Property Type: Condo / ApartmentOwnership: Strata

131 Harbourfront Drive NE Unit# 503

Salmon Arm, BC V1E0G4

$949,000

3 bed2 bath2 parking1,890 sqftBuilt 2020
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$498/mo
Annual property tax
$4,974

Maintenance Fee Includes

WaterGarbageManagement

Also included: Ground Maintenance, Insurance, Other, See Remarks, Sewer

Interior

Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown

Exterior & Lot

View
City view, Lake view, Mountain view, View (panoramic)

Parking

Total spaces
2 — covered indicated
Features
Underground, Parkade, Heated Garage

Restrictions & Policies

Pets
Allowed

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

Room Dimensions

RoomLevelDimensions
FoyerMain level10'6'' x 6'10''
Laundry roomMain level9'2'' x 5'5''
4pc BathroomMain level5'9'' x 10'6''
BedroomMain level14'11'' x 9'6''
BedroomMain level11'3'' x 9'9''
5pc Ensuite bathMain level
Primary BedroomMain level14'9'' x 19'5''
Dining roomMain level6'7'' x 11'1''
Living roomMain level21'9'' x 15'8''
KitchenMain level15'3'' x 13'5''

Listing Information

MLS®
10388263
Listed
May 20, 2026
Time on market
On the market for 103 days
Data last synced
August 28, 2026

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

Description

Experience Luxury lake view condo living in the heart of Salmon Arm with this stunning lakeview condo. Located on the 5th floor, this spacious 1,890 sq. ft. unit offers breathtaking views of Shuswap Lake and Bastion Mountain. The gourmet kitchen boasts a large island, quartz countertops, two-tone cabinetry, and top-of-the-line appliances. The living room features expansive windows and direct access to the deck, perfect for soaking in the panoramic scenery. The primary suite is a true retreat, complete with a walk-in closet and a spa-like ensuite featuring a curb less shower, a luxurious soaker tub, double sinks, heated floors, and a private water closet. A second bedroom and bathroom are thoughtfully positioned away from the main living area for added privacy. The laundry room is fully equipped with a sink and upgraded washer and dryer. The third bedroom/den, offers deck access and views of Mt. Ida, and adds a versatile space to this already impressive home. Situated within walking distance to shopping and amenities, this condo is steps away from the foreshore trail, wharf, and boat launch. This unit comes with two parking stalls—one in a secure, heated underground garage and an additional outdoor spot. Enjoy the perfect blend of luxury, convenience, and natural beauty in this exceptional lakeview condo. (id:63159)

Values & Trends

This listing

$502/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$327/sqft

5 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

74

8/9 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 StorefrontSecondary879 m
J.L. Jackson SecondarySecondary922 m
Bastion ElementaryElementary2.0 km
Hillcrest ElementaryElementary2.2 km
Salmon Arm SecondarySecondary2.4 km
King's Christian School(Independent)K-122.4 km
Shuswap Middle SchoolMiddle2.4 km
South Broadview ElementaryElementary2.5 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

Restaurants (5+)

  • Unnamed147 m
  • Stillfood Bistro · 371 Alexander Street Northeast266 m
  • Ambrosia Grill Taverna311 m
  • Cantina Vallarta326 m
  • White Spot453 m

Cafes (5+)

  • Night Cafe · 160 Lakeshore Drive Northeast262 m
  • Anvil Coffee Collective · 310 Ross Street Northeast312 m
  • Unnamed367 m
  • Tim Hortons410 m
  • Blue Canoe Bakery and Cafe433 m

Grocery (2)

  • Askew's Foods206 m
  • No Frills725 m

Parks (5+)

  • Marine Pond183 m
  • Marine Park267 m
  • Ross Street Plaza320 m
  • Naturalist Park493 m
  • Hero War Memorial537 m

Shopping (3)

  • Shuswap Park Mall193 m
  • Hudson's Bay758 m
  • Centenoka Park Mall · 360 Trans-Canada Highway769 m

Gyms (1)

  • Cardio Connection163 m

Pharmacies (1)

  • Unnamed423 m

Banks & ATMs (4)

  • SASCU280 m
  • CIBC325 m
  • Bank Of Montreal408 m
  • HoneyBadger Bitcoin ATM769 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

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Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$1,007.50
Total monthly cost$5,905.60
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

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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