2230 CANOE BEACH Drive NE Lot# 3
Salmon Arm, BC V1E1K0
$999,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 18.6 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $3,575
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10382064
- Listed
- April 9, 2026
- Time on market
- On the market for 144 days
- Data last synced
- August 28, 2026
Listing provided by: LandQuest Realty Corp. (Interior) · Data source: CREA DDF.
Description
Scenic lakeview acreage just steps above Captains Cove Marina in Salmon Arm, overlooking Shuswap Lake. This diverse 18.6-acre property is divided by 72nd Avenue and Canoe Beach Drive NE into three distinct sections, each offering unique character and multiple building sites. Power is available along Canoe Beach Drive and runs through the property toward 72nd Avenue for convenient connection. Current zoning does not permit subdivision, though rezoning may be worth exploring. The Ministry of Transportation and Infrastructure has generally supported subdivisions where parcels are “hooked.” See maps and aerial images for layout. The lower section (approx. 4.3 acres) below 72nd Avenue is mostly forested, with two driveway access points leading to a flat, cleared bench with lake views—an excellent building site. The middle section (approx. 5.9 acres) between the roads offers two building options on cleared benches with lake views, both accessed from 72nd Avenue. Power runs through this portion near a prime site. The upper section (just under 9 acres) above Canoe Beach Drive is fully forested. Easement access via a neighboring property leads to a desirable bench—potentially the best building site—with an additional elevated bench above. Zoning allows a single-family home with accessory suite, plus uses such as a bed and breakfast, childcare facility, kennel, or agriculture—offering flexibility for a home and business setup. (id:63159)
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 |
|---|---|---|
| Shuswap SDA(Independent) | Elementary/Middle | 1.2 km |
| North Canoe Elementary | Elementary | 2.2 km |
| Salmon Arm Secondary | Secondary | 4.4 km |
| Bastion Elementary | Elementary | 4.7 km |
| South Broadview Elementary | Elementary | 5.4 km |
| J.L. Jackson Secondary | Secondary | 5.5 km |
| King's Christian School(Independent) | K-12 | 5.5 km |
| Shuswap Middle School | Middle | 6.1 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($74,900) — 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.