Salmon Arm · V1E1T6
$6,639/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Rare opportunity to enjoy nearly 5 acres of privacy and lake and mountain views while still being right in town on city water. This versatile property features a barn, hobby farm set up, heated above ground pool, hot tub and a large concrete parking area for your boat, RV and all of your toys. With room for kids to play and direct access to trails leading to Mt Ida, its the perfect blend of convenience and country living. The spacious 5 bedroom, 3 bathroom rancher with full walk out basement offers an idea family layout. The main floor features 3 bedrooms and 2 bathrooms, with large windows facing the lake and mountains, while the lower level includes a spacious rec room with cozy fireplace, 2 additional bedrooms, bathroom, office and plenty of storage. Additional features include cherry and plum trees, heat pumps for heating and cooling, oversized attached garage, 200 amp service, 9 year old roof and hardy siding. Buyers could pursue subdivision potential on lower part acreage.
5
Beds
3,034 ft²
Floor area
1973
Year built
Single Family
Type
SW Salmon Arm
Area
Listed
August 5, 2026
Nearby & Commute
17 min
walk to Save on Foods
3h 37m
bike to nearest SkyTrain station
12h 4m
walk to nearest SkyTrain station
12h 35m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 42%
| Detached | 46 | 42.2% |
| Land | 23 | 21.1% |
| Condo / Apartment | 18 | 16.5% |
| Townhouse | 11 | 10.1% |
| Mobile home | 5 | 4.6% |
| Other | 6 | 5.5% |
| $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% |
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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
$6,639
Principal and interest
Calculated estimate
$6,106
Property tax
Calculated estimate
$383/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,320,000
Down payment
Calculated estimate
$264,000 (20%)
Estimated mortgage
Calculated estimate
$1,056,000
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
$6,639
/mo
Rate
%
Amortization
Principal and interest
$6,106
Property tax (est.)
$383
P&I
Tax
Down payment
$264,000 (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 $264,000 down (20%) on $1,320,000, 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.
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.
