Property Type: Land / LotOwnership: Freehold

1040 17 Avenue SE

Salmon Arm, BC V1E2C9

$275,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.19 acres
Frontage
75 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,780.96

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Listing Information

MLS®
10397524
Listed
August 18, 2026
Time on market
On the market for 13 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

BUILDERS & DREAM HOME BUYERS – ONE OF THE LAST LOTS IN BYER’S VIEW! Here’s your opportunity to build in Byer’s View, one of Southeast Salmon Arm’s premier estate-style subdivisions, known for luxury custom homes and truly outstanding views. Enjoy sweeping panoramas over downtown Salmon Arm, Shuswap Lake, the valley and surrounding mountains—some of the most impressive views in the area! Ideally located just off the 10th Street SE connector and only a few minutes from downtown or Piccadilly mall or 46km to Vernon, this fully serviced lot is ready for your plans and your dream home. R10 zoning allows for a legal suite, offering excellent flexibility for family, guests or additional income potential. A registered building scheme helps protect the subdivision’s high standard of construction and the quality of this desirable neighborhood. With very few opportunities remaining in Byer’s View, this is your chance to secure one of the subdivision’s last building lots and create a home that takes full advantage of this exceptional Salmon Arm setting. Bring your builder. Bring your vision. The lot—and the view—are ready! (id:63159)

Location Insights

Weather

13°C

Humidity 91%

Wind S 2 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

7

1/9 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
Hillcrest ElementaryElementary1.0 km
Salmon Arm StorefrontSecondary1.5 km
J.L. Jackson SecondarySecondary1.9 km
Shuswap Middle SchoolMiddle1.9 km
King's Christian School(Independent)K-122.4 km
South Broadview ElementaryElementary2.5 km
Bastion ElementaryElementary2.8 km
Salmon Arm SecondarySecondary3.2 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

Parks (1)

  • Badger Park488 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($13,795) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$220,720.00
Periodic payment — Principal & Interest (monthly)$1,424.01
Additional monthly expenses (strata, tax, utilities, etc.)$148.41
Total monthly cost$1,572.42
Interest paid over 5-yr term$63,258.99
Balance at end of term$198,538.35

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$13,795
Stress test qualifying rate8.09%
Payment you must qualify for$2,015.50

Cash Needed at Closing

Minimum down payment$13,795
Estimated BC PTT$3,518
Legal / closing costs (typical estimate)$1,500
Total cash needed$18,813

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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