No photos available
Investment signal

$2,699,000

5418 Resort Drive

Beds

5

Baths

4.1

Sqft

Year

2022

About this home

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 an experienced 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. Any applicable GST will be included in the price. (id:65958)

Subtype
Single Family
Architectural style
Contemporary
Lot size
0.17 acres
MLS#
10337704
Area
FERNIE
Negative cash flow ~$5,112/mo at these assumptions

Cash on cash

-11.36%

Cap rate

3.62%

GRM

16.7

Break-even rent

$18,881

Financing

Down payment$539,800
Loan amount$2,159,200
Mortgage$13,246/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,237
Insurance$80
Maintenance$2,249
CapEx reserve$1,125
Vacancy loss$675

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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 $13,246/mo at 5.49% with 20% down, 25-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 14, 2026.

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