Salmon Arm · V1E2C9
$8,013/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Experience the best of both worlds, with this serene 12-acre property on 20th Ave SE, with a beautiful and updated 1,550 square foot rancher. This idyllic retreat backs onto crown land, offering privacy and nature right at your doorstep, is short walk to Hillcrest elementary school, just 1 km from downtown, and combines convenience with a peaceful setting. This beautiful home was fully renovated and updated in 2010, and offers approximately 1,550 square feet of open-concept living on the main floor that is open and bright and filled with natural light. Inside, you’ll find 2 bedrooms and 2 bathrooms, with an unfinished 400 sq ft basement ready for your vision. Outside, there’s ample room for hobbies and guests with a 40x24 detached shop, a guest cabin that has potential to be a 2 bedroom rental, and a spacious double garage. With City water this property also has a well so tons of water for crops, personal use or watering. This property offers a truly serene atmosphere—ideal for those seeking peace, quiet, convenience and the space for generational living. There’s a special kind of energy here you’ll feel it the moment you arrive and you will want to come back.
2
Beds
1,557 ft²
Floor area
1953
Year built
Single Family
Type
SE Salmon Arm
Area
Listed
July 8, 2026
Nearby & Commute
34 min
walk to No Frills
3h 44m
bike to Orient Chair Top Station
12h 25m
walk to Orient Chair Top Station
12h 39m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 45%
| Detached | 64 | 45.1% |
| Land | 24 | 16.9% |
| Townhouse | 19 | 13.4% |
| Condo / Apartment | 18 | 12.7% |
| Other | 9 | 6.3% |
| Other | 8 | 5.6% |
| $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% |
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.
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A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$8,013
Principal and interest
Calculated estimate
$7,396
Property tax
Calculated estimate
$467/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,599,000
Down payment
Calculated estimate
$319,800 (20%)
Estimated mortgage
Calculated estimate
$1,279,200
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
$8,013
/mo
Rate
%
Amortization
Principal and interest
$7,396
Property tax (est.)
$467
P&I
Tax
Down payment
$319,800 (20%)
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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 $319,800 down (20%) on $1,599,000, 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 5.1444 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.
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.
Provincial farmland protection restricts subdivision and non-farm use.
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.
