5165 Salmon River Road
Armstrong, BC V0E1B4
$749,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 23.59 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,804
Interior
- Fireplace
- None
Exterior & Lot
- View
- Valley view
Listing Information
- MLS®
- 10276387
- Listed
- June 5, 2023
- Time on market
- On the market for 1183 days
- Data last synced
- August 28, 2026
Listing provided by: B.C. Farm & Ranch Realty Corp. · Data source: CREA DDF.
Description
23 acre Armstrong property, 3.5 acres in hay, some nice open areas for pasture or building sites with Valley views, 2 unused wells, one drilled, one shallow, seasonal creek, Older out buildings, RV shelter, barn foundation in good shape from barn that burned down, some fruit trees and older grape vines, private location only 10 min to Armstrong or 30 min. to Vernon or Salmon Arm. (id:63159)
Location Insights
Weather
Nearest station: Vernon
18°C
—
Humidity 66%
Wind ESE 16 km/h
Tonight
11°
Tuesday
27°
Tuesday night
14°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Population
5,323
(2021 Census)
+4.1% since 2016
Density: 1,019.7/km²
Dwellings: 2,292
Median household income: $77,500
After-tax: $70,000
Immigrant population: 7.1%
Top countries of origin (% of total population)
- United Kingdom2% · 105
- United States of America1.3% · 70
- Netherlands0.6% · 30
- Germany0.4% · 20
- India0.4% · 20
- Philippines0.3% · 15
- Mexico0.2% · 10
- Italy0.2% · 10
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Highland Park Elementary | Elementary | 7.0 km |
| Pleasant Valley Secondary | Secondary | 7.0 km |
| Len Wood Middle School | Middle | 7.1 km |
| Armstrong Elementary | Elementary | 7.3 km |
| North Okanagan Junior Academy(Independent) | Elementary/Middle | 8.8 km |
| M.V. Beattie Elementary | Elementary | 13.6 km |
| Silver Creek Elementary Secondary | Elementary/Middle | 13.9 km |
| A.L. Fortune Secondary | K-12 | 14.2 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: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.7% ($49,900) — 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.