Property Type: Detached HouseOwnership: Freehold

5418 Resort Drive

Fernie, BC V0B1M6

$2,599,000

5 bed4.5 bath6 parking3,222 sqftBuilt 2022
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
0.17 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,708.63

Interior

Heating
Forced air, Other
Cooling / A/C
Central air conditioning
Fireplace
Yes (4)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood

Exterior & Lot

Exterior features
Stone
View
Mountain view

Building

Roof
Metal, Unknown

Parking

Total spaces
6 — covered indicated
Features
Attached 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
OtherLower level12' x 12'
4pc Ensuite bathThird level
Primary BedroomSecond level13'8'' x 15'9''
OtherSecond level4'7'' x 9'1''
SaunaSecond level4'7'' x 5'9''
Mud roomSecond level6'3'' x 9'4''
Laundry roomSecond level9'1'' x 4'11''
2pc BathroomSecond level
PantrySecond level4'5'' x 11'8''
KitchenSecond level12'4'' x 17'7''
Dining roomSecond level8'7'' x 15'9''
Living roomSecond level11'3'' x 13'6''
BedroomAdditional Accommodation12'7'' x 14'11''
BedroomAdditional Accommodation9'1'' x 10'7''
Full bathroomAdditional Accommodation
KitchenMain level8'1'' x 16'7''
Living roomAdditional Accommodation10'0'' x 16'7''
4pc BathroomMain level
BedroomMain level13'6'' x 9'7''
BedroomMain level11'5'' x 11'7''
Family roomMain level11'6'' x 13'0''
FoyerMain level4'7'' x 13'0''
StorageLower level3'5'' x 6'6''
Utility roomLower level8'10'' x 16'0''

Listing Information

MLS®
10337704
Listed
March 8, 2025
Time on market
On the market for 542 days
Data last synced
August 28, 2026

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

Description

The Timber House – Ultimate Resort Living & Revenue Earner! Welcome to the breathtaking views of the Timber House, an architect-designed 2-dwelling home perched near the top of Fernie Alpine Resort. Offering resort-style living and revenue potential, this property is licensed for Short-Term Rental, blending lifestyle and investment opportunity. Custom built by a professional Ontario Builder. The 3-bedroom main house features a cozy family room, 2 bedrooms, and a full bathroom on the main floor. One bedroom boasts patio doors leading to a private front deck. The vaulted fir timber great room is the heart of the home, offering a spacious living area, stone fireplace, high-end kitchen, pantry, and dining area that opens to a covered deck with another stone fireplace. A powder bath, charging station, laundry, shower, sauna, and outdoor gear room leading to the hot tub complete the top level. The primary bedroom offers a walk-in closet, full en-suite, freestanding fireplace, and hot tub access. Off of the oversized double garage is a utility/storage room and cold storage. The legal 2-bedroom suite, accessible internally from the main house and an exterior entrance, offers a private deck, living room, stone fireplace, dining area, kitchen, 2 bedrooms, bathroom, and laundry—perfect for a nanny, parents or extra income. Built for the owners, with great attention to detail, this low-maintenance, energy-efficient home is ideal for resort life. Don’t miss this special property. Potential for Vendor TB financing. GST is applicable. (id:63159)

Values & Trends

This listing

$807/sqft

Building average

No other active listings in this building

Ski Hill Area average

$725/sqft

7 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

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-MorigeauElementary3.5 km
The Fernie Academy(Independent)K-125.0 km
Isabella Dicken ElementaryElementary6.0 km
Fernie SecondaryK-126.4 km
Jaffray Elem-Jr SecondaryElementary/Middle18.6 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.

Nearby Places

Restaurants (1)

  • Kelsey's448 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($519,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,079,200.00
Periodic payment — Principal & Interest (monthly)$13,414.29
Additional monthly expenses (strata, tax, utilities, etc.)$720.05
Total monthly cost$14,134.35
Interest paid over 5-yr term$595,904.70
Balance at end of term$1,870,247.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$519,800
Stress test qualifying rate8.09%
Payment you must qualify for$15,988.32

Cash Needed at Closing

Minimum down payment$519,800
Estimated BC PTT$55,970
Legal / closing costs (typical estimate)$1,500
Total cash needed$577,270

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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