2800 20 Avenue NE
Salmon Arm, BC V1E4R5
$3,500,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 4.32 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $7,272
Interior
- Fireplace
- None
Exterior & Lot
- View
- Mountain view
Listing Information
- MLS®
- 10368820
- Listed
- November 7, 2025
- Time on market
- On the market for 297 days
- Data last synced
- August 28, 2026
Listing provided by: Homelife Salmon Arm Realty.Com · Data source: CREA DDF.
Description
DEVELOPERS ALERT!!! Prime 4.32 acre property. Property is zoned R14 matching the official community plan as medium density residential with potential for residential development, R14 allows 16 units per acre potential for a total of 69 homes. With new Government housing and zoning rules and incentives to create more housing, this property has loads of opportunity. All city services available. This property will have very low offsite costs and cost effective access to services. This is truly one of the nicest areas in Salmon Arm and surrounded by all the amenities. The property is mostly flat and ideal to build on. Salmon Arm is one of the fastest growing communities in BC. Give me a call for a look or more details before it's gone. (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
15
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
| School | Type | Distance |
|---|---|---|
| Salmon Arm Secondary | Secondary | 103 m |
| Bastion Elementary | Elementary | 541 m |
| South Broadview Elementary | Elementary | 1.1 km |
| King's Christian School(Independent) | K-12 | 1.3 km |
| J.L. Jackson Secondary | Secondary | 1.7 km |
| Shuswap Middle School | Middle | 1.8 km |
| Hillcrest Elementary | Elementary | 2.5 km |
| Salmon Arm Storefront | Secondary | 3.0 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 (1)
- Home Restaurant · 11-2801 10 Avenue Northeast638 m
Cafes (1)
- Tim Hortons757 m
Grocery (1)
- Askew's Foods - Uptown Salmon Arm635 m
Banks & ATMs (2)
- SASCU Uptown Salmon Arm670 m
- Unnamed730 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($700,000) — 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.