40 RIDGEMONT Avenue Unit# 101
Fernie, BC V0B1M2
$475,500
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $403/mo
- Annual property tax
- $3,606
Interior
- Heating
- Hot Water
- Fireplace
- None
Exterior & Lot
- Exterior features
- Wood, Stucco
- View
- Mountain view
Building
- Roof
- Tar & gravel, Unknown
Parking
- Total spaces
- 1
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
| Room | Level | Dimensions |
|---|---|---|
| Storage | Main level | 6'4'' x 5'0'' |
| 4pc Bathroom | Main level | — |
| Bedroom | Main level | 9'9'' x 10'9'' |
| Bedroom | Main level | 10'6'' x 14'3'' |
| Primary Bedroom | Main level | 12'2'' x 14'7'' |
| Dining room | Main level | 7'10'' x 10'2'' |
| Kitchen | Main level | 7'7'' x 8'5'' |
| Living room | Main level | 12'0'' x 18'8'' |
| Foyer | Main level | 7'10'' x 4'0'' |
Listing Information
- MLS®
- 10396577
- Listed
- July 31, 2026
- Time on market
- On the market for 31 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Elk Valley Realty · Data source: CREA DDF.
Description
This bright 3-bedroom, 1-bathroom, corner apartment is move in ready. Conveniently located super close to Fernie's historic downtown core, local schools, trail network, dog park and more. Low strata fees include heat and hot water making monthly budgeting a breeze. Located on the lower level, this unit remains cool in the summers and the large windows throughout the unit offer loads of light and mountain views both west and north about the valley. The layout of these large corner units is well designed: a functional galley kitchen which flows into a generous dining space and adjoining, sizeabe living room. Down the hallway you'll find huge, main bedroom, + additional 2 good-sized bedrooms, a four-piece bathroom and a large storage room. Shared laundry is conveniently located a few steps down the hall. This complex is well known for being a great place to call home - this unit is perfect for many types of buyers including vacation owners, first time buyers and those seeking a simpler space/life. On and off-street parking, secure entry and landscaped grounds are just some of the bonuses of living here. Book a showing today! (id:63159)
Values & Trends
This listing
$401/sqft
Building average
—
No other active listings in this building
Fernie average
$393/sqft
16 active listing(s)
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
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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
41
6/9 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
| School | Type | Distance |
|---|---|---|
| Isabella Dicken Elementary | Elementary | 486 m |
| The Fernie Academy(Independent) | K-12 | 706 m |
| Fernie Secondary | K-12 | 912 m |
| Sophie-Morigeau | Elementary | 2.1 km |
| Jaffray Elem-Jr Secondary | Elementary/Middle | 23.3 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 (4)
- The Fernie Taphouse · 691 1st Avenue468 m
- The Loaf · 641 2nd Avenue541 m
- Lunchbox · 561A 2nd Avenue628 m
- Nevados · 531 2nd Avenue648 m
Cafes (3)
- Freshies Cafe · 601A 2nd avenue567 m
- Mug Shots632 m
- Big Bang bagels · 502 2nd Avenue640 m
Grocery (1)
- Save-On-Foods · 792 2nd Avenue392 m
Parks (2)
- Unnamed165 m
- Unnamed750 m
Pharmacies (1)
- Save-On-Foods · 792 2nd Avenue399 m
Banks & ATMs (2)
- CIBC · 501 2nd Avenue656 m
- Scotiabank · 502 3rd Avenue697 m
Nearby places data: © OpenStreetMap contributors.
School district: South East Kootenay (SD5)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($23,775) — 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.





