Property Type: Detached HouseOwnership: Freehold

3960 50 Street NE

Salmon Arm, BC V1E1Y5

$1,159,000

3 bed2 bath2 parking1,918 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
2.12 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,466.31

Interior

Heating
Forced air, Electric, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Unknown, Decorative

Exterior & Lot

Exterior features
Brick, Vinyl siding
Waterfront
Waterfront on creek

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level7'8'' x 11'6''
BedroomMain level11'9'' x 11'4''
BedroomMain level10'8'' x 11'9''
3pc Ensuite bathMain level6'8'' x 9'
Primary BedroomMain level12'5'' x 15'4''
Laundry roomMain level6'3'' x 11'
FoyerMain level8'5'' x 5'6''
Living roomMain level19'3'' x 20'5''
Dining roomMain level8'2'' x 14'
KitchenMain level11'2'' x 13'7''

Listing Information

MLS®
10395012
Listed
July 17, 2026
Time on market
On the market for 45 days
Data last synced
August 28, 2026

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

Description

THE PERFECT BLEND OF NATURE & CONVENIENCE....This well-maintained 2005 custom-built rancher offers over 1,900 sq ft with 3 bedrooms and 2 baths, set on a private 2.12-acre property with a creek running through it. A vaulted foyer welcomes you into a spacious living room with a cozy fireplace. The kitchen features granite countertops, an island, and ample cabinetry, making it the heart of the home. The primary suite includes a walk-in closet, ensuite, and access to the covered deck—perfect for enjoying the peaceful surroundings. The laundry room offers a stackable washer/dryer, sink, cabinetry, and garage access. The gated driveway and mature trees provide excellent privacy, with the home set back from the Trans-Canada Highway. Outside, enjoy a beautiful yard with a creek, garden area, fruit trees, and open lawn space. A 40' x 28' heated shop includes an unauthorized 1-bedroom in-law suite above, ideal for guests, extended family or an Airbnb. Additional features include 40' x 26' covered RV storage with a 30' lean-to, multiple 30-amp plug-ins, trailer hookups, and two sea cans for storage. Solar panels help offset electrical costs. Located just 5 minutes from Canoe Beach, boat launches, and Salmon Arm. (id:63159)

Values & Trends

This listing

$604/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$393/sqft

66 active listing(s)

Parking: 2 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.

Nearby Schools

SchoolTypeDistance
North Canoe ElementaryElementary2.0 km
Shuswap SDA(Independent)Elementary/Middle2.2 km
Salmon Arm SecondarySecondary2.6 km
Bastion ElementaryElementary3.1 km
South Broadview ElementaryElementary3.3 km
King's Christian School(Independent)K-123.4 km
Shuswap Middle SchoolMiddle3.9 km
South CanoeElementary/Middle4.1 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)

Mortgage & Ownership Cost Calculator

Minimum required: 7.8% ($90,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$927,200.00
Periodic payment — Principal & Interest (monthly)$5,981.98
Additional monthly expenses (strata, tax, utilities, etc.)$634.86
Total monthly cost$6,616.84
Interest paid over 5-yr term$265,738.19
Balance at end of term$834,019.40

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$90,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,213.32

Cash Needed at Closing

Minimum down payment$90,900
Estimated BC PTT$21,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$113,580

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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