Property Type: TownhouseOwnership: Strata

1070 1 Street SE Unit# 2

Salmon Arm, BC V1E0B6

$249,900

1 bed1 bath589 sqftBuilt 2008
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
1

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$260/mo
Annual property tax
$1,428.07

Interior

Heating
Heat Pump, Baseboard heaters
Fireplace
None

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Stall

Restrictions & Policies

Pets
Restrictions apply, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
OtherMain level4'6'' x 4'2''
Full bathroomMain level8'1'' x 8'2''
Primary BedroomMain level9'7'' x 11'11''
Living roomMain level10'11'' x 12'10''
Dining roomMain level6'1'' x 9'
KitchenMain level9'10'' x 9'9''

Listing Information

MLS®
10365331
Listed
October 8, 2025
Time on market
On the market for 327 days
Data last synced
August 28, 2026

Listing provided by: REMAX Shuswap · Data source: CREA DDF.

Description

Think affordability, convenience, and functionality all wrapped up in one perfect little package! This cozy 1-bedroom, 1-bathroom home is a fantastic find, whether you're buying your very first place, looking to simplify and retire, or searching for a smart investment. The bright, open layout is compact but incredibly functional, featuring a great kitchen, handy in-suite laundry, and an efficient heat pump to keep you comfy year-round without breaking the bank. With low strata fees and your own designated parking spot, it really is the ultimate low-maintenance setup. To top it all off, you’re centrally located and just a short walk away from local shopping, parks, and transit. This sweet spot is a must-see, so definitely add it to your viewing list today! (id:63159)

Values & Trends

This listing

$424/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$317/sqft

5 active listing(s)

Parking: Not indicatedStorage 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

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

SchoolTypeDistance
Salmon Arm StorefrontSecondary519 m
J.L. Jackson SecondarySecondary1.5 km
Hillcrest ElementaryElementary1.6 km
Shuswap Middle SchoolMiddle2.2 km
King's Christian School(Independent)K-122.5 km
Bastion ElementaryElementary2.6 km
South Broadview ElementaryElementary2.7 km
Salmon Arm SecondarySecondary3.1 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 (2)

  • Unnamed660 m
  • Blackburn Park775 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$199,920.00
Periodic payment — Principal & Interest (monthly)$1,289.82
Additional monthly expenses (strata, tax, utilities, etc.)$408.41
Total monthly cost$1,698.22
Interest paid over 5-yr term$57,297.65
Balance at end of term$179,828.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,825.56

Cash Needed at Closing

Minimum down payment$12,495
Estimated BC PTT$2,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,993

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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