4940 16 Street NE
Salmon Arm, BC V1E1E1
$1,295,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.54 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $7,049
Interior
- Basement
- Full
- Heating
- Forced air, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (2)
- Fireplace type
- Gas, Unknown
- Flooring
- Tile, Hardwood, Carpeted, Cork
Exterior & Lot
- Exterior features
- Wood siding
- View
- Lake view, Mountain view, View (panoramic)
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 1 — covered indicated
- Features
- Attached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | 7'9'' x 8'10'' |
| Utility room | Basement | 11'0'' x 14'9'' |
| Media | Basement | 16'11'' x 28'9'' |
| Bedroom | Basement | 9'2'' x 14'5'' |
| Other | Second level | 15'11'' x 21'0'' |
| 4pc Bathroom | Second level | 9'7'' x 8'10'' |
| Bedroom | Second level | 10'8'' x 13'10'' |
| Bedroom | Second level | 12'0'' x 14'1'' |
| 5pc Ensuite bath | Second level | 8'8'' x 15'3'' |
| Primary Bedroom | Second level | 19'7'' x 22'2'' |
| Bedroom | Second level | 14'0'' x 18'2'' |
| Foyer | Main level | 7'3'' x 9'8'' |
| Laundry room | Main level | 11'1'' x 11'5'' |
| 2pc Bathroom | Main level | 5'7'' x 9'3'' |
| Den | Main level | 11'3'' x 13'3'' |
| Dining nook | Main level | 7'7'' x 13'1'' |
| Kitchen | Main level | 17'7'' x 18'8'' |
| Dining room | Main level | 13'8'' x 15'6'' |
| Living room | Main level | 21'6'' x 19'9'' |
Listing Information
- MLS®
- 10395432
- Listed
- July 22, 2026
- Time on market
- On the market for 40 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.
Description
This spacious Victorian-style family home offers character, charm, and elevated views of Shuswap Lake and the surrounding mountains. An amazing spot for your family to enjoy the next chapter. The covered front porch provides a welcoming entry into a thoughtfully designed layout. At the heart of the home is a beautifully updated kitchen equipped with quartz countertops, a center island, an eating bar, and a bright breakfast nook. This will be the gathering place to share the day your family and entertain friends. The backdrop is your private yard featuring patios, lush gardens, a firepit, and a tranquil waterfall feature; an invitation to outdoor entertaining. Hardwood floors connect the kitchen to the formal dining and living areas, where natural gas fireplaces add a cozy atmosphere and large windows showcase the scenery. A main-floor office and a quiet sitting area offer comfortable spots to work or relax. Upstairs, you will find four large bedrooms and two full bathrooms, including a primary suite with a walk-in closet and ensuite styled to capture the lake views. A versatile bonus room on this level easily serves as a playroom, games room, or additional workspace. The lower level extends the living space further with a large recreation room ideal for a home theater, gym, or play area. The private half acre property is complete with a covered carport, garage, and ample parking for guests or extra vehicles. A peaceful retreat designed for comfortable everyday living. (id:63159)
Values & Trends
This listing
$273/sqft
Building average
—
No other active listings in this building
NE Salmon Arm average
$398/sqft
66 active listing(s)
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
7
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
| School | Type | Distance |
|---|---|---|
| Shuswap SDA(Independent) | Elementary/Middle | 1.5 km |
| Salmon Arm Secondary | Secondary | 2.7 km |
| North Canoe Elementary | Elementary | 2.8 km |
| Bastion Elementary | Elementary | 2.9 km |
| J.L. Jackson Secondary | Secondary | 3.6 km |
| South Broadview Elementary | Elementary | 3.8 km |
| King's Christian School(Independent) | K-12 | 3.9 km |
| Shuswap Middle School | Middle | 4.4 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)
- Raven Park334 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 8.1% ($104,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.