About this home

One of the best values on the market, this extensively renovated property offers exceptional flexibility and income potential with a separate 2-bedroom suite to help offset your mortgage from day one. The main home features 3 bedrooms, while both living spaces have been thoughtfully updated throughout. Major improvements completed in 2023 include new vinyl flooring, renovated kitchens and bathrooms, new appliances, washer and dryer sets for both units, hot water tanks, exterior doors, window coverings, and upgraded 200-amp electrical service with separate panels. Additional updates include a high-efficiency furnace in 2022, central A/C for the upper level in 2023, and updated vinyl sliding doors and windows. Conveniently located close to downtown, parks, and amenities, this is an excellent opportunity for investors, first-time buyers, or anyone looking for a quality home with a mortgage helper.

Property details

5

Beds

2 full

Baths

2,088 ft²

Floor area

1967

Year built

2

Storeys

$5,620/yr

Gross tax

Location & structure

Single Family

Type

Full

Basement

SE Salmon Arm

Area

Listed

July 17, 2026

Basement

Full

Structure

House

PID

009-634-207

Property highlights

Mountain view

Features & inclusions

Heating

Forced air, See remarks

Cooling

Central air conditioning

Roof

Asphalt shingle, Unknown

Additional details

Common interest

Freehold

Nearby & Commute

16 min

walk to No Frills

3h 38m

bike to Orient Chair Top Station

12h 6m

walk to Orient Chair Top Station

12h 37m

drive to downtown Vancouver

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 46%

Documents and due diligence

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.

Property disclosure statement

Review seller-disclosed conditions and known defects.

Title search

Review registered ownership, charges, easements, and covenants.

Inspection reports

Review available property-condition findings.

Building and renovation permits

Confirm that significant work was properly permitted.

Survey or site plan

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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.

Financial overview

A clearer view of the monthly and upfront costs connected to this home.

Monthly ownership costs

Estimated monthly total

Calculated estimate

$3,389

Principal and interest

Calculated estimate

$2,771

Property tax

Listing data

$468/mo

Home insurance

Assumption

$150/mo

Purchase snapshot

List price

Listing data

$599,000

Down payment

Calculated estimate

$119,800 (20%)

Estimated mortgage

Calculated estimate

$479,200

Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.

Mortgage estimate

Tax from listing

Est. monthly total

$3,389

/mo

Rate

%

Amortization

Principal and interest

$2,771

Property tax

$468

P&I

Tax

Down payment

$119,800 (20%)

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Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $119,800 down (20%) on $599,000, Canadian semi-annual compounding. Property tax sourced from listing. 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.

Detached	66	46.2%
Townhouse	25	17.5%
Land	20	14.0%
Condo / Apartment	17	11.9%
Other	8	5.6%
Other	7	4.9%

$20,000 to $24,999	10	3.8%
$25,000 to $29,999	15	5.7%
$30,000 to $34,999	5	1.9%
$35,000 to $39,999	15	5.7%
$40,000 to $44,999	10	3.8%
$45,000 to $49,999	10	3.8%
$50,000 to $59,999	20	7.5%
$60,000 to $69,999	15	5.7%
$70,000 to $79,999	30	11.3%
$80,000 to $89,999	15	5.7%
$90,000 to $99,999	15	5.7%
$100,000 to $124,999	35	13.2%
$125,000 to $149,999	20	7.5%
$150,000 to $199,999	25	9.4%
$200,000 and over	25	9.4%

Detached	66	46.2%
Townhouse	25	17.5%
Land	20	14.0%
Condo / Apartment	17	11.9%
Other	8	5.6%
Other	7	4.9%

$20,000 to $24,999	10	3.8%
$25,000 to $29,999	15	5.7%
$30,000 to $34,999	5	1.9%
$35,000 to $39,999	15	5.7%
$40,000 to $44,999	10	3.8%
$45,000 to $49,999	10	3.8%
$50,000 to $59,999	20	7.5%
$60,000 to $69,999	15	5.7%
$70,000 to $79,999	30	11.3%
$80,000 to $89,999	15	5.7%
$90,000 to $99,999	15	5.7%
$100,000 to $124,999	35	13.2%
$125,000 to $149,999	20	7.5%
$150,000 to $199,999	25	9.4%
$200,000 and over	25	9.4%

1231 1 Street

1231 1 Street

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