft

Building average

No other active listings in this building

Fernie average

$681/sqft

36 active listing(s)

Parking: 10 stall(s) includedStorage 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.

Nearby Schools

SchoolTypeDistance
Sophie-MorigeauElementary1.2 km
The Fernie Academy(Independent)K-122.7 km
Isabella Dicken ElementaryElementary3.6 km
Fernie SecondaryK-124.1 km
Jaffray Elem-Jr SecondaryElementary/Middle20.4 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

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

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($122,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,180,796.00
Periodic payment — Principal & Interest (monthly)$7,618.10
Additional monthly expenses (strata, tax, utilities, etc.)$136.39
Total monthly cost$7,754.49
Interest paid over 5-yr term$338,419.53
Balance at end of term$1,062,129.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$122,600
Stress test qualifying rate8.09%
Payment you must qualify for$10,407.14

Cash Needed at Closing

Minimum down payment$122,600
Estimated BC PTT$27,520
Legal / closing costs (typical estimate)$1,500
Total cash needed$151,619

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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