Property Type: Detached HouseOwnership: Freehold

1581 20 Street NE Unit# 1

Salmon Arm, BC V1E0A7

$1,225,000

3 bed3 bath2 parking3,414 sqftBuilt 2016
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.15 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$67/mo
Annual property tax
$5,947.45

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Electric, Unknown
Flooring
Tile, Hardwood, Laminate

Exterior & Lot

View
Lake view, Mountain view, View (panoramic)

Building

Foundation
Insulated Concrete Forms
Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement7'2'' x 3'7''
StorageBasement23'2'' x 11'11''
Recreation roomBasement36'8'' x 25'8''
GymBasement11'7'' x 12'2''
BedroomBasement11'4'' x 12'1''
OtherBasement11'4'' x 5'4''
3pc BathroomBasement6' x 8'6''
OtherMain level13'1'' x 4'9''
Primary BedroomMain level23'7'' x 12'3''
BedroomMain level12'5'' x 11'2''
Living roomMain level21'6'' x 30'
Laundry roomMain level11'8'' x 5'8''
KitchenMain level15'2'' x 14'3''
OtherMain level23' x 27'9''
Dining roomMain level9'6'' x 6'4''
4pc Ensuite bathMain level10'7'' x 10'9''
4pc BathroomMain level8'10'' x 4'11''

Listing Information

MLS®
10390045
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

WELCOME TO WILLOW COVE - quality craftsmanship, thoughtful design, privacy come together in this beautifully finished custom home. The moment you arrive, the attention to detail is evident throughout. Designed for easy living, this level-entry home with a fully finished walkout basement offers an open and inviting floor plan highlighted by high ceilings, engineered beams strategically incorporated to maximize the view and natural light. The dream kitchen is the heart of the home, featuring Cambria quartz countertops, a 9.5-foot island, quality stainless appliances, and plenty of space for entertaining family & friends. The spacious primary bedroom serves as a private retreat, with access to a covered deck where you can relax and enjoy the peaceful surroundings. A second covered deck off the kitchen includes a gas BBQ hookup & offers a lake view, making outdoor dining a pleasure. The main level is further enhanced with elegant crown moulding, a grand floor to ceiling gas fireplace, and a versatile den/2nd bedroom featuring a built-in Murphy bed, perfect for guests or home office. The walkout basement provides a large family room with an electric fireplace creating a warm & welcoming space. An exercise room could easily become a 4th bedroom. With an ICF foundation, this home combines energy efficiency & lasting quality. Outside, a private front sitting area provides the perfect spot to enjoy your morning coffee. This impressive custom home is ready to exceed your expectations. (id:63159)

Values & Trends

This listing

$359/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$396/sqft

66 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

11

3/9 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 ElementaryElementary356 m
Salmon Arm SecondarySecondary602 m
J.L. Jackson SecondarySecondary1.1 km
South Broadview ElementaryElementary1.3 km
King's Christian School(Independent)K-121.3 km
Shuswap Middle SchoolMiddle1.7 km
Hillcrest ElementaryElementary2.3 km
Salmon Arm StorefrontSecondary2.4 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 (2)

  • Yan’s589 m
  • Home Restaurant · 11-2801 10 Avenue Northeast765 m

Grocery (1)

  • Askew's Foods - Uptown Salmon Arm686 m

Banks & ATMs (1)

  • SASCU Uptown Salmon Arm628 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($97,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$980,000.00
Periodic payment — Principal & Interest (monthly)$6,322.63
Additional monthly expenses (strata, tax, utilities, etc.)$733.29
Total monthly cost$7,055.92
Interest paid over 5-yr term$280,870.82
Balance at end of term$881,513.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$97,500
Stress test qualifying rate8.09%
Payment you must qualify for$8,670.08

Cash Needed at Closing

Minimum down payment$97,500
Estimated BC PTT$22,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$121,500

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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