401 Gillis Avenue
Sicamous, BC V0E2V1
$799,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.34 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,019.66
Interior
- Basement
- Crawl space
- Heating
- Heat Pump, Baseboard heaters, Forced air, Electric
- Cooling / A/C
- Heat Pump
- Fireplace
- Yes (2)
- Fireplace type
- Insert
- Flooring
- Laminate, Carpeted, Linoleum
Exterior & Lot
- Exterior features
- Other
- View
- Mountain view
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 10 — covered indicated
- Features
- Attached Garage, Carport
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 17'9'' x 20'9'' |
| Bedroom | Second level | 9'0'' x 21'2'' |
| Primary Bedroom | Main level | 11'11'' x 13'4'' |
| Laundry room | Main level | 5'8'' x 5'1'' |
| 4pc Bathroom | Main level | — |
| Pantry | Main level | 5'8'' x 5'1'' |
| Dining room | Main level | 12'6'' x 8'4'' |
| Living room | Main level | 20'9'' x 12'8'' |
| Kitchen | Main level | 12'6'' x 9'0'' |
Listing Information
- MLS®
- 10386140
- Listed
- May 5, 2026
- Time on market
- On the market for 118 days
- Data last synced
- August 28, 2026
Listing provided by: PG Direct Realty · Data source: CREA DDF.
Description
Visit REALTOR website for additional information. Visit REALTOR website for additional information.Located in the vibrant community of Sicamous, this 3 bedroom, 2 bathroom home offers excellent value and investment potential and is currently operating as an income property. Set on a spacious in town lot, the home features a cozy wood burning fireplace, walk in pantry, and two efficient wood stoves. Recent updates include removal of several mature trees, additional front and side parking, a wood shed, and a new heat pump (2026). The large attached garage/shop, built in 2011, includes a half bathroom plus 2 upper level bedrooms and an additional main floor bedroom, creating flexible living space for guests, hobbies, or extended family. Perfect for the Shuswap lifestyle with plenty of room for visitors, toys, boats, sleds, campers, and off road vehicles. (id:63159)
Values & Trends
This listing
$485/sqft
Building average
—
No other active listings in this building
Sicamous average
$616/sqft
33 active listing(s)
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
Nearest station: Salmon Arm
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
2,613
(2021 Census)
+7.6% since 2016
Density: 204.1/km²
Dwellings: 1,905
Median household income: $65,000
After-tax: $60,400
Immigrant population: 5.7%
Top countries of origin (% of total population)
- United Kingdom1.5% · 40
- United States of America1% · 25
- Germany0.6% · 15
- Italy0.4% · 10
- Netherlands0.4% · 10
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Parkview Elementary School | Elementary | 1.1 km |
| Eagle River Secondary | K-12 | 1.5 km |
| North Canoe Elementary | Elementary | 19.9 km |
| Shuswap SDA(Independent) | Elementary/Middle | 21.3 km |
| South Canoe | Elementary/Middle | 22.6 km |
| Salmon Arm Secondary | Secondary | 23.3 km |
| South Broadview Elementary | Elementary | 23.6 km |
| Bastion Elementary | Elementary | 23.7 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.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.9% ($54,900) — 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.