250 Harbourfront Drive NE
Salmon Arm, BC V1E0B3
$2,895,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 1.57 acres
- Frontage
- 341 feet
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $16,733.63
Interior
- Fireplace
- None
Exterior & Lot
- Waterfront
- Other
Listing Information
- MLS®
- 10314034
- Listed
- May 15, 2024
- Time on market
- On the market for 838 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Shuswap · Data source: CREA DDF.
Description
The last of its kind. Unique opportunity for a development property in the Salmon Arm waterfront area. The new, long-awaited underpass runs adjacent to the property and allows direct vehicular and pedestrian traffic to all of downtown Salmon Arm making the downtown and waterfront areas one in the same for the first time. C-6 zoning (Tourist/Recreation Commercial) allows for many uses such as the previously approved project for a 6 story, 64 unit, mixed commercial/residential building. This is a premier development property that is fit for a landmark building. (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.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
74
8/9 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
| School | Type | Distance |
|---|---|---|
| J.L. Jackson Secondary | Secondary | 831 m |
| Salmon Arm Storefront | Secondary | 893 m |
| Bastion Elementary | Elementary | 1.9 km |
| Hillcrest Elementary | Elementary | 2.1 km |
| Salmon Arm Secondary | Secondary | 2.3 km |
| King's Christian School(Independent) | K-12 | 2.3 km |
| Shuswap Middle School | Middle | 2.3 km |
| South Broadview Elementary | Elementary | 2.4 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 (5+)
- Unnamed104 m
- Stillfood Bistro · 371 Alexander Street Northeast259 m
- Cantina Vallarta271 m
- Ambrosia Grill Taverna295 m
- White Spot452 m
Cafes (5+)
- Anvil Coffee Collective · 310 Ross Street Northeast260 m
- Night Cafe · 160 Lakeshore Drive Northeast269 m
- Tim Hortons335 m
- Unnamed372 m
- Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast435 m
Grocery (2)
- Askew's Foods216 m
- No Frills779 m
Parks (5+)
- Marine Pond148 m
- Marine Park236 m
- Ross Street Plaza280 m
- McGuire Lake Park502 m
- Hero War Memorial504 m
Shopping (1)
- Shuswap Park Mall197 m
Gyms (1)
- Cardio Connection73 m
Pharmacies (1)
- Unnamed336 m
Banks & ATMs (3)
- SASCU211 m
- CIBC297 m
- Bank Of Montreal377 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($579,000) — 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.