Property Type: TownhouseOwnership: Strata

800 Riverside Way Unit# 501

Fernie, BC V0B1M7

$1,049,900

3 bed4.5 bath4 parking2,356 sqftBuilt 2026
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
3

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$430/mo
Annual property tax
$0

Maintenance Fee Includes

WaterGarbage

Also included: Ground Maintenance, Insurance, Reserve Fund Contributions, Sewer

Interior

Heating
Heat Pump, Forced air, Electric, See remarks
Cooling / A/C
Heat Pump
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Carpeted, Ceramic Tile, Vinyl

Exterior & Lot

Exterior features
Stone, Metal, Other, Aluminum
View
Mountain view, River view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, Heated Garage

Room Dimensions

RoomLevelDimensions
Full bathroomThird level5' x 9'
BedroomThird level12' x 10'
BedroomThird level12' x 10'
Laundry roomThird level5'4'' x 8'
Full ensuite bathroomThird level5' x 12'
Primary BedroomThird level12' x 14'
PantrySecond level4' x 3'
KitchenSecond level16'8'' x 9'4''
Dining roomSecond level16'6'' x 9'6''
Partial bathroomSecond level3' x 7'6''
Living roomSecond level14' x 20'
OtherMain level20' x 13'
StorageMain level2'6'' x 4'
Full bathroomMain level5' x 9'
Utility roomMain level9' x 5'
FoyerMain level11' x 8'

Listing Information

MLS®
10395496
Listed
July 23, 2026
Time on market
On the market for 39 days
Data last synced
August 28, 2026

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

Description

Welcome to Rivers Edge II, a thoughtfully planned mountain-modern townhome community located just steps from the Elk River and only minutes from Fernie Alpine Resort. Upon completion, Rivers Edge II will comprise 21 contemporary townhomes designed for mountain living. This home is one of just four residences in Building 500, the final stage of the Rivers Edge II development offering one of the last opportunities to own a brand-new home in this development. Designed with functionality in mind, this three-level home offers a well-planned layout. The entry level features a heated double-car garage, a versatile bonus room with a full bathroom, ideal as a guest bedroom, home office, fitness room, or media space and access to a private patio. The second floor is designed for entertaining, featuring a bright kitchen, dining area, and living room, complemented by a convenient powder room and two covered balconies, one at the front and one at the rear, providing the perfect spaces to enjoy the fresh mountain air and surrounding views Upstairs, the spacious primary suite includes a walk-in closet and private ensuite, while two additional bedrooms, a full bathroom, and a conveniently located laundry room. Additional features include an energy-efficient heat pump and contemporary finishes throughout. This is a pre-sale opportunity. Renderings are for illustration purposes only. Actual finishes, materials, and specifications may vary. GST is applicable. (id:63159)

Values & Trends

This listing

$446/sqft

Building average

$395/sqft

1 active listing(s)

Fernie average

$623/sqft

12 active listing(s)

Parking: 4 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

4

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-MorigeauElementary580 m
The Fernie Academy(Independent)K-122.1 km
Isabella Dicken ElementaryElementary3.0 km
Fernie SecondaryK-123.5 km
Jaffray Elem-Jr SecondaryElementary/Middle20.8 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

Parks (1)

  • Unnamed583 m

Nearby places data: © OpenStreetMap contributors.

School district: South East Kootenay (SD5)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($79,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$839,920.00
Periodic payment — Principal & Interest (monthly)$5,418.88
Additional monthly expenses (strata, tax, utilities, etc.)$548.34
Total monthly cost$5,967.22
Interest paid over 5-yr term$240,723.49
Balance at end of term$755,510.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$79,990
Stress test qualifying rate8.09%
Payment you must qualify for$7,458.27

Cash Needed at Closing

Minimum down payment$79,990
Estimated BC PTT$18,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$100,488

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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