Property Type: Detached HouseOwnership: Freehold

1360 Trans Canada Highway NE

Salmon Arm, BC V1E2S6

$790,000

3 bed3 bath10 parking2,387 sqftBuilt 1954
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Property Details

Property & Lot

Sub-type
House
Stories
3
Lot size
1.04 acres
Frontage
300 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,515.89

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Insert, Unknown
Flooring
Laminate, Ceramic Tile, Linoleum

Exterior & Lot

Exterior features
Other
View
City view, Lake view, Mountain view, View (panoramic)

Building

Roof
Metal, Unknown

Parking

Total spaces
10 — uncovered indicated
Features
Additional Parking

Restrictions & Policies

Pets
Allowed
Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
StorageSecond level3'6'' x 6'10''
Utility roomSecond level8'2'' x 8'5''
FoyerMain level6'5'' x 11'5''
StorageSecond level5'9'' x 6'5''
Dining roomSecond level5'11'' x 7'8''
Laundry roomSecond level6'2'' x 10'0''
3pc BathroomSecond level9'5'' x 4'8''
Primary BedroomSecond level11'1'' x 18'0''
3pc BathroomSecond level11'7'' x 6'
Living roomSecond level9'11'' x 14'2''
KitchenSecond level21' x 14'9''
LoftThird level31'7'' x 8'9''
FoyerMain level6' x 5'8''
Dining roomMain level5'8'' x 8'11''
4pc BathroomMain level4'11'' x 7'4''
BedroomMain level10' x 10'11''
Primary BedroomMain level10'11'' x 13'3''
Living roomMain level18'11'' x 14'1''
KitchenMain level12'10'' x 14'1''

Listing Information

MLS®
10383375
Listed
April 20, 2026
Time on market
On the market for 133 days
Data last synced
August 28, 2026

Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.

Description

Experience the perfect blend of modern convenience and breathtaking natural beauty in this smartly renovated 2,387 square foot 3 story home. Situated on a private 1.04-acre lot, this property offers sweeping, unobstructed lake views while maintaining the accessibility of an in-town location. The main residence is finished to a high standard, offering a spacious, open-concept layout ideal for entertaining. Features include a fully self-contained basement suite, providing excellent versatility for extended family or as a mortgage helper. The exterior is equally impressive with scenic, fully serviced RV site on over an acre, with an amazing lake, city and mountain view. Enjoy living in the heart of Salmon Arm, BC, with close proximity to downtown amenities and McGuire Lake, Salmon Arm's most beautiful park. This unique opportunity combines lifestyle and income potential. Schedule your private tour today. (id:63159)

Values & Trends

This listing

$331/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$397/sqft

66 active listing(s)

Parking: 10 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

15

4/9 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
J.L. Jackson SecondarySecondary196 m
Bastion ElementaryElementary1.1 km
King's Christian School(Independent)K-121.3 km
Shuswap Middle SchoolMiddle1.3 km
Salmon Arm StorefrontSecondary1.3 km
Hillcrest ElementaryElementary1.4 km
South Broadview ElementaryElementary1.4 km
Salmon Arm SecondarySecondary1.6 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 (1)

  • Yan’s781 m

Cafes (1)

  • Tim Hortons735 m

Parks (2)

  • McGuire Lake Park513 m
  • Fletcher's Park790 m

Pharmacies (1)

  • Unnamed684 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 6.8% ($54,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$632,000.00
Periodic payment — Principal & Interest (monthly)$4,077.45
Additional monthly expenses (strata, tax, utilities, etc.)$495.32
Total monthly cost$4,572.77
Interest paid over 5-yr term$181,133.02
Balance at end of term$568,486.04

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$54,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,659.58

Cash Needed at Closing

Minimum down payment$54,000
Estimated BC PTT$13,800
Legal / closing costs (typical estimate)$1,500
Total cash needed$69,300

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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