Property Type: Detached HouseOwnership: Freehold

5081 70 Avenue NE

Salmon Arm, BC V0E1K0

$410,000

3 bed1 bath1,480 sqftBuilt 1930
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Lot size
0.17 acres
Frontage
75 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,691.75

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Fireplace
Yes (1)
Fireplace type
Free Standing Metal
Flooring
Hardwood, Ceramic Tile

Exterior & Lot

Exterior features
Wood siding
View
Mountain view

Building

Roof
Metal, Unknown

Parking

Features
Other, RV, Additional Parking

Room Dimensions

RoomLevelDimensions
BedroomSecond level28'5'' x 21'5''
SunroomMain level5'9'' x 3'5''
Laundry roomMain level5'1'' x 7'3''
4pc BathroomMain level8'4'' x 8'1''
BedroomMain level9'6'' x 11'8''
Primary BedroomMain level11'6'' x 13'1''
Family roomMain level11'4'' x 11'9''
Living roomMain level10'5'' x 13'1''
Dining roomMain level10'6'' x 8'3''
KitchenMain level8'5'' x 21'4''

Listing Information

MLS®
10390491
Listed
June 6, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

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

Description

A rare, 75x100 foot lot in the desirable Canoe neighbourhood anchors this 1930 character home, offering immense potential for future redevelopment (permit-ready duplex plans available). Classic architectural details run throughout the interior of this 3-bedroom, 1 bathroom home providing a distinct sense of individuality that stands out from standard modern builds. A bright floor plan can accommodate a home office with reliable local high-speed internet and the spacious second floor can be a kid's dream bedroom/playroom! Situated just minutes from the sandy shores of Canoe Beach and the local boat launch, this location makes it easy to transition from a productive workday to an evening paddle on Shuswap Lake. Commuters enjoy efficient access to Highway 1, keeping the downtown core, local cafes, and the South Canoe trail network within a quick ten-minute drive. Secure your stake in a thriving community where long-term value meets the active Shuswap lifestyle; schedule a walk through the property and explore the Canoe neighbourhood today. Offered at $410,000, it's the best value for a single-family home in Salmon Arm! (id:63159)

Values & Trends

This listing

$277/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$398/sqft

66 active listing(s)

Parking: Not indicatedStorage 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

15

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 ElementaryElementary489 m
Shuswap SDA(Independent)Elementary/Middle1.7 km
Salmon Arm SecondarySecondary4.7 km
Bastion ElementaryElementary5.1 km
South Broadview ElementaryElementary5.5 km
King's Christian School(Independent)K-125.7 km
J.L. Jackson SecondarySecondary6.2 km
Shuswap Middle SchoolMiddle6.2 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 Northeast337 m

Parks (1)

  • Unnamed214 m

Nearby places data: © OpenStreetMap contributors.

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: 5.0% ($20,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$328,000.00
Periodic payment — Principal & Interest (monthly)$2,116.14
Additional monthly expenses (strata, tax, utilities, etc.)$298.31
Total monthly cost$2,414.46
Interest paid over 5-yr term$94,005.74
Balance at end of term$295,037.06

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$20,500
Stress test qualifying rate8.09%
Payment you must qualify for$2,995.12

Cash Needed at Closing

Minimum down payment$20,500
Estimated BC PTT$6,200
Legal / closing costs (typical estimate)$1,500
Total cash needed$28,200

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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