Salmon Arm · V1E4A5
$2,806/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
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Opportunity awaits in an unbeatable location. This hidden gem offers a convenient lifestyle, just steps from downtown shops, local restaurants, and scenic foreshore walking trails. Situated on a flat half-acre lot, this property is overflowing with potential for buyers eager to build sweat equity and craft their dream home. The main level boasts beautiful hardwood floors, a bright eat-in kitchen, a separate formal dining room, two comfortable bedrooms, and a full bathroom. The real possibilities lie in the full basement. Bring your tools and ideas and recreate this lower space to suite your exact needs. Currently there are 2 bedrooms and a bathroom and a large unfished area with utilities. A separate entrance lends itself to a suite for a little extra mortgage helper. If you an eye for opportunity, this home provides the ideal starting point and location to transform into an update, polished home. A two car carport and a large flat lot that leaves room for the kids, pets, gardens, a maybe even the shop space you have always wanted. Envision the potential of your new home in downtown Salmon Arm.
4
Beds
1,790 ft²
Floor area
1964
Year built
Single Family
Type
NE Salmon Arm
Area
Listed
September 8, 2026
Nearby & Commute
15 min
walk to Askew's Foods
3h 38m
bike to Orient Chair Top Station
12h 6m
walk to Orient Chair Top Station
12h 41m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 51%
| Detached | 88 | 51.2% |
| Land | 27 | 15.7% |
| Condo / Apartment | 21 | 12.2% |
| Townhouse | 19 | 11.0% |
| Mobile home | 8 | 4.7% |
| Other | 9 | 5.2% |
| $10,000 to $14,999 | 5 | 2.9% |
| $15,000 to $19,999 | 5 | 2.9% |
| $20,000 to $24,999 | 20 | 11.8% |
| $25,000 to $29,999 | 15 | 8.8% |
| $30,000 to $34,999 | 5 | 2.9% |
| $35,000 to $39,999 | 15 | 8.8% |
| $40,000 to $44,999 | 10 | 5.9% |
| $45,000 to $49,999 | 10 | 5.9% |
| $50,000 to $59,999 | 10 | 5.9% |
| $60,000 to $69,999 | 10 | 5.9% |
| $70,000 to $79,999 | 10 | 5.9% |
| $80,000 to $89,999 | 5 | 2.9% |
| $90,000 to $99,999 | 5 | 2.9% |
| $100,000 to $124,999 | 20 | 11.8% |
| $125,000 to $149,999 | 10 | 5.9% |
| $150,000 to $199,999 | 10 | 5.9% |
| $200,000 and over | 5 | 2.9% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,806
Principal and interest
Calculated estimate
$2,497
Property tax
Calculated estimate
$158/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$539,900
Down payment
Calculated estimate
$107,980 (20%)
Estimated mortgage
Calculated estimate
$431,920
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$2,806
/mo
Rate
%
Amortization
Principal and interest
$2,497
Property tax (est.)
$158
P&I
Tax
Down payment
$107,980 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $107,980 down (20%) on $539,900, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
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.
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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
