Fernie · V0B1M0
$4,079/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Incredible Development Opportunity in the Heart of Fernie! Welcome to 701 & 721 7th Ave – a rare double-lot offering with 0.24 acres of bare land zoned C-HWY (Commercial Highway) in one of BC’s most desirable mountain towns. Set just off Highway 3 and within walking distance to Historic Downtown Fernie, this high-visibility location provides excellent exposure and endless potential for commercial or mixed-use development. Fernie continues to earn national attention as a year-round destination for adventure, community, and culture. With a permanent population of over 6,000 and a strong influx of tourists and second-home owners, the town supports a diverse economy anchored by tourism, recreation, small business, and professional services. The C-HWY zoning allows for a wide range of permitted uses including retail, restaurants, medical or dental clinics, bars, personal services, auto parts sales, and even residential units above the ground floor. Whether you're an investor, builder, or entrepreneur, this is an ideal opportunity to develop in a vibrant, growing community with high demand for well-located commercial space. With few undeveloped lots remaining along the highway corridor, this is your chance to secure a piece of Fernie’s future. Let your vision take shape in one of Canada’s most celebrated mountain towns. Contact your REALTOR® today to learn more and explore this opportunity firsthand.
Vacant Land
Type
Fernie
Area
Listed
June 3, 2026
Nearby & Commute
9 min
walk to Save-On-Foods
23 min
bike to nearest SkyTrain station
1h 18m
walk to nearest SkyTrain station
23h 19m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Land · 36%
| Land | 21 | 36.2% |
| Detached | 18 | 31.0% |
| Condo / Apartment | 8 | 13.8% |
| Townhouse | 7 | 12.1% |
| Mobile home | 2 | 3.4% |
| Other | 2 | 3.4% |
| $15,000 to $19,999 | 5 | 2.1% |
| $20,000 to $24,999 | 15 | 6.3% |
| $25,000 to $29,999 | 15 | 6.3% |
| $30,000 to $34,999 | 5 | 2.1% |
| $35,000 to $39,999 | 10 | 4.2% |
| $40,000 to $44,999 | 5 | 2.1% |
| $45,000 to $49,999 | 5 | 2.1% |
| $50,000 to $59,999 | 10 | 4.2% |
| $60,000 to $69,999 | 5 | 2.1% |
| $70,000 to $79,999 | 20 | 8.3% |
| $80,000 to $89,999 | 15 | 6.3% |
| $90,000 to $99,999 | 5 | 2.1% |
| $100,000 to $124,999 | 35 | 14.6% |
| $125,000 to $149,999 | 20 | 8.3% |
| $150,000 to $199,999 | 45 | 18.8% |
| $200,000 and over | 25 | 10.4% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
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Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$4,079
Principal and interest
Calculated estimate
$3,696
Property tax
Calculated estimate
$233/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$799,000
Down payment
Calculated estimate
$159,800 (20%)
Estimated mortgage
Calculated estimate
$639,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$4,079
/mo
Rate
%
Amortization
Principal and interest
$3,696
Property tax (est.)
$233
P&I
Tax
Down payment
$159,800 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $159,800 down (20%) on $799,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
At 5.8829 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
