Montane is Fernie, British Columbia’s newest and most sought after mountain community. The Montane vision was guided by the site’s social, physical and recreational connections to Fernie’s historical core…and a deep commitment to direct social, economic and environmental investment in and for the community. Montane is setting a new standard of community recreational responsibility.
Building permits are required by 30 months from completion/closing. Construction to begin at 36 months and completed 24 months later.
A 10% non-refundable deposit is required at time of contract of purchase and sale.
Typical land ownership costs over and above the purchase price of a home site includes 5% GST and BC Property Transfer Tax (1% on the first $200,000 and 2% on the remaining).
The Terraces at Montane is a Fee Simple subdivision. A Rentcharge will be applied annually to each home site owner for the purpose of paying for the cost of snow removal on sidewalks, soccer field and trail maintenance, which will be administered by the Developer. Annual Rent charge fees are $895 per home site. Rent charge is solely a cost recovery fee, which the developer continues to maintain at reasonable levels. Any increase in the Annual Rent charge is restricted to a maximum of 5% annually.
Servicing includes City of Fernie supplied water and sewage, electricity serviced by the British Columbia Hydro and Power Authority or a competing provider, natural gas supplied by Fortis, BC or a competing provider, access will be managed by the City of Fernie. The City of Fernie will provide road maintenance and snow clearing. Prior to commencement of construction, owners of home sites are required to obtain a building permit from the City of Fernie. Payment of the City of Fernie hook-up fees and Development Cost Charges will be required at the time of issuance of a building permit.
A small community educational farm program is intended to allow individuals or groups access the 30- acres of land surrounding the historic Old Barn for agricultural and educational purposes. Opportunities will be identified for the owners of Montane to support programs and participate in the enjoyment of the produce. This will be strictly on a volunteer basis. Parastone will be developing these programs in 2018.
There is no obligation to the community farm or programs.
No. The Community Farm operations will be funded through opt in only Montane Community Farm programs.
We have 5 preferred builders:
- Beacon Project Management
- Element Homes
- Elk River Mountain Homes
- Larsen Whelan Enterprises
- Parastone Developments
Montane is a staged development. There are no multi-family sites in The Terraces or Morrissey Court. Multi-family will occur in the future development area of Brewery Creek, as per our master plan.
Montane is a multi-phased development, comprised of over 600 acres of land with over 70% preserved for green space and recreational access. Currently, the first five phases of Montane, including The Terraces and Morrissey Court will include 82 home sites.
Golf is not planned as an amenity for this development.
Parastone Developments is a landmark real estate development and construction firm located in Fernie BC. ‘Landmark construction’ requires careful planning, solid professional services and a commitment to enhance land through the creation of signature communities. Parastone is recognized for various commercial developments and restorations, along with larger residential projects including 901 Fernie and Veneto Place, both located in Fernie’s heritage downtown area.
Developer has arranged conditional mortgage financing for the construction of the development.
Building may commence upon completion of servicing and City approvals. The Terraces, phases 1 through 4 are sold out. Morrissey Court, phase 5 are fully serviced lots available for building.