Salmon Arm · V0E1K0
$3,086/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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PRIVATE .26-ACRE PROPERTY ON A NO THROUGH ROAD IN CANOE - A fantastic opportunity to own a versatile property in the heart of Canoe! Situated on a private .26-acre lot on a quiet no-through road, this property is perfect for investors or homeowners looking to offset their mortgage with excellent rental income. Currently generating $3,625 per month with reliable long-term tenants, this is an opportunity you won't want to miss. The home offers two self-contained living spaces. One side features 3 bedrooms, 1 bathroom, and an open kitchen, living, and dining area. The second side offers 2 bedrooms and 2 bathrooms, with a bright, spacious layout that includes a large kitchen with island, open-concept living and dining area, and a generous primary bedroom complete with a walk-in closet and private ensuite. Originally a 2-bedroom, 2-bath modular home, the property was professionally expanded with a permitted addition in 2013. Each residence enjoys its own private yard space and dedicated parking, providing excellent privacy for occupants. Located just a short walk from the beach and scenic walking trails, you'll also appreciate the convenient proximity to golf, parks, the elementary school, the local corner market, and the popular Canooligans restaurant. Whether you're looking for a smart investment or a home with built-in income potential, this property is well worth your consideration.
5
Beds
1,884 ft²
Floor area
2006
Year built
Single Family
Type
NE Salmon Arm
Area
Listed
July 16, 2026
Nearby & Commute
1h 23m
walk to Askew's Foods - Uptown Salmon Arm
3h 40m
bike to Orient Chair Top Station
12h 11m
walk to Orient Chair Top Station
12h 53m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Land · 44%
| Land | 27 | 44.3% |
| Detached | 24 | 39.3% |
| Mobile home | 10 | 16.4% |
| $20,000 to $24,999 | 5 | 1.9% |
| $25,000 to $29,999 | 5 | 1.9% |
| $30,000 to $34,999 | 5 | 1.9% |
| $35,000 to $39,999 | 5 | 1.9% |
| $40,000 to $44,999 | 10 | 3.8% |
| $45,000 to $49,999 | 10 | 3.8% |
| $50,000 to $59,999 | 15 | 5.8% |
| $60,000 to $69,999 | 25 | 9.6% |
| $70,000 to $79,999 | 20 | 7.7% |
| $80,000 to $89,999 | 25 | 9.6% |
| $90,000 to $99,999 | 20 | 7.7% |
| $100,000 to $124,999 | 35 | 13.5% |
| $125,000 to $149,999 | 25 | 9.6% |
| $150,000 to $199,999 | 40 | 15.4% |
| $200,000 and over | 15 | 5.8% |
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
$3,086
Principal and interest
Calculated estimate
$2,761
Property tax
Calculated estimate
$175/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$597,000
Down payment
Calculated estimate
$119,400 (20%)
Estimated mortgage
Calculated estimate
$477,600
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
$3,086
/mo
Rate
%
Amortization
Principal and interest
$2,761
Property tax (est.)
$175
P&I
Tax
Down payment
$119,400 (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 $119,400 down (20%) on $597,000, 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.
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.
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.
