2850 7 Avenue NE Unit# 7
Salmon Arm, BC V1E0B7
$699,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.08 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Strata / maintenance fee
- $65/mo
- Annual property tax
- $3,921
Maintenance Fee Includes
Also included: Insurance, Other, See Remarks, Reserve Fund Contributions
Interior
- Heating
- Forced air, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
- Appliances
- Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave
Exterior & Lot
- Exterior features
- Vinyl siding
Building
- Roof
- Vinyl Shingles, Unknown
- Water source
- Municipal water
- Sewer
- Municipal sewage system
- Parcel ID (PID)
- 027-379-892
Parking
- Total spaces
- 2 — covered indicated
- Features
- Attached Garage
Restrictions & Policies
- Pets
- Restrictions apply, Allowed with restrictions
- 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
| Room | Level | Dimensions |
|---|---|---|
| Storage | Basement | 19'9'' x 15'2'' |
| Recreation room | Basement | 13'11'' x 15'1'' |
| Bedroom | Basement | 13'11'' x 15'1'' |
| 3pc Bathroom | Basement | 7'5'' x 8'2'' |
| Primary Bedroom | Main level | 17'6'' x 13'5'' |
| Living room | Main level | 16'4'' x 13'5'' |
| Kitchen | Main level | 14'8'' x 7'2'' |
| Foyer | Main level | 7'8'' x 10'2'' |
| Dining room | Main level | 12'11'' x 12'4'' |
| Bedroom | Main level | 10' x 10'9'' |
| 4pc Ensuite bath | Main level | 8'3'' x 9'3'' |
| 4pc Bathroom | Main level | 5'6'' x 8'3'' |
Listing Information
- MLS®
- 10399126
- Listed
- August 28, 2026
- Time on market
- On the market for 3 days
- Data last synced
- August 29, 2026
Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.
Description
Tucked into a quiet NE Salmon Arm neighbourhood, this bare-land strata lot offers the space and independence of a detached home without the upkeep that can come with a larger property. The layout is particularly practical, with two bedrooms, two bathrooms and laundry on the main floor, plus a third bedroom and bathroom downstairs. The main floor is complete with a cozy living room with a gas fireplace, a kitchen with a spacious island for extra work space, and access to the low maintenance backyard. There is also a large storage room downstairs with plenty of potential to become something more — a workshop, hobby room, office, media room or additional living space. A two car garage completes the property. For those looking to simplify without downsizing their life, this is a great option: low strata fees, enough bedrooms for guests or family, plenty of storage, a peaceful setting, and a transit route nearby. This a comfortable home in a small, established community. Sherwood Oaks is a 55+ strata. Bylaws allow two cats, or two dogs, or one of each. (id:63159)
Values & Trends
This listing
$351/sqft
Building average
—
No other active listings in this building
NE Salmon Arm average
$396/sqft
66 active listing(s)
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
| School | Type | Distance |
|---|---|---|
| South Broadview Elementary | Elementary | 229 m |
| King's Christian School(Independent) | K-12 | 251 m |
| Shuswap Middle School | Middle | 745 m |
| Bastion Elementary | Elementary | 749 m |
| Salmon Arm Secondary | Secondary | 955 m |
| J.L. Jackson Secondary | Secondary | 1.4 km |
| Hillcrest Elementary | Elementary | 1.5 km |
| Salmon Arm Storefront | Secondary | 2.5 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.
Nearby Places
Restaurants (2)
- Home Restaurant · 11-2801 10 Avenue Northeast396 m
- Yan’s625 m
Cafes (1)
- Tim Hortons278 m
Grocery (1)
- Askew's Foods - Uptown Salmon Arm436 m
Banks & ATMs (2)
- Unnamed313 m
- SASCU Uptown Salmon Arm466 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.4% ($44,900) — 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.