Property Type: TownhouseOwnership: Strata

5388 Highline Drive Unit# 5

Fernie, BC V0B1M6

$1,499,000

3 bed3 bath1 parking2,241 sqftBuilt 2000
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
4

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$713/mo
Annual property tax
$5,014

Interior

Heating
Forced air, In Floor Heating
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
5pc BathroomSecond level
BedroomSecond level16'9'' x 11'9''
BedroomSecond level14'2'' x 11'11''
5pc Ensuite bathThird level
Primary BedroomThird level15'7'' x 18'2''
Utility roomLower level6'6'' x 15'8''
4pc BathroomLower level
Family roomLower level16'6'' x 18'8''
Dining roomMain level8' x 16'2''
Living roomMain level9'10'' x 11'2''
KitchenMain level10'6'' x 12'10''

Listing Information

MLS®
10387117
Listed
May 14, 2026
Time on market
On the market for 109 days
Data last synced
August 28, 2026

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

Description

Discover a rare opportunity at Cedar Ridge Estates. A generous four-level corner townhouse just steps from the Elk Chair at Fernie Alpine Resort. These well sought after properties offer plenty of space for the whole family and guests. Thoughtfully laid out and finished for comfort, this home is ideal for families, groups or investors seekig a high-appeal mountain property. 3 bedrooms 3 full baths, sleeps up to 14 with flexible sleeping arrangements. Top floor features Primary spa-like ensuite with jacuzzi tub and private deck. Second floor with two large bedrooms with abundant sleeping configurations. Main floor open concept kitchen, dining and living areas open to a deck with mountain views plus direct access to the attached single car garage. The ground floor offers a cozy family room with in floor heat, gas fireplace, Murphy Bed, and walk to your private hot tub. Proximity to the Elk Chair maximizes both lifestyle enjoyment and rental demand. Call today to view (id:63159)

Values & Trends

This listing

$669/sqft

Building average

No other active listings in this building

Ski Hill Area average

$935/sqft

4 active listing(s)

Parking: 1 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.

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-MorigeauElementary3.0 km
The Fernie Academy(Independent)K-124.5 km
Isabella Dicken ElementaryElementary5.4 km
Fernie SecondaryK-125.8 km
Jaffray Elem-Jr SecondaryElementary/Middle18.9 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 (1)

  • Kelsey's275 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 8.3% ($124,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,200.00
Periodic payment — Principal & Interest (monthly)$7,736.83
Additional monthly expenses (strata, tax, utilities, etc.)$1,242.83
Total monthly cost$8,979.66
Interest paid over 5-yr term$343,694.17
Balance at end of term$1,078,684.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$124,900
Stress test qualifying rate8.09%
Payment you must qualify for$10,566.35

Cash Needed at Closing

Minimum down payment$124,900
Estimated BC PTT$27,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,380

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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