Property Type: Detached HouseOwnership: Freehold

1370 20 Avenue SE

Salmon Arm, BC V1E2C9

$1,599,000

2 bed2.5 bath1,557 sqftBuilt 1953
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
12.3 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,238.6

Interior

Basement
Partial
Heating
Forced air, In Floor Heating
Fireplace
None

Parking

Features
Additional Parking

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
Utility roomBasement7'2'' x 13'9''
StorageBasement14'2'' x 23'9''
Laundry roomMain level5' x 7'4''
Partial bathroomMain level4'8'' x 7'4''
BedroomMain level8'6'' x 10'10''
Full bathroomMain level6'6'' x 10'10''
Primary BedroomMain level13'4'' x 11'10''
SunroomMain level18'7'' x 25'2''
KitchenMain level15'8'' x 14'
Dining roomMain level9'6'' x 14'
Living roomMain level10'1'' x 13'1''

Listing Information

MLS®
10393786
Listed
July 8, 2026
Time on market
On the market for 54 days
Data last synced
August 28, 2026

Listing provided by: Homelife Salmon Arm Realty.Com · Data source: CREA DDF.

Description

Experience the best of both worlds, with this serene 12-acre property on 20th Ave SE, with a beautiful and updated 1,550 square foot rancher. This idyllic retreat backs onto crown land, offering privacy and nature right at your doorstep, is short walk to Hillcrest elementary school, just 1 km from downtown, and combines convenience with a peaceful setting. This beautiful home was fully renovated and updated in 2010, and offers approximately 1,550 square feet of open-concept living on the main floor that is open and bright and filled with natural light. Inside, you’ll find 2 bedrooms and 2 bathrooms, with an unfinished 400 sq ft basement ready for your vision. Outside, there’s ample room for hobbies and guests with a 40x24 detached shop, a guest cabin that has potential to be a 2 bedroom rental, and a spacious double garage. With City water this property also has a well so tons of water for crops, personal use or watering. This property offers a truly serene atmosphere—ideal for those seeking peace, quiet, convenience and the space for generational living. There’s a special kind of energy here you’ll feel it the moment you arrive and you will want to come back. (id:63159)

Values & Trends

This listing

$1,027/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$413/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

13°C

Humidity 91%

Wind S 2 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

7

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 ElementaryElementary910 m
Salmon Arm StorefrontSecondary1.7 km
Shuswap Middle SchoolMiddle1.8 km
J.L. Jackson SecondarySecondary2.0 km
King's Christian School(Independent)K-122.3 km
South Broadview ElementaryElementary2.5 km
Bastion ElementaryElementary2.9 km
Salmon Arm SecondarySecondary3.2 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 Park249 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($319,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,279,200.00
Periodic payment — Principal & Interest (monthly)$8,252.96
Additional monthly expenses (strata, tax, utilities, etc.)$597.88
Total monthly cost$8,850.85
Interest paid over 5-yr term$366,622.40
Balance at end of term$1,150,644.54

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$319,800
Stress test qualifying rate8.09%
Payment you must qualify for$9,836.60

Cash Needed at Closing

Minimum down payment$319,800
Estimated BC PTT$29,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$351,280

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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