Property Type: Detached HouseOwnership: Freehold

417 Old Spallumcheen Road

Sicamous, BC V0E2V3

$1,888,000

3 bed2 bath6 parking1,788 sqftBuilt 1980
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.51 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,453.93

Interior

Basement
Full
Heating
Electric
Fireplace
None

Exterior & Lot

Exterior features
Other
View
City view, Lake view, Mountain view, Valley view

Building

Roof
Metal, Unknown

Parking

Total spaces
6 — uncovered indicated
Features
Oversize, Additional Parking

Room Dimensions

RoomLevelDimensions
OtherMain level14'3'' x 81'3''
OfficeBasement10'4'' x 15'8''
BedroomBasement11' x 15'4''
Family roomBasement13'9'' x 15'
BedroomMain level11'7'' x 11'3''
3pc Ensuite bathMain level5'3'' x 9'6''
Primary BedroomMain level11'7'' x 13'7''
4pc BathroomMain level5'7'' x 8'3''
Laundry roomMain level3'1'' x 5'4''
FoyerMain level5'5'' x 8'2''
Living roomMain level15' x 16'
Dining roomMain level8' x 4'
KitchenMain level12' x 15'9''

Listing Information

MLS®
10390438
Listed
June 15, 2026
Time on market
On the market for 77 days
Data last synced
August 28, 2026

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

Description

Discover the perfect blend of luxury, recreation, and relaxation in this beautifully renovated waterfront retreat situated on the highly sought-after channel connecting Mara Lake and Shuswap Lake. Offering direct access to two of British Columbia's most desirable boating destinations, and the well known Rail Trail, this exceptional property delivers an unparalleled lakeside lifestyle. This stunning two-storey home features three spacious bedrooms and two bathrooms, thoughtfully designed to maximize comfort and functionality. Recent renovations have transformed the residence into a modern waterfront haven. The open-concept main living area is filled with natural light and offers picturesque water views, creating the ideal setting for both everyday living and entertaining. The renovated kitchen serves as the heart of the home, providing ample workspace and seamless flow to the dining and living areas. The three bedrooms provide peaceful retreats after a day on the water. Step outside and experience the true highlight of this remarkable property. The expansive waterfront setting on .51 subdividable acres offers direct channel access and a large private dock capable of accommodating up to three boats. Enjoy morning coffee overlooking the water, spend afternoons exploring miles of pristine shoreline, and unwind in the evening as boats drift by and the sun sets over the channel. This unique location provides a front-row seat to one of the area's most desirable waterfront settings. (id:63159)

Values & Trends

This listing

$1,056/sqft

Building average

No other active listings in this building

Sicamous average

$599/sqft

33 active listing(s)

Parking: 6 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

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

SchoolTypeDistance
Parkview Elementary SchoolElementary1.4 km
Eagle River SecondaryK-121.4 km
North Canoe ElementaryElementary18.9 km
Shuswap SDA(Independent)Elementary/Middle20.3 km
South CanoeElementary/Middle21.9 km
Salmon Arm SecondarySecondary22.4 km
South Broadview ElementaryElementary22.8 km
Bastion ElementaryElementary22.8 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.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($377,600) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,510,400.00
Periodic payment — Principal & Interest (monthly)$9,744.59
Additional monthly expenses (strata, tax, utilities, etc.)$626.83
Total monthly cost$10,371.42
Interest paid over 5-yr term$432,884.98
Balance at end of term$1,358,609.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$377,600
Stress test qualifying rate8.09%
Payment you must qualify for$11,614.45

Cash Needed at Closing

Minimum down payment$377,600
Estimated BC PTT$35,760
Legal / closing costs (typical estimate)$1,500
Total cash needed$414,860

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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