Property Type: OtherOwnership: Freehold

3580 20 Avenue SE

Salmon Arm, BC V1E1X9

$1,395,000

5 bed2.5 bath10 parking1,617 sqftBuilt 1962
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Property Details

Property & Lot

Sub-type
Other
Stories
2
Lot size
28 acres

Ownership & Fees

Property type
Other
Ownership
Freehold
Annual property tax
$3,433

Interior

Basement
Full
Heating
Forced air, See remarks
Fireplace
None

Exterior & Lot

Exterior features
Stucco, Wood siding
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
10 — uncovered indicated
Features
Additional Parking

Room Dimensions

RoomLevelDimensions
Utility roomBasement9' x 5'2''
StorageBasement8'7'' x 6'3''
Family roomBasement15'9'' x 12'5''
Partial bathroomBasement8'8'' x 4'11''
BedroomBasement10'10'' x 9'11''
BedroomBasement10'11'' x 12'4''
Recreation roomBasement19'8'' x 12'4''
Full bathroomMain level4'10'' x 10'11''
BedroomMain level8'7'' x 9'6''
BedroomMain level9'7'' x 10'11''
Primary BedroomMain level10'2'' x 13'
Dining roomMain level7' x 9'1''
KitchenMain level12'11'' x 14'4''
Living roomMain level16'5'' x 11'4''

Listing Information

MLS®
10393337
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Rarely does a 28-acre acreage this close to town become available! Offering the perfect blend of rural living and everyday convenience, this picturesque property features 5-bedroom, 2-bathroom home, reliable city water, shelters, and an older barn ready for your equestrian or hobby farm dreams. Gently rolling fields, stunning mountain views, and fertile land create endless possibilities for horses, cattle, vineyards, orchards, or a wide variety of agricultural ventures. Ride directly from your property or explore the nearby Shuswap equestrian trail systems, providing endless opportunities for horseback riding and outdoor recreation. Live comfortably in the existing home while you plan and build the custom estate you've always envisioned, or simply enjoy everything this exceptional property already offers. Whether you're seeking a family farm, equestrian retreat, or private country escape just minutes from shopping, schools, and amenities, this is a rare opportunity to own a versatile acreage with space, privacy, city water, breathtaking views, and unlimited potential. (id:63159)

Values & Trends

This listing

$863/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$289/sqft

12 active listing(s)

Parking: 10 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.

Nearby Schools

SchoolTypeDistance
Hillcrest ElementaryElementary1.4 km
Shuswap Middle SchoolMiddle1.5 km
King's Christian School(Independent)K-122.0 km
South CanoeElementary/Middle2.1 km
South Broadview ElementaryElementary2.1 km
J.L. Jackson SecondarySecondary2.8 km
Bastion ElementaryElementary3.0 km
Salmon Arm SecondarySecondary3.2 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.

School district: Okanagan-Shuswap (SD83)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,116,000.00
Periodic payment — Principal & Interest (monthly)$7,200.05
Additional monthly expenses (strata, tax, utilities, etc.)$367.08
Total monthly cost$7,567.14
Interest paid over 5-yr term$319,848.81
Balance at end of term$1,003,845.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,846.60

Cash Needed at Closing

Minimum down payment$114,500
Estimated BC PTT$25,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$141,900

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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