Property Type: Detached HouseOwnership: Freehold

1441 20 Avenue SE Unit# 1

Salmon Arm, BC V1E2M9

$879,000

5 bed5 full, 2 half bath4 parking3,002 sqftBuilt 2021
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.13 acres
Frontage
70 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$70/mo
Annual property tax
$4,816

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Laminate, Carpeted, Vinyl

Exterior & Lot

Exterior features
Stone, Other
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Allowed, Allowed with restrictions

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

Room Dimensions

RoomLevelDimensions
1pc BathroomSecond level5'5'' x 5'5''
OtherMain level20'6'' x 20'2''
Family roomBasement19'3'' x 12'7''
KitchenBasement10'3'' x 8'7''
BedroomBasement9'9'' x 12'6''
4pc BathroomBasement4'11'' x 8'5''
BedroomBasement11'4'' x 13'6''
4pc BathroomSecond level5'5'' x 16'5''
Laundry roomSecond level7'4'' x 5'5''
BedroomSecond level11'11'' x 11'4''
BedroomSecond level9'5'' x 11'9''
5pc Ensuite bathSecond level11'0'' x 9'1''
Primary BedroomSecond level15'11'' x 17'1''
DenMain level11'2'' x 8'6''
FoyerMain level15'3'' x 9'2''
2pc BathroomMain level8'3'' x 4'11''
Living roomMain level15'11'' x 22'1''
KitchenMain level15'11'' x 13'2''

Listing Information

MLS®
10362251
Listed
September 9, 2025
Time on market
On the market for 356 days
Data last synced
August 28, 2026

Listing provided by: Rival Realty Inc. · Data source: CREA DDF.

Description

This exquisitely crafted residence is nestled in the quiet community of Raspberry Ridge. Finished with only the highest-quality materials with premium features that are consistently found throughout the main home, such as wooden cabinetry, quartz countertops, undermount sinks, tiled walls and recessed lighting. Natural daylight pours into your spacious open concept living area, while a gas fireplace offers a cozy place to curl up at night. The kitchen features a walk-in pantry, slide in range, oversized fridge and in-cabinet fan. Your eat-up island is perfect for serving a quick meal or doubling as a workstation with stunning pendant lights above. There is no shortage of storage in your ceiling-height cabinetry complimented with undermount lighting. Downstairs you'll find a 4th bedroom PLUS a legal, one-bedroom mortgage helper! The top floor is the perfect layout with 3 pc laundry room, 3 bedrooms and 3 washrooms! Glass railings frame the corridor to your dream primary suite- outfitted with a huge walk in closet. Your backyard is fully fenced with bonus side-yards and a covered patio for lounging while you enjoy the sights and sounds of the natural landscape that surrounds this complex. Complete with a heated double garage and the peace of mind of new home warranty, while walking distance to schools and parks, this is the home you've been waiting for. (id:63159)

Values & Trends

This listing

$293/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$431/sqft

42 active listing(s)

Parking: 4 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

11

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 ElementaryElementary822 m
Shuswap Middle SchoolMiddle1.7 km
Salmon Arm StorefrontSecondary1.8 km
J.L. Jackson SecondarySecondary2.0 km
King's Christian School(Independent)K-122.2 km
South Broadview ElementaryElementary2.4 km
Bastion ElementaryElementary2.8 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 Park150 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($62,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$703,200.00
Periodic payment — Principal & Interest (monthly)$4,536.81
Additional monthly expenses (strata, tax, utilities, etc.)$621.33
Total monthly cost$5,158.14
Interest paid over 5-yr term$201,539.14
Balance at end of term$632,530.67

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$62,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,275.52

Cash Needed at Closing

Minimum down payment$62,900
Estimated BC PTT$15,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$79,980

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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