Property Type: Detached HouseOwnership: Freehold

2991 7 Avenue NE

Salmon Arm, BC V1E2S7

$749,000

4 bed3 bath1 parking2,449 sqftBuilt 2013
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.15 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,902.69

Interior

Basement
Full
Heating
Forced air, See remarks, Other
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

View
Lake view, Mountain view, View (panoramic)

Parking

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

Room Dimensions

RoomLevelDimensions
Laundry roomLower level9'4'' x 6'
Laundry roomLower level4' x 4'
Full bathroomLower level
BedroomLower level12'4'' x 12'
BedroomLower level13' x 12'
Family roomLower level12'6'' x 17'8''
Dining roomAdditional Accommodation7'9'' x 11'2''
KitchenAdditional Accommodation11'1'' x 14'7''
Full bathroomMain level
BedroomMain level9'8'' x 13'6''
Full ensuite bathroomMain level
Primary BedroomMain level11'1'' x 16'1''
Living roomMain level13'6'' x 14'11''
Dining roomMain level9'3'' x 12'4''
KitchenMain level9'9'' x 14'11''

Listing Information

MLS®
10396397
Listed
July 30, 2026
Time on market
On the market for 32 days
Data last synced
August 28, 2026

Listing provided by: REMAX Shuswap · Data source: CREA DDF.

Description

Built in 2013, this well-designed 4 bedroom, 3 bathroom home offers comfortable living in a convenient location close to schools, the rec center, shopping, and everyday amenities. The open-concept main floor features a bright living room with a cozy gas fireplace, while the kitchen is equipped with a gas range, eat-up island, and dining area with direct access to the deck for easy summer BBQs and outdoor entertaining. The spacious primary bedroom includes a walk-in closet and a 4-piece ensuite, with a second bedroom and full bathroom completing the main level. The lower level offers a self-contained suite with its own laundry, making it an excellent option for extended family, guests, or rental income. A connecting door to the main home provides the flexibility to easily incorporate the space into the main residence as additional bedrooms, a family room, or extra living space if your needs change. Recent updates include new flooring throughout the suite, a new in-floor heating boiler, and a new hot water tank. Natural gas forced-air heating, central air conditioning, and in-floor heat on the lower level provide year-round comfort. Outside, the fenced yard offers space for kids, pets, or gardening, along with a storage shed and plenty of driveway parking. With Shuswap Lake, walking trails, and endless outdoor recreation just minutes away, this home is a great package. (id:63159)

Values & Trends

This listing

$306/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$397/sqft

66 active listing(s)

Parking: 1 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

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

37

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

SchoolTypeDistance
South Broadview ElementaryElementary239 m
King's Christian School(Independent)K-12334 m
Bastion ElementaryElementary713 m
Shuswap Middle SchoolMiddle856 m
Salmon Arm SecondarySecondary862 m
J.L. Jackson SecondarySecondary1.5 km
Hillcrest ElementaryElementary1.7 km
Salmon Arm StorefrontSecondary2.6 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 Northeast322 m
  • Yan’s665 m

Cafes (1)

  • Tim Hortons171 m

Grocery (1)

  • Askew's Foods - Uptown Salmon Arm383 m

Banks & ATMs (2)

  • Unnamed198 m
  • SASCU Uptown Salmon Arm437 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 6.7% ($49,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$599,200.00
Periodic payment — Principal & Interest (monthly)$3,865.84
Additional monthly expenses (strata, tax, utilities, etc.)$530.56
Total monthly cost$4,396.39
Interest paid over 5-yr term$171,732.44
Balance at end of term$538,982.34

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$49,900
Stress test qualifying rate8.09%
Payment you must qualify for$5,375.83

Cash Needed at Closing

Minimum down payment$49,900
Estimated BC PTT$12,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$64,380

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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