320 Okanagan Avenue SE
Salmon Arm, BC V1E3H6
$699,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.23 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,152.87
Interior
- Basement
- Partial
- Heating
- Forced air, See remarks
- Fireplace
- Yes (1)
- Fireplace type
- Insert
- Flooring
- Wood
Exterior & Lot
- Exterior features
- Stucco
- View
- City view, Lake view, Mountain view, Valley view, View (panoramic)
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 3 — uncovered indicated
- Features
- Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Storage | Main level | 8'0'' x 11'0'' |
| Storage | Basement | 8' x 8' |
| Workshop | Basement | 7' x 10' |
| Family room | Basement | 18'0'' x 14'0'' |
| Recreation room | Basement | 14'0'' x 15'0'' |
| Foyer | Main level | 3' x 6' |
| Utility room | Main level | 2'6'' x 7'0'' |
| 4pc Bathroom | Main level | — |
| Dining room | Main level | 10'9'' x 7'7'' |
| Bedroom | Main level | 12'0'' x 10'0'' |
| Primary Bedroom | Main level | 15'0'' x 15'0'' |
| Living room | Main level | 21'0'' x 14'0'' |
| Kitchen | Main level | 9'6'' x 19'0'' |
| Foyer | Main level | 4' x 6' |
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 15'0'' x 10'0'' |
| Primary Bedroom | Second level | 15'0'' x 15'0'' |
| Living room | Second level | 14'0'' x 13'0'' |
| Kitchen | Second level | 14'0'' x 12'0'' |
Listing Information
- MLS®
- 10345252
- Listed
- April 28, 2025
- Time on market
- On the market for 490 days
- Data last synced
- August 28, 2026
Listing provided by: B.C. Farm & Ranch Realty Corp. · Data source: CREA DDF.
Description
Developers R-10 zoning, potential for main level commercial with 5 levels of residential above, listing has 2 legal lots for a total of .23 acres 2500+ sq.ft home with 2 bedrooms on the main floor and a two bedroom non-conforming suite above, useable basement for storage or rec room, home has gas fireplace, some wood floors, big bright windows, unique design, workshop area, large treed yard, Close to City Center. Lake and mtn views on upper floors. Potential for commercial, high density residential. Corner lots, short walk to downtown. Great investment property and rental income while you wait to develop. main level rented for $2400 a month plus utilities and the upstairs is still at the reduced rent to a friend for $1000+ utilities but has been as high as $1500 a month (id:63159)
Values & Trends
This listing
$256/sqft
Building average
—
No other active listings in this building
SE Salmon Arm average
$432/sqft
42 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
70
8/9 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 Storefront | Secondary | 483 m |
| J.L. Jackson Secondary | Secondary | 789 m |
| Hillcrest Elementary | Elementary | 1.7 km |
| Bastion Elementary | Elementary | 2.0 km |
| Shuswap Middle School | Middle | 2.1 km |
| King's Christian School(Independent) | K-12 | 2.2 km |
| South Broadview Elementary | Elementary | 2.3 km |
| Salmon Arm Secondary | Secondary | 2.4 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.
Nearby Places
Restaurants (5+)
- Jade Buffet170 m
- White Spot204 m
- Ambrosia Grill Taverna269 m
- Cantina Vallarta288 m
- Wings311 m
Cafes (5+)
- Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast120 m
- Unnamed269 m
- Anvil Coffee Collective · 310 Ross Street Northeast294 m
- Blue Canoe Bakery and Cafe324 m
- Tim Hortons324 m
Grocery (2)
- Askew's Foods387 m
- No Frills646 m
Parks (5+)
- Hero War Memorial41 m
- Fletcher's Park115 m
- Ross Street Plaza264 m
- Unnamed504 m
- McGuire Lake Park543 m
Shopping (3)
- Shuswap Park Mall391 m
- Centenoka Park Mall · 360 Trans-Canada Highway649 m
- Hudson's Bay706 m
Gyms (1)
- Cardio Connection541 m
Pharmacies (1)
- Unnamed435 m
Banks & ATMs (4)
- Bank Of Montreal168 m
- CIBC251 m
- SASCU365 m
- HoneyBadger Bitcoin ATM659 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.