Property Type: Detached HouseOwnership: Freehold

#10 1231 10 Street SW

Salmon Arm, BC V1E0A5

$569,700

2 bed2 bath2 parking1,210 sqftBuilt 2007
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.09 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$120/mo
Annual property tax
$3,485.13

Maintenance Fee Includes

Also included: Ground Maintenance, Other, See Remarks, Reserve Fund Contributions

Interior

Heating
Geothermal
Cooling / A/C
Geothermal
Fireplace
None

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, See Remarks, Heated Garage

Restrictions & Policies

Pets
Restrictions apply
Age / occupancy
Adult-oriented (no young children), Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
OtherMain level24'8'' x 11'5''
OtherMain level18'4'' x 7'7''
OtherMain level25'8'' x 6'
3pc Ensuite bathMain level8'3'' x 6'
OtherMain level6'4'' x 4'5''
Primary BedroomMain level15'5'' x 11'3''
Laundry roomMain level11'1'' x 6'
BedroomMain level11'1'' x 9'2''
4pc BathroomMain level8'7'' x 4'11''
Dining roomMain level12'11'' x 8'8''
KitchenMain level12'2'' x 8'7''
Living roomMain level17' x 12'9''
FoyerMain level7'7'' x 6'

Listing Information

MLS®
10398318
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Convenience and easy living for the 55+ Buyer is found here at unit 10 of the Village at 10th & 10th. This is a 1210 ft2 unit with 2 bedrooms and 2 baths tucked away in the back corner of the complex away from traffic. Enter off the covered front porch and a spacious vaulted ceiling great room with generous kitchen awaits. Off the kitchen you'll find the attached single garage for easy access with groceries. Down the hall there are 2 bedrooms. The principal bedroom features an ensuite bath and walk-in closet and has access to the back yard should you need to visit a garden box for a snack before bed!! Across the hall you'll find the utility room with laundry facilities. This home is heated and cooled with geothermal so utility costs are inexpensive. Just a short walk to Picadilly Mall and amenities, this property is perfect for retirees or those who prefer to lock and leave. There is additional RV parking available through strata. This unit won't last long at this price point so book your viewing soon!! (id:63159)

Values & Trends

This listing

$471/sqft

Building average

No other active listings in this building

SW Salmon Arm average

$449/sqft

14 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

16°C

Humidity 84%

Wind SSE 5 km/h

Tonight

10°

Tuesday

25°

Tuesday night

14°

Wednesday

23°

Wednesday night

12°

Thursday

20°

Source: Environment and Climate Change Canada.

Population

19,432

(2021 Census)

+9.7% since 2016

Density: 125.2/km²

Dwellings: 8,517

Median household income: $75,000

After-tax: $68,000

Immigrant population: 10.2%

Top countries of origin (% of total population)

  • United Kingdom2.4% · 460
  • United States of America1.1% · 210
  • Germany0.9% · 170
  • Netherlands0.7% · 145
  • Philippines0.7% · 140
  • Poland0.3% · 55
  • China0.3% · 55
  • India0.3% · 50

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

6/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Salmon Arm StorefrontSecondary1.1 km
J.L. Jackson SecondarySecondary2.4 km
Hillcrest ElementaryElementary2.8 km
Salmon Arm West ElementaryElementary2.8 km
Shuswap Middle SchoolMiddle3.4 km
Bastion ElementaryElementary3.6 km
King's Christian School(Independent)K-123.7 km
South Broadview ElementaryElementary3.8 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (1)

  • Mr Mikes · 1035 Lakeshore Drive Southwest779 m

Cafes (1)

  • Sweet Leaf Bakery & Cafe · 1151 10 Avenue Southwest284 m

Grocery (1)

  • Save on Foods · 1151 10 Avenue Southwest181 m

Parks (1)

  • Blackburn Park557 m

Shopping (2)

  • Piccadilly Mall265 m
  • Canadian Tire297 m

Pharmacies (1)

  • Shoppers Drug Mart216 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.6% ($31,970) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$455,760.00
Periodic payment — Principal & Interest (monthly)$2,940.41
Additional monthly expenses (strata, tax, utilities, etc.)$471.43
Total monthly cost$3,411.84
Interest paid over 5-yr term$130,622.13
Balance at end of term$409,957.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$31,970
Stress test qualifying rate8.09%
Payment you must qualify for$4,134.96

Cash Needed at Closing

Minimum down payment$31,970
Estimated BC PTT$9,394
Legal / closing costs (typical estimate)$1,500
Total cash needed$42,864

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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