Property Type: Condo / ApartmentOwnership: Strata

330 7 Street SE Unit# 303

Salmon Arm, BC V1E1S7

$469,000

2 bed2 bath1 parking1,336 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
$492/mo
Annual property tax
$2,674.86

Maintenance Fee Includes

WaterGarbage

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

Interior

Heating
Electric
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Insert

Exterior & Lot

Exterior features
Stucco
View
Lake view, Mountain view, Valley view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Underground, Stall, Heated Garage

Restrictions & Policies

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
Primary BedroomMain level14'7'' x 13'11''
Living roomMain level16'5'' x 14'1''
Laundry roomMain level5'6'' x 10'2''
KitchenMain level11'2'' x 15'
Dining roomMain level9'3'' x 12'4''
DenMain level13'8'' x 10'
BedroomMain level11'7'' x 11'2''
4pc BathroomMain level1'5'' x 11''
3pc Ensuite bathMain level6'10'' x 12'7''

Listing Information

MLS®
10398025
Listed
August 18, 2026
Time on market
On the market for 14 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.

Description

Welcome to this stunning top-floor corner unit at The Essex, a desirable 55+ community in the heart of Salmon Arm. Offering beautiful lake and mountain views, this bright and spacious 2-bedroom plus den, 2-bathroom home features an inviting open-concept layout, freshly painted interiors, and plenty of natural light. The spacious primary bedroom is a peaceful retreat with a full ensuite and walk-in closet. The versatile den provides an ideal space for a home office, reading room, or hobby area. Enjoy not one, but two private balconies, perfect for relaxing and taking in the beautiful surroundings. The building offers the convenience of an elevator, secure heated underground parking, and your own storage space. With downtown Salmon Arm just a short walk away, shopping, restaurants, services, and amenities are all close at hand. A wonderful opportunity to enjoy comfortable, low-maintenance living with spectacular lake and mountain views in a welcoming 55+ community. (id:63159)

Values & Trends

This listing

$351/sqft

Building average

$335/sqft

1 active listing(s)

SE Salmon Arm average

$336/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

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

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 StorefrontSecondary695 m
J.L. Jackson SecondarySecondary703 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 Buffet574 m
  • White Spot612 m
  • Cantina Vallarta621 m
  • Ambrosia Grill Taverna663 m
  • Wings704 m

Cafes (5+)

  • Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast526 m
  • Tim Hortons575 m
  • Anvil Coffee Collective · 310 Ross Street Northeast634 m
  • Unnamed680 m
  • Blue Canoe Bakery and Cafe729 m

Grocery (1)

  • Askew's Foods780 m

Parks (5+)

  • Fletcher's Park391 m
  • Hero War Memorial439 m
  • Ross Street Plaza627 m
  • McGuire Lake Park637 m
  • Unnamed790 m

Shopping (1)

  • Shuswap Park Mall780 m

Pharmacies (1)

  • Unnamed644 m

Banks & ATMs (3)

  • Bank Of Montreal555 m
  • CIBC633 m
  • SASCU682 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$375,200.00
Periodic payment — Principal & Interest (monthly)$2,420.66
Additional monthly expenses (strata, tax, utilities, etc.)$781.89
Total monthly cost$3,202.55
Interest paid over 5-yr term$107,533.40
Balance at end of term$337,493.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,426.12

Cash Needed at Closing

Minimum down payment$23,450
Estimated BC PTT$7,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,330

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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