- Active
#107 – 250 5 Street
Salmon Arm · Single Family
- Beds
- 2
- Baths
- 2
- Sqft
- 1,281
- Built
- 1994
Listed by REMAX Shuswap · MLS® 10398899
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Sign inAbout this home
Southeast facing ground floor corner unit in the sought after McIntosh Grove 55+ retirement community. This unique retirement development offers an attached common room complete with a kitchen, a gym, craft room and workshop for all to enjoy, plus RV parking for added convenience. This spacious 1,250+ sq. ft. home features a bright, open floor plan with beautiful morning sun and views of Mount Ida. The well-appointed kitchen offers ample cabinetry and generous counter space, with direct access to the 13' x 9' covered deck. The open dining and living room comes complete with laminate flooring throughout and a gas fireplace. The generous primary bedroom features a walk-in closet and a spacious ensuite with double sinks. A comfortable guest bedroom, full bathroom and large laundry room with enough space for an upright freezer, complete this home. Enjoy the peace of mind of secure entry, underground heated parking and a private storage unit. All this is just a short, convenient walk to Salmon Arm’s city center, making this a wonderful opportunity to enjoy comfortable, low-maintenance living in a welcoming community.
Home facts
- Bedrooms
- 2
- Bathrooms
- 2 full
- Interior
- 1,281 sq ft
- Year built
- 1994
- Storey
- 1
- Parking
- 1
- Property type
- Single Family
- Fireplace
- 1
- Area
- SE Salmon Arm
- Listed
- August 27, 2026
- Structure
- Apartment
- PID
- 018-697-453
- Common interest
- Condo/Strata
Highlights
- Mountain view
- Gym
- Meeting/Party Room
- Storage locker
- Fireplace
- Party room
Features and inclusions
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
- Heating
- See remarks, Other
- Cooling
- See Remarks
- Flooring
- Laminate, Linoleum
- Parking
- Underground
- Lot
- Corner Site, One Balcony
- Community
- Adult Oriented, Pets not Allowed, Seniors Oriented
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,658
- Property tax
- $100/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $1,908
Purchase snapshot
- List price
- $349,900
- Down payment
- $69,980 (20%)
- Estimated mortgage
- $279,920
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $1,890
- At 5.4009 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
As a rental
- Estimated rent
- $1,000 a month
- Gross yield
- 3.4%
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 48%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
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