1060 16 Avenue SE
Salmon Arm, BC V1E0H4
$349,900
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.34 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,436
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Mountain view, View of water, View (panoramic)
Listing Information
- MLS®
- 10380032
- Listed
- March 23, 2026
- Time on market
- On the market for 161 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.
Description
""Rare opportunity - one of the largest lake-view lots in Salmon Arm's sought-after Sunset Ridge neighbourhood. This exceptional 0.34-acre south-facing lot at 1060 16 Ave SE is positioned on the uphill side of the street, capturing panoramic views of Shuswap Lake and surrounding mountains. The hard work is done: the lot is professionally cleared, graded, surveyed, with electrical power connection on site and all city services - water, sewer, and storm - installed at the property line ($20,000+ in added value). Zoned R-10 for outstanding flexibility: build a custom home with or without a legal suite, add a detached coach house or shop, or create a duplex setup for multi-generational living or strong rental income. Permit-ready architectural drawings for a single-family home with garage are included, along with survey, topographic plans & cogo file. Additional design work for a home with legal suite and detached coach house is approximately 75% complete and can be transferred to the buyer - all featuring lake and mountain views. No need to start from scratch. Located just minutes from downtown Salmon Arm, schools, shopping, and recreation - this is one of the last remaining large lake-view lots in a sought-after neighbourhood. Don't just buy a lot - buy a head start. Your Shuswap dream home starts here."" (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
4
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
| School | Type | Distance |
|---|---|---|
| Hillcrest Elementary | Elementary | 955 m |
| Salmon Arm Storefront | Secondary | 1.4 km |
| J.L. Jackson Secondary | Secondary | 1.8 km |
| Shuswap Middle School | Middle | 1.8 km |
| King's Christian School(Independent) | K-12 | 2.3 km |
| South Broadview Elementary | Elementary | 2.4 km |
| Bastion Elementary | Elementary | 2.7 km |
| Salmon Arm Secondary | Secondary | 3.1 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 Park510 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($17,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.