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Investment signal

$3,800,000

126 Burma Road

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Type

Vacant Land

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Fernie. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Unlock a rare opportunity to develop one of Fernie’s last large, fully serviced parcels—49 acres of gently sloping land with sweeping southeast views of the Lizard Range, Fernie Alpine Resort, and the Elk River. Located within the City of Fernie, a renowned four-season resort town in the Canadian Rockies, this development property is fully connected to municipal water, sewer, underground 3-phase power, cable, and telecom—stubbed to the parcel property line on Burma Road. Zoned RR (Rural Residential), with potential for multi-family or small-lot residential (RSS) zoning, the property offers exceptional flexibility for a boutique subdivision, a master-planned community, or an estate property, all within minutes of downtown Fernie. Adjacent to the established communities of Alpine Trails and Burma Road Estates, and just minutes from Fernie Alpine Resort and multiple outdoor recreation opportunities, the site is ideally positioned for both primary residences and vacation homes. With Koocanusa Lake 30 minutes away, Cranbrook Airport within an hour, and Calgary International Airport just three hours away, accessibility complements this site's natural beauty and investment appeal. As one of the last remaining large-scale, in-town parcels, this is a rare chance to shape the future of Fernie’s residential landscape in a high-demand market. (id:65958)

Subtype: Vacant Land
Structure: Other
Community: Fernie
Common interest: Freehold
Lot size: 48.93 acres
Lot dimensions: 48.93
On market: Jul 29, 2025
Status changed: Apr 27, 2026
Annual tax: $9,655.64
Photos: 44
MLS#: 10355186
Area: FERNIE

Features and systems

Lot

Private settingTreedSlopingSee remarks

Community

Rural Setting

View

Mountain viewRiver viewValley view

Utilities

WaterSewerNatural GasElectricityCableTelephone

Negative cash flow ~$3,925/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.20%

Cap rate

3.62%

GRM

16.7

Break-even rent

$23,131

Financing

Down payment$760,000

Loan amount$3,040,000

Mortgage$15,403/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,742

Insurance$80

Maintenance$3,167

CapEx reserve$1,583

Vacancy loss$950

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $15,403/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.