Property Type: Detached HouseOwnership: Freehold

1430 Lakeshore Road NE

Salmon Arm, BC V1E2V7

$575,000

3 bed1 bath6 parking2,125 sqftBuilt 1958
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.49 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,800

Interior

Heating
Forced air, See remarks
Cooling / A/C
Window air conditioner
Fireplace
None
Flooring
Hardwood, Carpeted, Linoleum

Exterior & Lot

View
City view, Lake view, Mountain view, Valley view, View of water, View (panoramic)

Building

Roof
Metal, Unknown

Parking

Total spaces
6 — covered indicated
Features
Carport, RV, 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
Utility roomLower level7'10'' x 6'3''
WorkshopLower level10'5'' x 14'1''
OtherLower level7' x 7'
Laundry roomLower level15'2'' x 11'4''
Family roomLower level15'10'' x 24'5''
BedroomLower level11'8'' x 11'3''
BedroomMain level11'7'' x 7'7''
3pc BathroomMain level7'5'' x 7'1''
Dining roomMain level7'10'' x 11'2''
Primary BedroomMain level12'3'' x 14'11''
KitchenMain level11'7'' x 10'11''
Living roomMain level16'2'' x 19'9''

Listing Information

MLS®
10364299
Listed
September 26, 2025
Time on market
On the market for 339 days
Data last synced
August 28, 2026

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

Description

Discover your own private retreat in the heart of the Shuswap. This clean three-bedroom, one-bathroom home offers 2,125 square feet of living space on nearly half an acre along coveted Lakeshore Road. Built in 1958, the home blends timeless character with a setting that’s truly priceless. Step outside to a park-like backyard where mature landscaping and apricot, apple, pear, and plum trees provide both privacy and natural beauty. From the moment you arrive, you’ll be captivated by unobstructed lake views—million-dollar vistas that shift beautifully with the light throughout the day. Whether you’re enjoying morning coffee on the deck, hosting family gatherings, or simply taking in the peaceful surroundings, this property offers a lifestyle that feels worlds away, yet remains close to all amenities. Semi-furnished an option. Lakeshore Project Rebate goes to Purchasers. Lakeshore project is projected to up the property values. (id:63159)

Values & Trends

This listing

$271/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$398/sqft

66 active listing(s)

Parking: 6 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

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

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
Bastion ElementaryElementary751 m
J.L. Jackson SecondarySecondary843 m
Salmon Arm SecondarySecondary1.1 km
King's Christian School(Independent)K-121.6 km
South Broadview ElementaryElementary1.6 km
Shuswap Middle SchoolMiddle1.9 km
Salmon Arm StorefrontSecondary2.0 km
Hillcrest ElementaryElementary2.2 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

Restaurants (1)

  • Yan’s747 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.7% ($32,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$460,000.00
Periodic payment — Principal & Interest (monthly)$2,967.76
Additional monthly expenses (strata, tax, utilities, etc.)$422.67
Total monthly cost$3,390.43
Interest paid over 5-yr term$131,837.32
Balance at end of term$413,771.49

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$32,500
Stress test qualifying rate8.09%
Payment you must qualify for$4,171.64

Cash Needed at Closing

Minimum down payment$32,500
Estimated BC PTT$9,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,500

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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