1961 16 Street NE
Salmon Arm, BC V1E3Z8
$859,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 1
- Lot size
- 0.27 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,215.46
Interior
- Basement
- Full
- Heating
- Forced air, Electric, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
Exterior & Lot
- Exterior features
- Stucco
- Pool
- Inground pool
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 2 — covered indicated
- Features
- Attached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 12'5'' x 15' |
| Kitchen | Additional Accommodation | 7'11'' x 9'3'' |
| 3pc Bathroom | Basement | 7'11'' x 12'6'' |
| 3pc Ensuite bath | Basement | 4'3'' x 8'10'' |
| Bedroom | Additional Accommodation | 9'8'' x 11' |
| Primary Bedroom | Additional Accommodation | 10'11'' x 9'10'' |
| Family room | Basement | 14'2'' x 18'6'' |
| Laundry room | Main level | 13' x 8' |
| Bedroom | Main level | 9'1'' x 9'8'' |
| Bedroom | Main level | 9'8'' x 13'7'' |
| Full bathroom | Main level | — |
| 4pc Ensuite bath | Main level | 4'7'' x 7' |
| Primary Bedroom | Main level | 13'1'' x 13'3'' |
| Living room | Main level | 15'3'' x 19'6'' |
| Dining room | Main level | 13'5'' x 12'9'' |
| Kitchen | Main level | 15' x 13' |
Listing Information
- MLS®
- 10395440
- Listed
- July 25, 2026
- Time on market
- On the market for 38 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Shuswap · Data source: CREA DDF.
Description
POOL • LAKEVIEW • LARGE LOT! This spacious 5-bedroom, 4-bathroom rancher with a full basement is located in Salmon Arm's desirable NE quadrant and sits on a generous 0.27-acre lot. The bright, open-concept main floor features a beautifully appointed kitchen with granite countertops, a large island with breakfast bar, double wall ovens, countertop stove, wine fridge, abundant counter space, and direct access to the expansive deck with newer vinyl flooring and glass railings—perfect for entertaining while enjoying the lake views. The dining room easily accommodates large family gatherings and opens through French doors to the spacious living room, complete with a cozy gas fireplace. The main floor also offers a generous primary bedroom with a walk-in closet and 3-piece ensuite, two additional bedrooms, a full bathroom, and a large laundry room for added convenience. Downstairs provides exceptional flexibility with a large family room, two additional bedrooms, two bathrooms, and a second kitchen, making it ideal for an in-law suite, extended family, or guests. If its a pool you are looking for to enjoy these hot days then this is the place for you, fenced for security this 19 x 12 inground pool, with the deepest portion 4' has plenty of deck space to enjoy the lazy hazy days of Summer. (id:63159)
Values & Trends
This listing
$270/sqft
Building average
—
No other active listings in this building
NE Salmon Arm average
$398/sqft
66 active listing(s)
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Bastion Elementary | Elementary | 768 m |
| Salmon Arm Secondary | Secondary | 918 m |
| J.L. Jackson Secondary | Secondary | 1.2 km |
| South Broadview Elementary | Elementary | 1.7 km |
| King's Christian School(Independent) | K-12 | 1.7 km |
| Shuswap Middle School | Middle | 2.1 km |
| Salmon Arm Storefront | Secondary | 2.4 km |
| Hillcrest Elementary | Elementary | 2.5 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($60,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.