Property Type: Detached HouseOwnership: Freehold

1905 35 Street NE

Salmon Arm, BC V1E1M9

$1,169,900

4 bed3 bath2 parking3,384 sqftBuilt 2025
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.21 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$0

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

View
Mountain view, View (panoramic)

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Full bathroomLower level
BedroomBasement14'0'' x 15'0''
BedroomBasement13'4'' x 15'0''
Full ensuite bathroomMain level
BedroomMain level10'8'' x 10'0''
Full bathroomMain level
KitchenMain level14'8'' x 10'0''
Great roomMain level18'6'' x 16'8''
Dining roomMain level12'2'' x 13'2''
Primary BedroomMain level13'0'' x 14'0''

Listing Information

MLS®
10381019
Listed
March 27, 2026
Time on market
On the market for 157 days
Data last synced
August 28, 2026

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

Description

This is your opportunity to own a new build in Salmon Arm's Lambs Hill Subdivision! Located in a quiet, family-friendly neighborhood, this brand-new 4-bedroom, 3-bathroom rancher with walk-out basement offers the perfect combination of luxury and convenience. With 3,400 sq ft of finished living space on a 0.21-acre lot, this home features a bright, open concept layout with 11-foot ceilings in the living room and a large kitchen featuring a 9-foot island ideal for entertaining. Enjoy a 27-foot wide partially covered deck off the living room, perfect for outdoor dining or relaxing with mountain views. The walkout basement will be fully finished with 2 bedrooms and a bathroom, offering additional space for family or guests. Located just minutes from parks, schools, and grocery stores, this home is the perfect setting for modern living. (id:63159)

Values & Trends

This listing

$346/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$397/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

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.

Nearby Schools

SchoolTypeDistance
Salmon Arm SecondarySecondary608 m
Bastion ElementaryElementary998 m
South Broadview ElementaryElementary1.2 km
King's Christian School(Independent)K-121.3 km
Shuswap Middle SchoolMiddle1.9 km
J.L. Jackson SecondarySecondary2.2 km
Hillcrest ElementaryElementary2.7 km
South CanoeElementary/Middle3.1 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.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($91,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$935,920.00
Periodic payment — Principal & Interest (monthly)$6,038.24
Additional monthly expenses (strata, tax, utilities, etc.)$169.00
Total monthly cost$6,207.24
Interest paid over 5-yr term$268,237.36
Balance at end of term$841,863.07

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$91,990
Stress test qualifying rate8.09%
Payment you must qualify for$8,288.75

Cash Needed at Closing

Minimum down payment$91,990
Estimated BC PTT$21,398
Legal / closing costs (typical estimate)$1,500
Total cash needed$114,888

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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