Property Type: Detached HouseOwnership: Freehold

1221 23 Street SE

Salmon Arm, BC V1E0C7

$1,365,000

4 bed3 bath2 parking4,407 sqftBuilt 2017
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.24 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,434.89

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (2)
Fireplace type
Insert
Flooring
Tile, Hardwood, Carpeted, Vinyl

Exterior & Lot

Exterior features
Brick, Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Living roomSecondary Dwelling Unit19'8'' x 11'6''
KitchenSecondary Dwelling Unit10'2'' x 9'1''
BedroomSecondary Dwelling Unit10'0'' x 11'4''
Full bathroomSecondary Dwelling Unit10'0'' x 4'11''
Partial bathroomSecondary Dwelling Unit2'11'' x 6'2''
OtherMain level32'7'' x 18'6''
Utility roomBasement15'1'' x 5'10''
StorageBasement10'0'' x 7'8''
Recreation roomBasement41'6'' x 20'7''
Family roomBasement19'11'' x 15'4''
BedroomBasement12'10'' x 11'0''
BedroomBasement12'11'' x 13'10''
4pc BathroomBasement9'1'' x 4'11''
OtherMain level7'5'' x 11'1''
Primary BedroomMain level16'7'' x 14'9''
PantryMain level6'2'' x 9'11''
Mud roomMain level10'0'' x 8'6''
Living roomMain level20'8'' x 14'0''
Laundry roomMain level5'9'' x 9'11''
KitchenMain level20'8'' x 14'8''
FoyerMain level7'5'' x 9'2''
Dining roomMain level20'8'' x 8'3''
BedroomMain level13'3'' x 11'0''
4pc Ensuite bathMain level8'3'' x 11'1''
Full bathroomMain level6'2'' x 9'4''

Listing Information

MLS®
10376279
Listed
February 26, 2026
Time on market
On the market for 186 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

WELCOME TO THIS BEAUTIFULLY FINISHED LEVEL-ENTRY SEMI-CUSTOM HOME with walkout basement, perfectly designed for comfortable family living. The main floor showcases a bright open-concept kitchen, dining, & living area centered around a cozy gas fireplace. The chef-inspired kitchen features a large island, generous cabinetry, and spacious walk-in pantry - ideal for both everyday living & entertaining. Convenient main-floor laundry adds to the thoughtful layout. Step directly from the dining area onto a spacious deck. Designed for year-round enjoyment, the deck offers two separate covered areas - perfectly set up for your hot tub retreat and barbecuing/relaxing with family and friends. 4 bedrms/3 baths, provides ample space for growing families. The walkout basement expands your living area with a large rec room, lots of storage, and direct access to a covered patio. Situated on a quarter-acre lot backing onto Hillcrest School & field, the property offers privacy, and easy access to outdoor recreation. The extra-large garage has room for vehicles, toys, and additional storage. Adding incredible value is the detached carriage house, featuring a 500 sq ft shop complete with 2pc bath. Above, is a 624 sq ft 1 bedrm legal suite with laundry - perfect for extended family, guests, or rental income. This is a rare opportunity to own a beautifully finished & thoughtfully designed home with income potential, workshop space, & prime location. A must-see property that truly has it all! (id:63159)

Values & Trends

This listing

$310/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$430/sqft

42 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

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
Hillcrest ElementaryElementary147 m
Shuswap Middle SchoolMiddle832 m
King's Christian School(Independent)K-121.3 km
South Broadview ElementaryElementary1.5 km
J.L. Jackson SecondarySecondary1.6 km
Salmon Arm StorefrontSecondary2.0 km
Bastion ElementaryElementary2.1 km
Salmon Arm SecondarySecondary2.4 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 Park755 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($111,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,092,000.00
Periodic payment — Principal & Interest (monthly)$7,045.21
Additional monthly expenses (strata, tax, utilities, etc.)$839.57
Total monthly cost$7,884.79
Interest paid over 5-yr term$312,970.34
Balance at end of term$982,257.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$111,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,638.98

Cash Needed at Closing

Minimum down payment$111,500
Estimated BC PTT$25,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$138,300

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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