Property Type: Condo / ApartmentOwnership: Strata

330 7 Street SE Unit# 301

Salmon Arm, BC V1E1S7

$349,900

2 bed2 bath1 parking1,044 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$373/mo
Annual property tax
$2,101

Maintenance Fee Includes

WaterGarbage

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer

Interior

Heating
Baseboard heaters, See remarks
Cooling / A/C
Window air conditioner
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Laminate, Carpeted, Linoleum

Exterior & Lot

Exterior features
Stucco
View
Mountain view

Building

Roof
Asphalt shingle, Unknown, Unknown

Parking

Total spaces
1 — covered indicated
Features
Underground, Heated Garage

Restrictions & Policies

Rentals
Allowed
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

RoomLevelDimensions
OtherMain level9'3'' x 11'5''
Full ensuite bathroomMain level9' x 5'11''
Primary BedroomMain level14'11'' x 12'
BedroomMain level9'11'' x 11'11''
3pc BathroomMain level9' x 4'8''
KitchenMain level14'6'' x 10'10''
Dining roomMain level14'6'' x 11'2''
Living roomMain level11'11'' x 14'9''

Listing Information

MLS®
10389986
Listed
June 4, 2026
Time on market
On the market for 88 days
Data last synced
August 28, 2026

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

Description

Experience exceptional 55+ living in the desirable Essex apartment building. This top-floor, 1,044 sq. ft. residence features a bright, open layout with 2 bedrooms, 2 bathrooms, a cozy gas fireplace in the living room, kitchen with lots of cabinetry plus extra seating at the raised counter bar and a south-facing balcony showcasing scenic mountain views. The spacious primary bedroom includes an ensuite, a walk-in closet, and an additional closet for extra storage. The second bedroom offers the perfect space for guests or a home office. The stacking washer/dryer are conveniently located in a closet just off the dining area. Recently painted with new carpet installed, this home is truly move-in ready. Enjoy the convenience of heated underground parking and a dedicated storage locker, all just a short walk from downtown amenities. Quick possession is available. Additional highlights include a peaceful balcony ideal for relaxing outdoors, elevator access throughout the building, and community amenities such as a workshop, storage locker, and heated underground parking plus guest spaces outside. (id:63159)

Values & Trends

This listing

$335/sqft

Building average

$351/sqft

1 active listing(s)

SE Salmon Arm average

$338/sqft

6 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

30

7/9 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
Salmon Arm StorefrontSecondary677 m
J.L. Jackson SecondarySecondary716 m
Hillcrest ElementaryElementary1.3 km
Shuswap Middle SchoolMiddle1.7 km
Bastion ElementaryElementary1.9 km
King's Christian School(Independent)K-121.9 km
South Broadview ElementaryElementary2.0 km
Salmon Arm SecondarySecondary2.3 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 Buffet561 m
  • White Spot599 m
  • Cantina Vallarta615 m
  • Ambrosia Grill Taverna653 m
  • Wings689 m

Cafes (5+)

  • Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast515 m
  • Tim Hortons572 m
  • Anvil Coffee Collective · 310 Ross Street Northeast628 m
  • Unnamed668 m
  • Blue Canoe Bakery and Cafe716 m

Grocery (1)

  • Askew's Foods771 m

Parks (5+)

  • Fletcher's Park383 m
  • Hero War Memorial428 m
  • Ross Street Plaza620 m
  • McGuire Lake Park642 m
  • Unnamed772 m

Shopping (1)

  • Shuswap Park Mall771 m

Pharmacies (1)

  • Unnamed644 m

Banks & ATMs (3)

  • Bank Of Montreal545 m
  • CIBC624 m
  • SASCU677 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($17,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$279,920.00
Periodic payment — Principal & Interest (monthly)$1,805.95
Additional monthly expenses (strata, tax, utilities, etc.)$599.86
Total monthly cost$2,405.81
Interest paid over 5-yr term$80,225.88
Balance at end of term$251,788.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$17,495
Stress test qualifying rate8.09%
Payment you must qualify for$2,556.08

Cash Needed at Closing

Minimum down payment$17,495
Estimated BC PTT$4,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,993

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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