Property Type: TownhouseOwnership: Strata

51 Rivermount Place Unit# 103

Fernie, BC V0B1M7

$949,900

3 bed2 bath2 parking1,556 sqftBuilt 2008
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Amenities

Also listed: Cable TV

Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$615/mo
Annual property tax
$4,802.96

Maintenance Fee Includes

Management

Also included: Cable TV, Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions

Interior

Heating
Baseboard heaters, Electric
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Laminate, Slate, Carpeted

Exterior & Lot

Exterior features
Stone, Cedar Siding
View
Mountain view, Valley view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Heated Garage, Additional Parking

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
Primary BedroomSecond level13'3'' x 17'8''
3pc BathroomSecond level5'11'' x 8'9''
KitchenSecond level13'3'' x 9'2''
Living roomSecond level11'6'' x 20'11''
Dining roomSecond level9'3'' x 11'10''
BedroomMain level10'11'' x 16'11''
BedroomMain level8'11'' x 14'0''
4pc BathroomMain level5'11'' x 8'3''
FoyerMain level8'8'' x 26'0''

Listing Information

MLS®
10393375
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

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

Description

Pinnacle Ridge Elk Chalet – Discover mountain living in this beautifully appointed chalet, where quality craftsmanship meets breathtaking alpine scenery. The gourmet kitchen is designed to impress, featuring granite countertops, rich cherry wood cabinetry, stainless steel appliances, and radiant in-floor heating. The spectacular great room boasts a soaring vaulted ceiling, a grand ledge stone fireplace, and large windows that frame spectacular mountain views, creating an inviting space for entertaining or relaxing after a day of skiing, golfing, hiking, or biking. Perfectly positioned between Fernie's world-class ski resort and historic downtown, Pinnacle Ridge is one of the area's most desirable mountain communities, offering stunning panoramic views of the Rocky Mountains and the Elk Valley. Surrounded by endless four-season recreation, you'll enjoy skiing, golfing, hiking, biking, fishing, and more just minutes from your doorstep. The only Pinnacle Ridge chalet currently available, this fully turnkey property offers a rare opportunity to own a premium mountain retreat. Built by an award-winning builder renowned for exceptional quality and craftsmanship, the home showcases enduring finishes, thoughtful design, and outstanding attention to detail. Offered fully turnkey with quality furnishings and household essentials included, this exceptional chalet is ready to enjoy from day one. Simply arrive with your belongings and start living the Fernie mountain lifestyle! (id:63159)

Values & Trends

This listing

$610/sqft

Building average

No other active listings in this building

Fernie average

$609/sqft

12 active listing(s)

Parking: 2 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

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.

Nearby Schools

SchoolTypeDistance
Sophie-MorigeauElementary835 m
The Fernie Academy(Independent)K-122.3 km
Isabella Dicken ElementaryElementary3.3 km
Fernie SecondaryK-123.7 km
Jaffray Elem-Jr SecondaryElementary/Middle20.6 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: 7.4% ($69,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,920.00
Periodic payment — Principal & Interest (monthly)$4,902.75
Additional monthly expenses (strata, tax, utilities, etc.)$1,093.25
Total monthly cost$5,995.99
Interest paid over 5-yr term$217,795.26
Balance at end of term$683,550.50

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,990
Stress test qualifying rate8.09%
Payment you must qualify for$6,766.20

Cash Needed at Closing

Minimum down payment$69,990
Estimated BC PTT$16,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,488

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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