Property Type: Detached HouseOwnership: Freehold

416 27 Street SE

Salmon Arm, BC V1E1K7

$739,900

4 bed3 bath2 parking2,263 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.14 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,171

Interior

Basement
Full
Heating
Stove, Forced air, Wood
Fireplace
Yes (1)
Fireplace type
Free Standing Metal

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Utility roomBasement6'4'' x 3'3''
Family roomBasement16'10'' x 24'5''
Laundry roomBasement11'2'' x 7'2''
FoyerBasement10'4'' x 9'5''
BedroomBasement11'4'' x 14'4''
3pc BathroomBasement7'3'' x 10'10''
Primary BedroomMain level15'11'' x 11'8''
Living roomMain level13'5'' x 15'2''
KitchenMain level8'8'' x 11'10''
Dining roomMain level8' x 13'
Dining nookMain level7'4'' x 12'
BedroomMain level10'1'' x 9'5''
BedroomMain level9' x 13'
4pc BathroomMain level8'4'' x 4'11''
3pc Ensuite bathMain level8'9'' x 8'

Listing Information

MLS®
10386555
Listed
May 7, 2026
Time on market
On the market for 116 days
Data last synced
August 28, 2026

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

Description

First time on the market! This immaculately maintained 4 bedroom, 3 bathroom home is located in a fantastic family neighbourhood backing onto Shuswap Middle School and close to amenities, the SASCU Recreation Centre, pool, curling rink, Uptown Askew’s, and nearby walking trails. The main floor features a thoughtfully designed kitchen with an eating nook and patio doors leading to a covered deck with a gas outlet, overlooking the level, very private backyard. There are three bedrooms upstairs, including the primary bedroom with a 3-piece ensuite, plus a 4-piece main bathroom. The spacious dining and living areas create a welcoming space for everyday living and entertaining. Downstairs offers a huge family room with a cozy wood stove, an additional bedroom, bathroom, and laundry room — ideal for growing families or guests. Recent updates include all new PEX plumbing completed in May 2026, a newer hot water tank, and a newer roof. The extra-long driveway provides plenty of parking for several vehicles, along with an attached double garage. A rare opportunity to own a quality-built family home in an unbeatable location — offering space, privacy, and room to grow for years to come. (id:63159)

Values & Trends

This listing

$327/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$430/sqft

42 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

4

1/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Shuswap Middle SchoolMiddle150 m
King's Christian School(Independent)K-12480 m
South Broadview ElementaryElementary644 m
Hillcrest ElementaryElementary912 m
Bastion ElementaryElementary1.3 km
J.L. Jackson SecondarySecondary1.4 km
Salmon Arm SecondarySecondary1.6 km
Salmon Arm StorefrontSecondary2.3 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.

Nearby Places

Parks (1)

  • Unnamed762 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 6.6% ($48,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$591,920.00
Periodic payment — Principal & Interest (monthly)$3,818.87
Additional monthly expenses (strata, tax, utilities, etc.)$460.58
Total monthly cost$4,279.45
Interest paid over 5-yr term$169,645.97
Balance at end of term$532,433.95

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$48,990
Stress test qualifying rate8.09%
Payment you must qualify for$5,312.86

Cash Needed at Closing

Minimum down payment$48,990
Estimated BC PTT$12,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$63,288

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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