Property Type: OtherOwnership: Freehold

2990 50 Street NW

Salmon Arm, BC V1E4M2

$1,679,000

3 bed3 full, 2 half bath10 parking2,087 sqftBuilt 1998
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Property Details

Property & Lot

Sub-type
Other
Stories
3
Lot size
21.6 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$3,541

Interior

Basement
Full
Heating
Stove, Forced air, See remarks, Wood
Cooling / A/C
Window air conditioner, See Remarks
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Tile, Hardwood

Exterior & Lot

View
Lake view, Mountain view, Valley view, View of water, View (panoramic)

Building

Roof
Metal, Unknown

Parking

Total spaces
10 — uncovered indicated
Features
Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomSecond level9'8'' x 11'4''
4pc BathroomSecond level10'0'' x 11'4''
2pc Ensuite bathSecond level7'4'' x 11'9''
Primary BedroomSecond level15'0'' x 23'2''
BedroomMain level11'2'' x 11'4''
2pc BathroomMain level7'9'' x 11'4''
Laundry roomMain level7'3'' x 15'0''
Living roomMain level13'7'' x 20'0''
Dining roomMain level14'11'' x 12'4''
KitchenMain level12'10'' x 14'11''

Listing Information

MLS®
10387776
Listed
May 15, 2026
Time on market
On the market for 108 days
Data last synced
August 28, 2026

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

Description

Private 21.6 ACRE property within the city limits of Salmon Arm with a 2nd residence. This well-maintained acreage features a 3 bedroom, 3 bathroom home, the 34’ x 38’ shop has an attached 532 sq ft 1-bedroom suite with separate access currently vacant for the sale but could easily be rented. The shop and suite each have their own natural gas heat. Being fenced + cross fenced with 4 heated auto water bowls on flat land and 6 existing paddocks make it an excellent horse property. The bright, open-concept main floor offers a spacious country kitchen, dining area, and living room and a floor-to-ceiling gas fireplace. Also on the main level is a bedroom or office. Upstairs features a huge master bedroom with walk-in closet and attached 2-piece ensuite, a third bedroom, and a full 4-piece bathroom. Hardwood and tile flooring with radiant in-floor electric heat in the tile. The full unfinished basement with separate entrance has a roughed-in bathroom, forced air gas furnace, wood stove and cold room. The wraparound covered deck showcases the stunning views of Shuswap Lake and beyond. Two massive 60’ x 100’ pole barns with power, one with a loft and concrete area perfect for 4 stalls. 15 acres of productive hayland. A large garden area, orchard + berry plantings, 2.5 acres of mature timber. The property is on city water and also has a drilled well ready to be used as needed also. Located in a quiet setting with nearby trails and parks, yet just minutes to downtown Salmon Arm. (id:63159)

Values & Trends

This listing

$805/sqft

Building average

No other active listings in this building

NW Salmon Arm average

No comparable active listings

Parking: 10 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

13°C

Humidity 91%

Wind S 2 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.

Nearby Schools

SchoolTypeDistance
Salmon Arm West ElementaryElementary3.3 km
Salmon Arm StorefrontSecondary4.4 km
J.L. Jackson SecondarySecondary4.9 km
Bastion ElementaryElementary5.6 km
Salmon Arm SecondarySecondary5.8 km
Hillcrest ElementaryElementary6.2 km
King's Christian School(Independent)K-126.3 km
South Broadview ElementaryElementary6.4 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.

School district: Okanagan-Shuswap (SD83)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($335,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,343,200.00
Periodic payment — Principal & Interest (monthly)$8,665.87
Additional monthly expenses (strata, tax, utilities, etc.)$399.08
Total monthly cost$9,064.95
Interest paid over 5-yr term$384,964.98
Balance at end of term$1,208,212.74

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$335,800
Stress test qualifying rate8.09%
Payment you must qualify for$10,328.74

Cash Needed at Closing

Minimum down payment$335,800
Estimated BC PTT$31,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$368,880

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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