Property Type: Detached HouseOwnership: Freehold

341 2 Street SE

Salmon Arm, BC V1E4H3

$599,000

3 bed2 bath5 parking2,016 sqftBuilt 1989
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.12 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,588

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
None

Exterior & Lot

View
City view, Mountain view, View (panoramic)

Parking

Total spaces
5 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
StorageLower level20'8'' x 13'6''
OfficeLower level7'3'' x 10'9''
Full bathroomLower level
BedroomLower level9'5'' x 12'9''
Recreation roomLower level22'8'' x 15'4''
Laundry roomMain level6'5'' x 9'10''
Full bathroomMain level
BedroomMain level10'1'' x 9'10''
Primary BedroomMain level12'11'' x 13'2''
Living roomMain level17'11'' x 12'7''
Dining roomMain level11'9'' x 12'7''
KitchenMain level8'5'' x 15'11''

Listing Information

MLS®
10396120
Listed
July 28, 2026
Time on market
On the market for 34 days
Data last synced
August 28, 2026

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

Description

Ideally located within walking distance to shopping, restaurants, grocery stores, parks, and walking trails, this 3-bedroom plus den, 2-bathroom home offers plenty of space and endless potential to make it your own. The bright living room features large windows that fill the home with natural light, and the kitchen is equipped with a gas range for those who enjoy cooking. Step out onto the spacious covered back deck and take in the beautiful views of Mt. Ida—an ideal spot for morning coffee or summer BBQs. The lower level includes a large rec room and den, offering flexible space for a family room, home office, hobbies, or the potential to create a suite for extended family or additional income. Recent improvements include a new furnace and replacement of the Poly-B plumbing, adding peace of mind for future owners. Outside you'll find a fenced backyard, lane access to the single detached garage, RV parking, and plenty of additional parking for vehicles, trailers, or recreational toys. Whether you're looking for your first home, an investment property, or a place with room to grow, this home offers excellent potential in one of Salmon Arm's most convenient neighborhoods. (id:63159)

Values & Trends

This listing

$297/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$431/sqft

42 active listing(s)

Parking: 5 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

41

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 StorefrontSecondary235 m
J.L. Jackson SecondarySecondary1.0 km
Hillcrest ElementaryElementary1.7 km
Shuswap Middle SchoolMiddle2.2 km
Bastion ElementaryElementary2.2 km
King's Christian School(Independent)K-122.3 km
South Broadview ElementaryElementary2.5 km
Salmon Arm SecondarySecondary2.7 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 Buffet304 m
  • White Spot346 m
  • Wings355 m
  • Namaste396 m
  • Boston Pizza453 m

Cafes (5+)

  • Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast361 m
  • Blue Canoe Bakery and Cafe410 m
  • Unnamed435 m
  • Night Cafe · 160 Lakeshore Drive Northeast536 m
  • Anvil Coffee Collective · 310 Ross Street Northeast562 m

Grocery (2)

  • No Frills559 m
  • Askew's Foods592 m

Parks (4)

  • Hero War Memorial322 m
  • Unnamed326 m
  • Fletcher's Park393 m
  • Ross Street Plaza523 m

Shopping (3)

  • Centenoka Park Mall · 360 Trans-Canada Highway537 m
  • Shuswap Park Mall605 m
  • Hudson's Bay618 m

Pharmacies (1)

  • Unnamed722 m

Banks & ATMs (4)

  • Bank Of Montreal424 m
  • CIBC495 m
  • HoneyBadger Bitcoin ATM549 m
  • SASCU638 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($34,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$479,200.00
Periodic payment — Principal & Interest (monthly)$3,091.64
Additional monthly expenses (strata, tax, utilities, etc.)$400.00
Total monthly cost$3,491.64
Interest paid over 5-yr term$137,340.10
Balance at end of term$431,041.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$34,900
Stress test qualifying rate8.09%
Payment you must qualify for$4,337.73

Cash Needed at Closing

Minimum down payment$34,900
Estimated BC PTT$9,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,380

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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