Property Type: Detached HouseOwnership: Freehold

1581 20 Street NE Unit# 2

Salmon Arm, BC V1E0A7

$1,199,900

5 bed4 bath2 parking4,507 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
House
Style
Ranch
Stories
3
Lot size
0.17 acres
Frontage
74 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$67/mo
Annual property tax
$6,491.66

Maintenance Fee Includes

Management

Also included: Insurance, Other, See Remarks, Reserve Fund Contributions

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning, Heat Pump
Fireplace
Yes (3)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood, Carpeted

Exterior & Lot

Exterior features
Other
View
Lake view, Mountain view, View (panoramic)
Lot features
Jacuzzi bath-tub
Fencing
Fence

Building

Roof
Asphalt shingle, Unknown
Water source
Municipal water
Sewer
Municipal sewage system
Parcel ID (PID)
026-777-258

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Dining roomBasement13'11'' x 11'1''
Family roomBasement18'2'' x 20'8''
BedroomBasement12'0'' x 10'11''
4pc BathroomBasement9'8'' x 6'1''
Utility roomSecond level18'0'' x 23'6''
Recreation roomSecond level20'5'' x 22'5''
Great roomSecond level22'6'' x 23'3''
BedroomSecond level11'0'' x 12'2''
BedroomSecond level11'2'' x 11'10''
OtherSecond level18'7'' x 9'11''
3pc BathroomSecond level9'3'' x 4'11''
OtherMain level7'1'' x 8'2''
Primary BedroomMain level15'1'' x 11'5''
Living roomMain level18'10'' x 17'6''
Laundry roomMain level7'9'' x 7'0''
KitchenMain level8'6'' x 15'1''
FoyerMain level14'2'' x 10'2''
Dining roomMain level9'10'' x 13'3''
BedroomMain level12'5'' x 10'8''
5pc Ensuite bathMain level15'1'' x 8'2''
4pc BathroomMain level6'7'' x 9'5''

Listing Information

MLS®
10388836
Listed
May 29, 2026
Time on market
On the market for 94 days
Data last synced
September 1, 2026

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

Description

EXPERIENCE LUXURY LIVING in the highly desirable Willow Cove development with this former show home offering breathtaking views of Shuswap Lake and Fly Hills. With over 4,700 sq. ft. of beautifully maintained living space, this impressive five-bedroom, four-bathroom home combines elegance, comfort, and functionality. Designed to capture the incredible lake views from almost every room, the main floor features an open concept kitchen, living, and dining area that flows seamlessly onto a spacious outdoor patio—perfect for entertaining or simply relaxing while taking in the scenery. Three natural gas fireplaces, one on each level, create a warm and inviting atmosphere throughout the home. The second level offers a fantastic wet bar and games area along with two additional bedrooms and access to more outdoor living space. The lower level walks out onto another patio and is ideally suited for in-law or guest accommodations, providing flexibility for extended family, friends or visitors. Outdoor living is truly exceptional with four generous decks and patios designed to maximize the stunning surroundings. Additional features include central A/C, heat pump, double garage, and meticulous upkeep that reflects pride of ownership throughout. Located close to schools, shopping, walking trails, and downtown amenities, this exceptional lakeview home offers the perfect blend of lifestyle, design, space, and location. (id:63159)

Values & Trends

This listing

$266/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$398/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 ElementaryElementary359 m
Salmon Arm SecondarySecondary583 m
J.L. Jackson SecondarySecondary1.2 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’s609 m
  • Home Restaurant · 11-2801 10 Avenue Northeast767 m

Grocery (1)

  • Askew's Foods - Uptown Salmon Arm690 m

Banks & ATMs (1)

  • SASCU Uptown Salmon Arm635 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($94,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$959,920.00
Periodic payment — Principal & Interest (monthly)$6,193.08
Additional monthly expenses (strata, tax, utilities, etc.)$832.64
Total monthly cost$7,025.72
Interest paid over 5-yr term$275,115.83
Balance at end of term$863,451.14

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$94,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,496.37

Cash Needed at Closing

Minimum down payment$94,990
Estimated BC PTT$21,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$118,488

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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