Property Type: Detached HouseOwnership: Freehold

470 Canyon Trail

Fernie, BC V0B1M5

$2,595,000

5 bed5.5 bath6 parking3,615 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.4 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$10,458.44

Interior

Heating
Stove, Forced air, See remarks, Wood, Other
Fireplace
Yes (2)
Fireplace type
Free Standing Metal

Exterior & Lot

Exterior features
Wood, Wood siding

Building

Roof
Metal, Unknown

Parking

Total spaces
6 — covered indicated
Features
Detached Garage, Heated Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
MediaBasement15'3'' x 16'10''
KitchenBasement10'10'' x 12'10''
Living roomBasement12'11'' x 13'0''
FoyerBasement9'5'' x 6'0''
4pc BathroomBasement5'7'' x 7'5''
3pc Ensuite bathBasement10'4'' x 5'7''
BedroomBasement11'4'' x 11'4''
BedroomBasement10'5'' x 14'11''
5pc Ensuite bathSecond level8'7'' x 15'1''
4pc BathroomSecond level11'2'' x 6'10''
BedroomSecond level13'4'' x 12'4''
BedroomSecond level12'4'' x 13'5''
Primary BedroomSecond level15'5'' x 12'11''
FoyerMain level8'11'' x 8'5''
OfficeMain level12'9'' x 13'5''
2pc BathroomMain level5'3'' x 4'11''
Laundry roomMain level11'8'' x 13'5''
Living roomMain level15'5'' x 14'11''
Dining roomMain level12'11'' x 17'6''
KitchenMain level15'0'' x 17'7''

Listing Information

MLS®
10394373
Listed
July 11, 2026
Time on market
On the market for 51 days
Data last synced
August 28, 2026

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

Description

Comfortable, thoughtfully designed, and impeccably finished, this custom home in Fernie showcases exceptional craftsmanship throughout. Handcrafted woodwork, genuine hardwood flooring, and an architecturally designed layout create a spacious yet warm and inviting living environment, while large windows provide abundant natural light and beautiful views of the surrounding mountains and wilderness. The main floor features an expansive living room with fireplace, a dedicated office area, and a functional laundry and mudroom with direct exterior access. The well-appointed kitchen includes a high-end gas range, custom wood cabinetry, butcher-block countertops, and a wood-burning stove that adds warmth and ambiance throughout the winter months. Upstairs, you will find two comfortable guest bedrooms, a four-piece bathroom, and a spacious primary suite. Large windows frame impressive mountain and wilderness views, while the luxurious ensuite features a soaker tub, separate shower, and walk-in closet. The walkout lower level offers additional flexible living space, including a guest bedroom with access to a Jack-and-Jill bathroom, a cold cellar, and a large media room. This level also includes a bright, fully self-contained one-bedroom suite with a full kitchen and separate walkout entrance to the rear yard, providing excellent space for guests, extended family, or rental income. The extensively landscaped property has been carefully designed to complement the unique lot and offers several outdoor entertaining and relaxation areas. Additional exterior features include a hot tub and a covered walkway connecting the home to the garage. The fully heated and insulated garage provides ample space for vehicles, outdoor equipment, and recreational gear. This remarkable property combines quality craftsmanship, comfortable living spaces, income potential, and exceptional indoor and outdoor amenities in a truly distinctive Fernie home. (id:63159)

Values & Trends

This listing

$718/sqft

Building average

No other active listings in this building

Fernie average

$692/sqft

36 active listing(s)

Parking: 6 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
Fernie SecondaryK-121.8 km
Isabella Dicken ElementaryElementary2.1 km
The Fernie Academy(Independent)K-122.7 km
Sophie-MorigeauElementary4.1 km
Jaffray Elem-Jr SecondaryElementary/Middle24.3 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.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($519,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,076,000.00
Periodic payment — Principal & Interest (monthly)$13,393.65
Additional monthly expenses (strata, tax, utilities, etc.)$1,052.54
Total monthly cost$14,446.18
Interest paid over 5-yr term$594,987.57
Balance at end of term$1,867,368.71

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$519,000
Stress test qualifying rate8.09%
Payment you must qualify for$15,963.71

Cash Needed at Closing

Minimum down payment$519,000
Estimated BC PTT$55,850
Legal / closing costs (typical estimate)$1,500
Total cash needed$576,350

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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