Property Type: Detached HouseOwnership: Freehold

2740 Simms Place

Kamloops, BC V0E2A0

$1,399,000

3 bed2 bath2 parking2,300 sqftBuilt 1993
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
4.95 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$7,285.73

Interior

Basement
Full
Heating
Forced air, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Vinyl siding
View
Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
Recreation roomBasement14'9'' x 29'10''
BedroomMain level9'9'' x 9'9''
BedroomMain level9'1'' x 11'
4pc BathroomMain level
3pc Ensuite bathMain level
Primary BedroomMain level12'2'' x 13'8''
FoyerMain level8'3'' x 10'
Family roomMain level14'5'' x 19'3''
Living roomMain level11'10'' x 18'4''
Dining roomMain level13'6'' x 14'8''
KitchenMain level10'11'' x 15'4''

Listing Information

MLS®
10380575
Listed
March 24, 2026
Time on market
On the market for 160 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kamloops) · Data source: CREA DDF.

Description

If you’ve been searching for space, privacy, and a home that’s already been beautifully updated, this is it. Set on just under 5 acres within Kamloops city limits, this property offers a peaceful setting without sacrificing convenience. The main floor has been completely refreshed with a bright, modern kitchen, quartz countertops, a large island, and engineered wood flooring throughout. With 3 bedrooms and 2 full bathrooms on the main floor, it’s move-in ready for family living. Downstairs, the partially finished basement offers room to grow, with enough space for 2 additional bdrms, a rec room, plenty of storage space & the rough-in is already in place for a third bathroom. Step outside and enjoy the lifestyle this property offers with a spacious 24'x 36' barn, which could be converted to a detached shop if preferred. The property is currently fenced and x-fenced for horses with nicely maintained paddocks, loafing shed, hay storage and plenty of open pasture to ride, roam, or simply unwind. Water is no problem here with city water supply, paved road access, and safe cul de sac location for the kids & pets. Country Residential Zoning (CR2) allows for an additional dwelling so either a secondary suite inside the principal dwelling or carriage suite above a detached garage or a garden suite (detached ground level dwelling). Restrictions apply so Buyer to verify & confirm any details with the City of Kamloops Planning Dept). The possibilities here are wide open. A rare chance to enjoy acreage living just minutes from the heart of Kamloops. (id:63159)

Values & Trends

This listing

$608/sqft

Building average

No other active listings in this building

Knutsford-Lac Le Jeune average

$437/sqft

6 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

Mostly Cloudy

22°C

Mostly Cloudy

Humidity 48%

Wind ESE 20 km/h

Tonight

13°

Tuesday

28°

Tuesday night

16°

Wednesday

25°

Wednesday night

15°

Thursday

23°

Source: Environment and Climate Change Canada.

Population

97,902

(2021 Census)

+8.4% since 2016

Density: 328.6/km²

Dwellings: 41,619

Median household income: $88,000

After-tax: $78,000

Immigrant population: 9.9%

Top countries of origin (% of total population)

  • United Kingdom1.5% · 1,425
  • India1.3% · 1,240
  • United States of America0.8% · 790
  • Philippines0.8% · 750
  • Germany0.6% · 555
  • Italy0.5% · 535
  • China0.3% · 320
  • South Africa, Republic of0.3% · 250

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
McGowan Park ElementaryElementary3.7 km
Aberdeen ElementaryElementary4.5 km
South Sa-Hali ElementaryElementary4.6 km
Summit ElementaryElementary4.7 km
Kamloops School of the ArtsK-124.9 km
Pacific Way ElementaryElementary5.0 km
South Kamloops SecondarySecondary5.1 km
Ecole Lloyd George ElementaryElementary5.5 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: Kamloops-Thompson (SD73)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,119,200.00
Periodic payment — Principal & Interest (monthly)$7,220.70
Additional monthly expenses (strata, tax, utilities, etc.)$722.14
Total monthly cost$7,942.84
Interest paid over 5-yr term$320,765.94
Balance at end of term$1,006,724.02

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,900
Stress test qualifying rate8.09%
Payment you must qualify for$9,874.28

Cash Needed at Closing

Minimum down payment$114,900
Estimated BC PTT$25,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$142,380

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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