Property Type: Land / LotOwnership: Freehold

4080 50 Street NE

Salmon Arm, BC V1E1Y5

$799,999

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Property Details

Property & Lot

Sub-type
Other
Lot size
19.47 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$857.36

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10384167
Listed
April 23, 2026
Time on market
On the market for 130 days
Data last synced
August 28, 2026

Listing provided by: Homelife Salmon Arm Realty.Com · Data source: CREA DDF.

Description

Escape the hustle and bustle of the city and find your own piece of paradise with this beautifully sprawling creekside 19.47-acre parcel. Tucked away behind a wall of trees, this private oasis boasts fields and meadows that are perfect for building your dream home or vacation getaway. The winding creek is the biggest selling feature, offering a serene and tranquil atmosphere that will make you feel like you’re living in your own private paradise. Sub-irrigated and centrally located, would make this a perfect place for growers or a market, don’t miss out on this once-in-alifetime opportunity to own a piece of heaven on earth! This property is being sold with all equipment and tools included - the tractor, ride on mower etc. (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

SchoolTypeDistance
North Canoe ElementaryElementary2.0 km
Shuswap SDA(Independent)Elementary/Middle2.1 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/Middle4.2 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)

Mortgage & Ownership Cost Calculator

Minimum required: 6.9% ($55,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$639,999.00
Periodic payment — Principal & Interest (monthly)$4,129.06
Additional monthly expenses (strata, tax, utilities, etc.)$71.45
Total monthly cost$4,200.50
Interest paid over 5-yr term$183,425.55
Balance at end of term$575,681.17

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$55,000
Stress test qualifying rate8.09%
Payment you must qualify for$5,728.78

Cash Needed at Closing

Minimum down payment$55,000
Estimated BC PTT$14,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$70,500

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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