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Investment signal

$3,490,000

105 Castle Mountain Road

Beds

6

Baths

4

Sqft

Year

1979

About this home

A rare opportunity to own a truly one-of-a-kind 7.99-acre property within the City of Fernie. This spacious 6-bedroom, 4-bathroom home offers the perfect blend of privacy and convenience, located just minutes from historic downtown while surrounded by breathtaking mountain and valley views. Inside, you’ll find vaulted ceilings, two cozy gas fireplaces, and a thoughtfully designed layout featuring a primary bedroom with ensuite. The walk-out lower level offers excellent suite potential, ideal for extended family or rental income. Enjoy the outdoors from large decks overlooking your private acreage, with trails right at your doorstep. Complete with a triple car garage, this exceptional property delivers space, scenery, and lifestyle in one of Fernie’s most desirable settings. Schedule your private showing today! (id:65958)

Subtype
Single Family
Architectural style
Bungalow, Ranch
Lot size
7.99 acres
MLS#
10383475
Area
FERNIE
Negative cash flow ~$6,593/mo at these assumptions

Cash on cash

-11.34%

Cap rate

3.62%

GRM

16.7

Break-even rent

$24,390

Financing

Down payment$698,000
Loan amount$2,792,000
Mortgage$17,129/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,600
Insurance$80
Maintenance$2,908
CapEx reserve$1,454
Vacancy loss$873

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 $17,129/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 17, 2026.

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