- Active
4940 16 Street
Salmon Arm · Single Family
- Beds
- 5
- Baths
- 4
- Sqft
- 4,743
- Built
- 1995
Listed by Royal LePage Access Real Estate · MLS® 10395432
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Sign inAbout this home
This spacious Victorian-style family home offers character, charm, and elevated views of Shuswap Lake and the surrounding mountains. An amazing spot for your family to enjoy the next chapter. The covered front porch provides a welcoming entry into a thoughtfully designed layout. At the heart of the home is a beautifully updated kitchen equipped with quartz countertops, a center island, an eating bar, and a bright breakfast nook. This will be the gathering place to share the day your family and entertain friends. The backdrop is your private yard featuring patios, lush gardens, a firepit, and a tranquil waterfall feature; an invitation to outdoor entertaining. Hardwood floors connect the kitchen to the formal dining and living areas, where natural gas fireplaces add a cozy atmosphere and large windows showcase the scenery. A main-floor office and a quiet sitting area offer comfortable spots to work or relax. Upstairs, you will find four large bedrooms and two full bathrooms, including a primary suite with a walk-in closet and ensuite styled to capture the lake views. A versatile bonus room on this level easily serves as a playroom, games room, or additional workspace. The lower level extends the living space further with a large recreation room ideal for a home theater, gym, or play area. The private half acre property is complete with a covered carport, garage, and ample parking for guests or extra vehicles. A peaceful retreat designed for comfortable everyday living.
Home facts
- Bedrooms
- 5
- Bathrooms
- 3 full + 1 half
- Interior
- 4,743 sq ft
- Year built
- 1995
- Storeys
- 2
- Parking
- 1
- Property type
- Single Family
- Basement
- Full
- Garage
- Yes
- Fireplaces
- 2
- Area
- NE Salmon Arm
- Listed
- July 22, 2026
- Structure
- House
- PID
- 003-124-941
- Common interest
- Freehold
Highlights
- Mountain view
- Gym
- Private yard
- Meeting/Party Room
Features and inclusions
- Appliances
- Refrigerator, Cooktop - Gas, Dishwasher, See remarks, Washer & Dryer
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Flooring
- Tile, Hardwood, Carpeted, Cork
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage
- Lot
- Irregular lot size, Central island, Two Balconies
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $5,806
- Property tax
- $358/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $6,315
Purchase snapshot
- List price
- $1,225,000
- Down payment
- $245,000 (20%)
- Estimated mortgage
- $980,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $6,616
- 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.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- 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.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 51%
Who lives here
Documents
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