Property Type: TownhouseOwnership: Strata

51 8 Avenue SW Unit# 15

Salmon Arm, BC V1E3L9

$469,000

3 bed2 bath2 parking1,374 sqftBuilt 2006
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
2

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$375/mo
Annual property tax
$1,945.8

Maintenance Fee Includes

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions

Interior

Basement
Crawl space
Heating
Forced air, See remarks
Cooling / A/C
Heat Pump
Fireplace
None
Flooring
Hardwood, Carpeted

Exterior & Lot

Exterior features
Stucco
View
Mountain view, View (panoramic)

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Attached Garage, Carport

Restrictions & Policies

Age / occupancy
Seniors-oriented community

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BedroomSecond level17'8'' x 11'11''
BedroomSecond level17'8'' x 11'9''
4pc BathroomSecond level7'7'' x 7'11''
4pc BathroomMain level8'3'' x 8'2''
Primary BedroomMain level14'0'' x 11'11''
KitchenMain level9'3'' x 11'11''
Living roomMain level15'0'' x 11'11''

Listing Information

MLS®
10393022
Listed
June 30, 2026
Time on market
On the market for 62 days
Data last synced
August 28, 2026

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

Description

Rare Opportunity to Own in the Sought-After 55+ Alcide Place! A great location within easy walking to all the amenities; two malls, downtown restaurants and theatres, the fair grounds, 50+ Activity Centre, walking trails and public transit. New furnace and heat pump ($21K) installed in 2025. Main floor features open concept living, kitchen, eating, large primary bedroom with French doors, that could easily be used for a formal dining room, media room, office, hobbies. Main bathroom has large walk-in shower, with handy door through walk-in closet to primary bedroom. Stacked washer/dryer in laundry room completes the main. Upstairs you will find two more good-sized bedrooms and a large four-piece bathroom. Many large windows fill this home with natural light. Parking is easy access and level, with single garage, carport and plenty of street parking for your guests at your front entrance. You will find good storage in a full concrete crawlspace. The 19-unit strata development is self managed; strata fees are $375. Dogs and cats are allowed, with restrictions. Check out the 3D virtual tour and book your showing today! (id:63159)

Values & Trends

This listing

$341/sqft

Building average

$312/sqft

1 active listing(s)

SW Salmon Arm average

$296/sqft

2 active listing(s)

Parking: 2 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

6/9 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
Salmon Arm StorefrontSecondary237 m
J.L. Jackson SecondarySecondary1.4 km
Hillcrest ElementaryElementary1.8 km
Shuswap Middle SchoolMiddle2.4 km
Bastion ElementaryElementary2.6 km
King's Christian School(Independent)K-122.6 km
South Broadview ElementaryElementary2.8 km
Salmon Arm SecondarySecondary3.0 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 (5+)

  • Namaste521 m
  • Wings618 m
  • Jade Buffet637 m
  • Boston Pizza642 m
  • White Spot670 m

Cafes (3)

  • Blue Canoe Bakery and Cafe682 m
  • Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast720 m
  • Unnamed749 m

Grocery (1)

  • No Frills606 m

Parks (4)

  • Unnamed363 m
  • Blackburn Park545 m
  • Hero War Memorial694 m
  • Fletcher's Park769 m

Shopping (2)

  • Centenoka Park Mall · 360 Trans-Canada Highway556 m
  • Hudson's Bay644 m

Banks & ATMs (2)

  • HoneyBadger Bitcoin ATM568 m
  • Bank Of Montreal782 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($23,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$375,200.00
Periodic payment — Principal & Interest (monthly)$2,420.66
Additional monthly expenses (strata, tax, utilities, etc.)$606.15
Total monthly cost$3,026.81
Interest paid over 5-yr term$107,533.40
Balance at end of term$337,493.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$23,450
Stress test qualifying rate8.09%
Payment you must qualify for$3,426.12

Cash Needed at Closing

Minimum down payment$23,450
Estimated BC PTT$7,380
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,330

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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