Property Type: Detached HouseOwnership: Freehold

5255 Schneider Place

Tappen, BC V0E2X3

$949,000

4 bed4.5 bath10 parking3,252 sqftBuilt 1990
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
1.46 acres
Frontage
106 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,176.95

Interior

Heating
No heat
Fireplace
None

Exterior & Lot

View
Lake view, Mountain view

Parking

Total spaces
10 — uncovered indicated
Features
Oversize

Room Dimensions

RoomLevelDimensions
BedroomBasement12'0'' x 12'0''
Living roomBasement25'0'' x 14'0''
Recreation roomBasement15'0'' x 20'0''
Full bathroomBasement9'0'' x 8'0''
KitchenBasement11'0'' x 8'0''
BedroomSecond level11'0'' x 11'0''
BedroomSecond level12'0'' x 11'0''
Full bathroomSecond level10'0'' x 5'0''
4pc Ensuite bathMain level4'0'' x 10'0''
Primary BedroomMain level17'0'' x 19'0''
DenMain level10'0'' x 10'0''
Living roomMain level20'0'' x 20'0''
KitchenMain level12'0'' x 10'0''
Laundry roomMain level9'0'' x 9'0''
Partial bathroomMain level7'0'' x 5'0''

Listing Information

MLS®
10397700
Listed
August 13, 2026
Time on market
On the market for 18 days
Data last synced
August 28, 2026

Listing provided by: Real Broker B.C. Ltd · Data source: CREA DDF.

Description

1.45 acres of Shuswap semi-waterfront living with phenomenal lake and valley views! Centrally located in Tappen, this versatile property offers space, privacy and excellent potential for those looking to enjoy the Shuswap lifestyle with potential for generating additional income. The main home features 4 bedrooms and 3 bathrooms, kitchens above and below, and massive potential. The home is well situated to take full advantage of the impressive lake and valley views, creating a bright and inviting place to relax and entertain. A converted shop/garage provides added flexibility and potential for another dwelling or income (buyer to confirm). Previously used as an art gallery this space is a blank canvas. On top of this there is another natural gas, power, water hookup from a mobile home that was removed on the south end of the property. Set on a beautiful 1.45-acre landscaped parcel, this property brings together the features that are hard to find in one package: semi-waterfront location, incredible Shuswap views, two dwellings, income potential and plenty of room to enjoy the outdoors. An exciting opportunity for a full-time residence, recreational property or multi-generational Shuswap retreat. Please note that some of the photos have been digitally altered. (id:63159)

Values & Trends

This listing

$292/sqft

Building average

No other active listings in this building

Tappen / Sunnybrae average

$664/sqft

14 active listing(s)

Parking: 10 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

Nearest station: Salmon Arm

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

7

1/9 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
Carlin Elementary MiddleElementary/Middle5.9 km
Shuswap SDA(Independent)Elementary/Middle7.0 km
North Canoe ElementaryElementary8.0 km
Salmon Arm West ElementaryElementary8.6 km
Salmon Arm SecondarySecondary8.6 km
Bastion ElementaryElementary8.7 km
J.L. Jackson SecondarySecondary8.7 km
Salmon Arm StorefrontSecondary8.9 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)

  • Esso448 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$759,200.00
Periodic payment — Principal & Interest (monthly)$4,898.10
Additional monthly expenses (strata, tax, utilities, etc.)$427.75
Total monthly cost$5,325.85
Interest paid over 5-yr term$217,588.90
Balance at end of term$682,902.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$69,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,759.97

Cash Needed at Closing

Minimum down payment$69,900
Estimated BC PTT$16,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$88,380

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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