3641 40th Street SE
Salmon Arm, BC V1E1X7
$499,900
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 20 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,342.08
Interior
- Fireplace
- None
Exterior & Lot
- View
- Lake view, Valley view, View (panoramic)
Listing Information
- MLS®
- 10390452
- Listed
- June 5, 2026
- Time on market
- On the market for 87 days
- Data last synced
- August 28, 2026
Listing provided by: RE/MAX Nyda Realty Inc. · Data source: CREA DDF.
Description
20 acre private parcel, about 8 acres is cleared, mostly out of ALR, backs onto crown land with trail access. Incredible build site prepped to build a home with sweeping views of the valley and lake. 30x40 pad poured for quonset or shop next to build site. Land has nice slope for grapes or other fruits, within Salmon Arm City limits, drilled well, city water at road. Newly engineered driveway for easy access. Truly special piece of property with complete privacy. Call today for a private showing! (id:63159)
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
| School | Type | Distance |
|---|---|---|
| Hillcrest Elementary | Elementary | 2.4 km |
| South Canoe | Elementary/Middle | 2.5 km |
| Shuswap Middle School | Middle | 2.7 km |
| King's Christian School(Independent) | K-12 | 3.2 km |
| South Broadview Elementary | Elementary | 3.3 km |
| J.L. Jackson Secondary | Secondary | 3.9 km |
| Salmon Arm Storefront | Secondary | 4.0 km |
| Ranchero Elementary Junior | Elementary/Middle | 4.0 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
Similar active properties nearby based on property type, price, and size.
2.5 km away
2.6 km away
2.6 km away
Explore More Homes
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,995) — 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.