#7 – 881 16 Street
Salmon Arm · V1E3L5
$3,541/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Salmon Arm · V1E3L5
$3,541/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Step into effortless living in this beautifully maintained, level-entry 3-bed, 3-bath home, ideally situated in the desirable Burlington Heights. From the moment you enter, you’ll appreciate the bright and airy atmosphere created by large windows and an abundance of natural light throughout. Designed for everyday ease, the home features a spacious, open-concept kitchen with an oversized island, generous cabinetry, and ample counter space—perfect for casual meals or entertaining guests. The adjoining dining area flows seamlessly into a comfortable living room setting. A standout feature is the sunroom, where floor-to-ceiling windows frame stunning lake and mountain views. It’s a peaceful retreat bathed in sunlight—ideal for morning coffee or a quiet afternoon with your favourite book. The primary bedroom includes a WIC and a private ensuite, while the main floor also offers the convenience of laundry, a spare bedroom, and direct access to the attached garage—keeping everything within easy reach. Downstairs, the fully finished basement adds flexible space for family or visitors, with a huge rec room complete with a gas fireplace, an additional bedroom with ensuite and WIC, a den, and plenty of storage. Step outside to enjoy the private patio and charming gazebo, all set within beautifully landscaped yet low-maintenance grounds. With only 8 homes in this quiet, well-kept strata and an unbeatable location within walking distance to downtown amenities, this home is a rare find.
3
Beds
2,591 ft²
Floor area
2004
Year built
Single Family
Type
NE Salmon Arm
Area
Listed
April 8, 2026
$689,900 is 33.1% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
16 min
walk to Askew's Foods - Uptown Salmon Arm
3h 38m
bike to Orient Chair Top Station
12h 7m
walk to Orient Chair Top Station
12h 41m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 49%
| Detached | 77 | 48.7% |
| Land | 27 | 17.1% |
| Townhouse | 19 | 12.0% |
| Condo / Apartment | 18 | 11.4% |
| Other | 8 | 5.1% |
| Other | 9 | 5.7% |
| $15,000 to $19,999 | 5 | 1.0% |
| $20,000 to $24,999 | 10 | 2.0% |
| $25,000 to $29,999 | 15 | 3.1% |
| $30,000 to $34,999 | 10 | 2.0% |
| $35,000 to $39,999 | 20 | 4.1% |
| $40,000 to $44,999 | 10 | 2.0% |
| $45,000 to $49,999 | 15 | 3.1% |
| $50,000 to $59,999 | 50 | 10.2% |
| $60,000 to $69,999 | 40 | 8.2% |
| $70,000 to $79,999 | 40 | 8.2% |
| $80,000 to $89,999 | 35 | 7.1% |
| $90,000 to $99,999 | 25 | 5.1% |
| $100,000 to $124,999 | 75 | 15.3% |
| $125,000 to $149,999 | 45 | 9.2% |
| $150,000 to $199,999 | 55 | 11.2% |
| $200,000 and over | 40 | 8.2% |
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
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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
$3,541
Principal and interest
Calculated estimate
$3,191
Property tax
Calculated estimate
$200/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$689,900
Down payment
Calculated estimate
$137,980 (20%)
Estimated mortgage
Calculated estimate
$551,920
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
$3,541
/mo
Rate
%
Amortization
Principal and interest
$3,191
Property tax (est.)
$200
P&I
Tax
Down payment
$137,980 (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 $137,980 down (20%) on $689,900, 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.