Property Type: Detached HouseOwnership: Freehold

1141 70 Street SE

Salmon Arm, BC V1E1X8

$1,239,900

5 bed2 bath2,559 sqftBuilt 1969
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
12.64 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,518.04

Interior

Basement
Full
Heating
Forced air
Fireplace
Yes (2)
Fireplace type
Free Standing Metal, Insert

Exterior & Lot

Exterior features
Wood
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Features
Covered

Room Dimensions

RoomLevelDimensions
Utility roomBasement3'10'' x 12'11''
StorageBasement8'8'' x 12'11''
Full bathroomBasement5'6'' x 6'4''
BedroomBasement13'0'' x 14'11''
BedroomBasement10'7'' x 12'3''
Recreation roomBasement22'5'' x 24'2''
Full bathroomMain level9'3'' x 10'11''
BedroomMain level10'5'' x 12'0''
BedroomMain level12'0'' x 13'0''
Primary BedroomMain level11'6'' x 14'11''
Dining roomMain level9'5'' x 11'7''
KitchenMain level11'7'' x 16'5''
Living roomMain level13'3'' x 23'0''

Listing Information

MLS®
10397951
Listed
August 19, 2026
Time on market
On the market for 12 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.

Description

Like the long-term owners of nearly four decades, this exceptional 12.64-acre South Canoe property offers a wonderful opportunity to create a new future for your family. The inviting main level features a functional layout with three bedrooms on the main floor, including a primary complete with a walk-in closet and cheater ensuite. Hardwood floors tie the main living spaces together, and the wood fireplace up and wood stove down create warmth and ambiance in the cooler months. Step outside your dining or kitchen area onto the private sundeck to enjoy quiet mornings with a coffee and evening sunsets. Downstairs adds two more bedrooms, a spacious rec room, some extra storage and a built-in sauna for ultimate post-day relaxation. Modern updates to the roof in 2019, furnace and hot water tank in 2024 provide total peace of mind, while a detached two-car carport makes parking and projects simple. Outdoor enthusiasts will love the immediate proximity to the South Canoe Trail network for hiking, biking and horse back riding. The surrounding land features hay fields, garden spaces, 5 varieties of apples, 4 varieties of grapes, a plum and cherry trees, a greenhouse, kids playhouse, a root cellar as well as access to the bottom of the property from the road below through a forested area. A massive barn with concrete floors stands ready for any endeavor, equipped with a rear wood shop, a mezzanine for hay or extra gear and an attached implement and wood storage. (id:63159)

Values & Trends

This listing

$485/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$426/sqft

42 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.

Nearby Schools

SchoolTypeDistance
South CanoeElementary/Middle855 m
South Broadview ElementaryElementary3.4 km
Shuswap Middle SchoolMiddle3.4 km
King's Christian School(Independent)K-123.4 km
Hillcrest ElementaryElementary3.9 km
Ranchero Elementary JuniorElementary/Middle4.1 km
Salmon Arm SecondarySecondary4.2 km
Bastion ElementaryElementary4.3 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.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($98,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$991,920.00
Periodic payment — Principal & Interest (monthly)$6,399.53
Additional monthly expenses (strata, tax, utilities, etc.)$671.17
Total monthly cost$7,070.70
Interest paid over 5-yr term$284,287.12
Balance at end of term$892,235.25

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$98,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,773.20

Cash Needed at Closing

Minimum down payment$98,990
Estimated BC PTT$22,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$123,288

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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