691 7th Avenue, Fernie

Living room - 691 7th Avenue, Fernie, BC V0B1M0 Photo 1

98 Photos

Living room - 691 7th Avenue, Fernie, BC V0B1M0 Photo 2
Living room - 691 7th Avenue, Fernie, BC V0B1M0 Photo 3
Living room - 691 7th Avenue, Fernie, BC V0B1M0 Photo 4
Kitchen - 691 7th Avenue, Fernie, BC V0B1M0 Photo 5
Kitchen - 691 7th Avenue, Fernie, BC V0B1M0 Photo 6
Kitchen - 691 7th Avenue, Fernie, BC V0B1M0 Photo 7
  • Bedrooms: 8
  • Bathrooms: 7
  • Living area: 4339 sqft
  • MLS®: 2477219
  • Type: Residential
  • Added: 23 days ago

Property Details

Nestled in the heart of Fernie, British Columbia, awaits a remarkable opportunity for savvy investors and discerning homeowners alike. Originally crafted as a charming B & B, this spacious property has since transitioned to a home boasting multiple rental opportunities that promise lucrative returns. The main living space features a fun updated chef inspired kitchen, 5 bedrooms and 4.5 baths, laundry and a private hot tub. One of the bedrooms (above the garage) has its own entrance and can lock-off from the house featuring a private living space and kitchenette perfect for added flexibility for guests seeking privacy or homeowners desiring supplementary income streams. The lower level features an updated bright spacious two-bedroom legal suite and there is an additional one-bedroom retreat perched atop the residence, each unit exudes warmth and hospitality. Boasting a total of eight bedrooms and seven bathrooms, this home offers something for everyone. Many recent updates have been done to elevate the home. Updated kitchen, bathrooms, flooring, paint, lighting, appliances, quartz counters throughout, new boiler and hot tub to name a few. Prime location, situated just off Highway 3, enjoys a coveted spot across from the park, 5 blocks from downtown Fernie and 3 blocks to the Elk River and river trails. There is a large private yard, oversized Dbl garage and plenty of storage space throughout the home. Don't wait, call your Realtor(R) a call today to book a private showing. (id:1945)

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Property Information

  • Roof: Asphalt shingle, Unknown
  • Zoning: Highway commercial
  • Heating: Natural gas, Hot Water
  • List AOR: Kootenay
  • Basement: Finished, Full, Separate entrance
  • Flooring: Tile, Carpeted, Linoleum, Vinyl
  • Utilities: Sewer
  • Year Built: 1995
  • Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer
  • Living Area: 4339
  • Photos Count: 98
  • Water Source: Municipal water
  • Lot Size Units: square feet
  • Parcel Number: 016-091-728
  • Bedrooms Total: 8
  • Structure Type: House
  • Common Interest: Freehold
  • Exterior Features: Vinyl
  • Foundation Details: Concrete
  • Lot Size Dimensions: 5227
  • Construction Materials: Wood frame
Room Dimensions
Type Level Dimensions
Living room Lower level 24 x 14'8
Living room Main level 12'11 x 18'2
Living room Above 10'5 x 10'11
Living room Other 14'3 x 10'10
Kitchen Lower level 11'9 x 8'9
Kitchen Main level 11'11 x 13'6
Kitchen Above 5 x 4'5
Dining room Lower level 11'9 x 9'2
Dining room Main level 10'7 x 12'8
Primary Bedroom Main level 12'6 x 15'11
Ensuite Main level
Ensuite Above
Ensuite Other
Other Main level 9'9 x 7'11
Full bathroom Lower level
Partial bathroom Main level
Full bathroom Above
Bedroom Lower level 9'10 x 12'3
Bedroom Above 8'11 x 11'7
Bedroom Other 10'10 x 10'11
Bedroom Lower level 12'1 x 10'2
Bedroom Above 10'11 x 10'9
Bedroom Above 11'7 x 11'7
Bedroom Above 11'7 x 11'6
Ensuite Above
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Nearby Places

Name Type Address Distance
Park Place Lodge Lodging 742 British Columbia 3 0.1 km
Elk Valley Pizza Shoppe Restaurant 592 8 Ave 0.1 km
Cincott Farms Organic Market, Coffee House, and Cafe Restaurant 851 7th Ave 0.2 km
Travelodge Three Sisters Lodging 401 Highway Number 3 0.3 km
Curry Bowl The Restaurant 931 7 Ave 0.3 km
Bridge Bistro Restaurant 301 Crowsnest Hwy 0.4 km
Snow Valley Motel & RV Park Rv park 1041 7th Ave 0.4 km
Fernie, British Columbia A substantial seasonal population swells the city ... 0.4 km
Mugshots Cafe Cafe 592 3 Ave 0.4 km
Red Tree Lodge Establishment 1101 7 Ave 0.5 km
Overwaitea Foods Grocery or supermarket 792 2 Ave 0.5 km
Rocky Mountain Chocolate Factory Food 581A 2nd Ave 0.5 km
Similar Houses Stat in Fernie
We have found 6 Houses that closely match the specifications of the property located at 691 7th Avenue with distances ranging from 2 to 5 kilometers away. The prices for these similar properties vary between 1,345,000 and 2,250,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V0B1M0 postal code area of Fernie British Columbia Canada.
691 7th Avenue mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 691 7th Avenue. The current price of the property is $1,680,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,344,000. This would result in a monthly mortgage payment of $7,856 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 80
University / Above bachelor level 10
University / Below bachelor level 10
Certificate of Qualification 45
College 60
Degree in medicine 10
University degree at bachelor level or above 95

Neighbourhood Marital Status Stat

Married 210
Widowed 25
Divorced 30
Separated 5
Never married 110
Living common law 70
Married or living common law 285
Not married and not living common law 170

Neighbourhood Construction Date

1961 to 1980 50
1981 to 1990 20
1991 to 2000 10
1960 or before 125
Comparison of 691 7th Avenue, Fernie, BC with Nearby Houses
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Big White Real Estate 70 $829.924
Sorrento Real Estate 60 $895.507
Enderby Real Estate 133 $775.318
Radium Hot Springs Real Estate 114 $304.584
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West Kelowna Real Estate 493 $1.028.058
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Osoyoos Real Estate 448 $707.356
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