Salmon Arm · V1E2B9
$9,465/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Outstanding 0.904-acre R-5 High Density Multi-Family development site offering a rare opportunity for builders and investors seeking a well-priced project-ready property within the Columbia Shuswap Regional District (CSRD). Zoning approval has been granted based on several potential development configurations, including high-density condominiums, row housing, townhomes, or a mixed-form residential project, allowing flexibility in design and product mix. Preliminary planning and zoning work has already been completed to secure the R-5 designation, positioning the property for advancement through the Development Permit stage and toward construction. The Official Community Plan supports densities of up to 80.94 units per acre, providing strong development potential on the site. Strategically located within walking distance to the area’s primary commercial corridor, the property benefits from nearby retail amenities, transportation routes, professional services, schools, parks, and playgrounds, supporting a walkable and highly desirable residential environment. A compelling high-density development opportunity offered at an attractive price point, ideal for developers seeking scale and flexibility in a growing community. House has a month to month tenancy @ $1500.00 per mo. 24 hr notice for showing. All inquiries through the Listing Agent. Partial VTB available. All information and measurements deemed approximate only and should be verified by the Buyer(s) agent(s).
Vacant Land
Type
SE Salmon Arm
Area
Listed
August 7, 2026
Nearby & Commute
9 min
walk to No Frills
3h 37m
bike to Orient Chair Top Station
12h 1m
walk to Orient Chair Top Station
12h 37m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 47%
| Detached | 68 | 46.9% |
| Land | 25 | 17.2% |
| Townhouse | 19 | 13.1% |
| Condo / Apartment | 18 | 12.4% |
| Other | 8 | 5.5% |
| Other | 7 | 4.8% |
| Under $5,000 | 5 | 1.7% |
| $5,000 to $9,999 | 5 | 1.7% |
| $10,000 to $14,999 | 5 | 1.7% |
| $15,000 to $19,999 | 30 | 10.3% |
| $20,000 to $24,999 | 60 | 20.7% |
| $25,000 to $29,999 | 20 | 6.9% |
| $30,000 to $34,999 | 20 | 6.9% |
| $35,000 to $39,999 | 10 | 3.4% |
| $40,000 to $44,999 | 15 | 5.2% |
| $45,000 to $49,999 | 10 | 3.4% |
| $50,000 to $59,999 | 20 | 6.9% |
| $60,000 to $69,999 | 20 | 6.9% |
| $70,000 to $79,999 | 15 | 5.2% |
| $80,000 to $89,999 | 10 | 3.4% |
| $90,000 to $99,999 | 10 | 3.4% |
| $100,000 to $124,999 | 15 | 5.2% |
| $125,000 to $149,999 | 10 | 3.4% |
| $150,000 to $199,999 | 10 | 3.4% |
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.
Request the due-diligence package
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.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$9,465
Principal and interest
Calculated estimate
$8,765
Property tax
Calculated estimate
$550/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,895,000
Down payment
Calculated estimate
$379,000 (20%)
Estimated mortgage
Calculated estimate
$1,516,000
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
$9,465
/mo
Rate
%
Amortization
Principal and interest
$8,765
Property tax (est.)
$550
P&I
Tax
Down payment
$379,000 (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 $379,000 down (20%) on $1,895,000, 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.
