Property Type: Detached HouseOwnership: Freehold

2455 5TH Avenue NE

Salmon Arm, BC V1E1Y9

$599,900

4 bed3.5 bath2 parking2,776 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.11 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$360/mo
Annual property tax
$3,470

Interior

Heating
Forced air
Cooling / A/C
Central air conditioning
Fireplace
None
Flooring
Tile, Carpeted, Vinyl, Wood

Exterior & Lot

Exterior features
Brick, Stucco

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Restrictions & Policies

Pets
Restrictions apply
Age / occupancy
Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
3pc BathroomBasement6'9'' x 7'4''
WorkshopBasement14' x 11'9''
OtherBasement23' x 14'9''
Family roomBasement15'6'' x 15'10''
DenBasement12' x 10'
BedroomBasement10' x 9'10''
Laundry roomMain level7'2'' x 7'1''
BedroomMain level10' x 10'7''
BedroomMain level9' x 11'2''
3pc BathroomMain level7'3'' x 4'10''
3pc Ensuite bathMain level6' x 7'
Primary BedroomMain level11'10'' x 13'6''
Living roomMain level13' x 14'8''
Dining roomMain level9' x 16'
KitchenMain level14' x 14'

Listing Information

MLS®
10364513
Listed
October 2, 2025
Time on market
On the market for 333 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

This beautiful spacious accommodation boast 4 generous bedrooms and 3 full bathrooms, ensuring ample space for residents and extended family or guest. Ultimate relaxation and accessibility with a modern walk-in shower and a deluxe walk-in tub installed in 2024 for safety and comfort. This 55+ home offers both comfort and modern updates, making it ideal for relaxed living. The kitchen features elegant granite countertops, a wine fridge and bar sink, a new refrigerator with ice maker, and a convenient pantry for storage. A bright sunroom off the kitchen creates the perfect space for morning coffee or afternoon relaxation. There is a workshop and separate office, idea for hobbies, projects, or working from home. A new hot water tank was added in 2025 for peace of mind. With thoughtful upgrades throughout, this home blends style, function, and ease of living in a welcome setting. This end unit provides extra privacy and light, offering a vibrant, worry-free lifestyle where you can truly relax and enjoy your retirement or semi -retirement as only one buyer needs to be 55 others can be younger. (id:63159)

Values & Trends

This listing

$216/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

30

4/9 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
King's Christian School(Independent)K-12520 m
South Broadview ElementaryElementary573 m
Bastion ElementaryElementary621 m
Shuswap Middle SchoolMiddle833 m
Salmon Arm SecondarySecondary970 m
J.L. Jackson SecondarySecondary1.0 km
Hillcrest ElementaryElementary1.4 km
Salmon Arm StorefrontSecondary2.2 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’s328 m
  • Home Restaurant · 11-2801 10 Avenue Northeast469 m

Cafes (1)

  • Tim Hortons478 m

Grocery (1)

  • Askew's Foods - Uptown Salmon Arm437 m

Banks & ATMs (2)

  • SASCU Uptown Salmon Arm394 m
  • Unnamed519 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,920.00
Periodic payment — Principal & Interest (monthly)$3,096.28
Additional monthly expenses (strata, tax, utilities, etc.)$788.17
Total monthly cost$3,884.45
Interest paid over 5-yr term$137,546.45
Balance at end of term$431,689.59

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,343.96

Cash Needed at Closing

Minimum down payment$34,990
Estimated BC PTT$9,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,488

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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