Property Type: Land / LotOwnership: Freehold

5105 3 Highway

Salmo, BC V0G1Z0

$450,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
63.94 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,419.56

Interior

Fireplace
None

Exterior & Lot

View
Mountain view
Waterfront
Waterfront on pond

Listing Information

MLS®
10390361
Listed
June 5, 2026
Time on market
On the market for 87 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

Bring your ideas to life! This un-zoned 64 acre parcel has much to offer including well & septic already in place & a 200 amp service to the property. There are multiple roughed in driveways for access with the main driveway leading to 2 clearings for potential building sites. Build your dream home surrounded by your very own recreational mountain paradise or take advantage of subdivision potential! But it doesn't stop there, the potential for development is near limitless with this UNZONED piece of paradise! Location is also ideal for your business ideas within a 20min drive to Castlegar, Trail or Salmo! Whether that be for a storage facility, tourist accommodations this land is awaiting your ideas & has endless possibility! There is a small lake on one side of the property and nearby recreation trails for Quadding, sledding, hiking & more! Land is occupied. Must request to view! (id:63159)

Location Insights

Weather

Nearest station: Trail

18°C

Humidity 50%

Wind NNW 2 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

1,140

(2021 Census)

-0.1% since 2016

Density: 467.2/km²

Dwellings: 599

Median household income: $54,400

After-tax: $50,000

Immigrant population: 6.6%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 30
  • Germany1.8% · 20

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Salmo SecondaryK-127.0 km
Salmo Elementary SchoolElementary7.4 km
Fruitvale ElementaryElementary14.8 km
Glenmerry ElementaryElementary23.0 km
Kinnaird ElementaryElementary23.2 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.

School district: Kootenay Lake (SD8)

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Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($22,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$360,000.00
Periodic payment — Principal & Interest (monthly)$2,322.60
Additional monthly expenses (strata, tax, utilities, etc.)$118.30
Total monthly cost$2,440.89
Interest paid over 5-yr term$103,177.03
Balance at end of term$323,821.16

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$22,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,287.33

Cash Needed at Closing

Minimum down payment$22,500
Estimated BC PTT$7,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,000

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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