Property Type: Detached HouseOwnership: Freehold

4640 70 Avenue NE

Salmon Arm, BC V0E1K0

$600,000

2 bed1 bath6 parking1,031 sqftBuilt 1972
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Property Details

Property & Lot

Sub-type
House
Stories
1
Lot size
0.69 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,740.59

Interior

Heating
Forced air, See remarks
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Hardwood, Ceramic Tile

Exterior & Lot

Exterior features
Vinyl siding

Building

Roof
Metal, Unknown

Parking

Total spaces
6 — covered indicated
Features
Detached Garage, Carport, Heated Garage

Room Dimensions

RoomLevelDimensions
Dining roomMain level13'11'' x 10'
BedroomMain level13'1'' x 10'1''
Full bathroomMain level8'7'' x 9'
KitchenMain level13'11'' x 8'2''
Living roomMain level15'8'' x 19'1''
Primary BedroomMain level12'11'' x 12'6''

Listing Information

MLS®
10378900
Listed
April 15, 2026
Time on market
On the market for 139 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.

Description

Charming 2-bedroom home in Canoe on 0.69 acres with mature cherry trees and a heated detached garage with workspace. Situated toward the back of a spacious lot near Lund Park & Wright Pond, this home offers a wonderful blend of comfort, character, and functional outdoor space. From the double carport with seating area, step inside to an open-concept kitchen and living area featuring a freestanding gas fireplace — perfect for cozy evenings. Outside, enjoy an abundance of mature cherry trees that provide beauty, shade, and a seasonal taste of the Shuswap. In the past, these gorgeous trees have created a connection with the local neighbourhood through u-pick cherries. Parking is plentiful with a long driveway, carport, and a heated detached garage complete with workshop space and additional covered storage — ideal for hobbies, vehicles, or projects. This property offers a fantastic opportunity to enjoy the Shuswap lifestyle with mountain views and nearby amenities including Canoe Beach, North Canoe Elementary, local shops, and restaurants. Whether you’re a first-time buyer, downsizing, or looking for a property with room for projects, this home offers something special. (id:63159)

Values & Trends

This listing

$582/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$393/sqft

66 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

11

2/9 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
North Canoe ElementaryElementary410 m
Shuswap SDA(Independent)Elementary/Middle1.4 km
Salmon Arm SecondarySecondary4.5 km
Bastion ElementaryElementary4.9 km
South Broadview ElementaryElementary5.4 km
King's Christian School(Independent)K-125.5 km
J.L. Jackson SecondarySecondary5.9 km
Shuswap Middle SchoolMiddle6.0 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

Restaurants (1)

  • Canooligans · 4940 Canoe Beach Drive Northeast480 m

Parks (1)

  • Unnamed549 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($35,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$480,000.00
Periodic payment — Principal & Interest (monthly)$3,096.80
Additional monthly expenses (strata, tax, utilities, etc.)$363.72
Total monthly cost$3,460.51
Interest paid over 5-yr term$137,569.38
Balance at end of term$431,761.55

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$35,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,344.65

Cash Needed at Closing

Minimum down payment$35,000
Estimated BC PTT$10,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$46,500

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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