Property Type: Detached HouseOwnership: Freehold

4780 56 Street NW

Salmon Arm, BC V1E0B1

$1,750,000

4 bed4.5 bath4 parking4,662 sqftBuilt 2017
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
3.46 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$9,736.71

Interior

Basement
Full
Heating
Forced air, See remarks
Cooling / A/C
Central air conditioning
Fireplace
Yes (1)
Fireplace type
Gas, Unknown

Exterior & Lot

Exterior features
Other

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
4 — covered indicated
Features
Attached Garage, RV, Oversize, See Remarks, Heated Garage

Room Dimensions

RoomLevelDimensions
OtherMain level12' x 39'
OtherMain level28'7'' x 50'
StorageBasement14'3'' x 19'1''
Utility roomBasement10'1'' x 14'6''
4pc BathroomBasement5' x 8'
BedroomBasement12'4'' x 14'10''
BedroomBasement13'1'' x 16'1''
BedroomBasement13'10'' x 14'5''
OtherBasement7'2'' x 7'6''
Recreation roomBasement28'10'' x 31'7''
2pc BathroomMain level5'6'' x 7'
Laundry roomMain level9'1'' x 16'
4pc BathroomMain level8'5'' x 14'11''
DenMain level14'1'' x 14'5''
OtherMain level6'2'' x 6'6''
OtherMain level6'6'' x 8'9''
5pc Ensuite bathMain level10'8'' x 14'11''
Primary BedroomMain level13'7'' x 23'1''
KitchenMain level10'11'' x 18'2''
Dining roomMain level11'10'' x 12'4''
Living roomMain level24'8'' x 29'6''

Listing Information

MLS®
10396858
Listed
August 6, 2026
Time on market
On the market for 25 days
Data last synced
August 28, 2026

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

Description

Set on 3.46 private acres with beautiful lake and mountain views, this exceptional property blends luxury living with incredible functionality. Designed with quality craftsmanship throughout, the home features 9-foot ceilings on the main floor and a stunning 15-foot vaulted living room, where a gas fireplace creates a warm and inviting gathering space. The chef's kitchen is equipped with premium Sub-Zero refrigeration, Wolf stove and ovens, a Bosch dishwasher, solid surface countertops, and generous workspace. The spacious primary suite offers heated ensuite floors, a soaker tub, double vanity, and dual walk-in closets. The fully finished basement features in-floor heating, a wet bar, and versatile living space for entertaining or guests. Additional highlights include on-demand hot water, 200-amp electrical service, security system/cameras, and plenty of storage. Step outside to the expansive partially covered deck with two gas outlets for effortless outdoor entertaining while enjoying the surrounding lake and mountain views. The impressive 29' x 50' heated garage with a 12' RV door is perfect for vehicles, boats, RVs, and recreational toys. The property also includes two fully serviced RV pads, city water, underground irrigation, and three 20-foot sea cans with attached covered storage. Offering privacy, premium finishes, and exceptional versatility, this remarkable property delivers the best of country living just minutes from downtown Salmon Arm. (id:63159)

Values & Trends

This listing

$375/sqft

Building average

No other active listings in this building

NW Salmon Arm average

$642/sqft

12 active listing(s)

Parking: 4 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.

Nearby Schools

SchoolTypeDistance
Salmon Arm West ElementaryElementary4.8 km
Salmon Arm StorefrontSecondary6.2 km
J.L. Jackson SecondarySecondary6.6 km
Bastion ElementaryElementary7.1 km
Salmon Arm SecondarySecondary7.3 km
Shuswap SDA(Independent)Elementary/Middle7.4 km
King's Christian School(Independent)K-128.0 km
Hillcrest ElementaryElementary8.0 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.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($350,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,400,000.00
Periodic payment — Principal & Interest (monthly)$9,032.32
Additional monthly expenses (strata, tax, utilities, etc.)$1,044.39
Total monthly cost$10,076.72
Interest paid over 5-yr term$401,244.02
Balance at end of term$1,259,304.53

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$350,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,765.51

Cash Needed at Closing

Minimum down payment$350,000
Estimated BC PTT$33,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$384,500

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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