5041 75 Avenue NE
Salmon Arm, BC V0E1K0
$849,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.22 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $5,641.14
Interior
- Basement
- Cellar
- Heating
- Forced air, See remarks
- Fireplace
- None
- Flooring
- Laminate, Carpeted
Exterior & Lot
- Exterior features
- Vinyl siding
- View
- Lake view, Mountain view
Building
- Roof
- Metal, Unknown
Parking
- Total spaces
- 2 — covered indicated
- Features
- Attached Garage
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Main level | 23'10'' x 28'4'' |
| 4pc Ensuite bath | Second level | 6'11'' x 9'10'' |
| Primary Bedroom | Second level | 14'4'' x 13'7'' |
| 4pc Bathroom | Main level | 6'8'' x 5'8'' |
| Bedroom | Main level | 10'6'' x 9'11'' |
| Bedroom | Main level | 10'4'' x 9'11'' |
| Living room | Main level | 17'9'' x 14'9'' |
| Dining room | Main level | 10'7'' x 8' |
| Kitchen | Main level | 10'6'' x 11'6'' |
Listing Information
- MLS®
- 10385502
- Listed
- May 4, 2026
- Time on market
- On the market for 119 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Shuswap · Data source: CREA DDF.
Description
Rare waterfront opportunity in the heart of Canoe! Set along the shores of Shuswap Lake, this 3 bedroom, 2 bathroom home offers 1,309 sq. ft. of living space on a flat and usable 0.22 acre lot—all within city limits and connected to municipal water and sewer. Enjoy an unbeatable central location that captures where small-town charm meets everyday convenience—just a short stroll to the local general store, post office, and the ever-popular Canooligans'. Everything you need is right at your doorstep. The home features an attached double garage, plus ample additional parking for vehicles, boats, or RVs. The spacious yard offers plenty of room to relax, entertain, or create your dream outdoor space, all while taking in the beauty of the lakefront setting. With a little TLC, this property presents an incredible opportunity to get into the waterfront market and make it your own—whether it’s a full-time residence, vacation getaway, or investment. Waterfront living, in-town convenience, and endless potential—this is Shuswap living at its best. (id:63159)
Values & Trends
This listing
$649/sqft
Building average
—
No other active listings in this building
NE Salmon Arm average
$392/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
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
19
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
| School | Type | Distance |
|---|---|---|
| North Canoe Elementary | Elementary | 871 m |
| Shuswap SDA(Independent) | Elementary/Middle | 1.9 km |
| Salmon Arm Secondary | Secondary | 5.0 km |
| Bastion Elementary | Elementary | 5.4 km |
| South Broadview Elementary | Elementary | 5.9 km |
| King's Christian School(Independent) | K-12 | 6.1 km |
| J.L. Jackson Secondary | Secondary | 6.5 km |
| Shuswap Middle School | Middle | 6.6 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 Northeast98 m
Parks (1)
- Unnamed303 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.1% ($59,900) — 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.