Property Type: Detached HouseOwnership: Freehold

5641 50 Street NW

Salmon Arm, BC V1E3A6

$1,035,000

5 bed3 bath2 parking3,089 sqftBuilt 1973
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
10 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,724

Interior

Heating
Baseboard heaters, In Floor Heating
Cooling / A/C
Window air conditioner
Fireplace
None
Flooring
Hardwood, Carpeted, Ceramic Tile

Exterior & Lot

Exterior features
Vinyl siding
View
Lake view, Mountain view, Valley view

Building

Roof
Metal, Unknown

Parking

Total spaces
2 — covered indicated
Features
Detached Garage

Room Dimensions

RoomLevelDimensions
Primary BedroomMain level12'7'' x 17'4''
OtherMain level23' x 24'5''
BedroomLower level11'10'' x 12'6''
OtherLower level10'2'' x 23'
Mud roomLower level9'1'' x 20'7''
OtherLower level7'10'' x 8'10''
BedroomLower level11'7'' x 12'5''
Utility roomLower level9'1'' x 12'5''
5pc BathroomLower level8' x 12'6''
BedroomLower level12'5'' x 12'8''
Living roomLower level9'7'' x 12'4''
KitchenAdditional Accommodation11'5'' x 16'2''
Laundry roomLower level12'5'' x 14'6''
FoyerLower level8'5'' x 12'3''
BedroomMain level9'10'' x 11'8''
3pc Ensuite bathMain level11'2'' x 14'6''
4pc BathroomMain level7'7'' x 7'9''
Family roomMain level24'9'' x 26'5''
KitchenMain level10'1'' x 12'4''

Listing Information

MLS®
10388430
Listed
May 29, 2026
Time on market
On the market for 94 days
Data last synced
August 28, 2026

Listing provided by: REMAX Shuswap · Data source: CREA DDF.

Description

Escape to the privacy and tranquility of Gleneden with this rare 10-acre property offering the perfect blend of country living and city convenience. Located within Salmon Arm city limits and just 10 mins from town, this picturesque acreage boasts breathtaking panoramic views that include Shuswap Lake, Mount Ida, Bastion Mtn, and the Enderby Cliffs - JUST WOW. A spacious Gambrel-style home offers approximately 3,000 sq. ft. of living space with 5 bedrooms, 3 bathrooms, hardwood floors upstairs and a flexible layout ideal for extended family or in-law accommodation. The upper level features a large primary suite with access to a private deck, a 2nd bdrm, full bathrm, kitchen & family rm where the spectacular views take center stage. The lower level offers 3 additional bedrooms, a full bathrm, spacious laundry room, utility room, separate entrances, and excellent suite potential. Outside, the opportunities are endless. Fenced and cross-fenced acreage, fruit trees, a charming potting shed/art studio, and direct access to Crown land trails create the lifestyle many dream about. Raise animals, grow your own food, ride the trails, or simply enjoy the peace and privacy of your surroundings. Situated in the ALR, this property offers value & potential agricultural opportunities or farm status for the tax break. A truly special opportunity to enjoy rural independence without sacrificing services such as city garbage and recycling collection. See feature sheet for additional details. (id:63159)

Values & Trends

This listing

$335/sqft

Building average

No other active listings in this building

NW Salmon Arm average

$646/sqft

12 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.

Nearby Schools

SchoolTypeDistance
Salmon Arm West ElementaryElementary5.4 km
Salmon Arm StorefrontSecondary6.4 km
J.L. Jackson SecondarySecondary6.7 km
Shuswap SDA(Independent)Elementary/Middle6.9 km
Bastion ElementaryElementary7.1 km
Salmon Arm SecondarySecondary7.2 km
King's Christian School(Independent)K-127.9 km
South Broadview ElementaryElementary8.0 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.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 7.6% ($78,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$828,000.00
Periodic payment — Principal & Interest (monthly)$5,341.98
Additional monthly expenses (strata, tax, utilities, etc.)$631.00
Total monthly cost$5,972.98
Interest paid over 5-yr term$237,307.18
Balance at end of term$744,788.68

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$78,500
Stress test qualifying rate8.09%
Payment you must qualify for$7,355.15

Cash Needed at Closing

Minimum down payment$78,500
Estimated BC PTT$18,700
Legal / closing costs (typical estimate)$1,500
Total cash needed$98,700

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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