Property Type: Detached HouseOwnership: Freehold

5694 Trans Canada Highway NW

Salmon Arm, BC V1E3A2

$1,499,999

5 bed5.5 bath22 parking4,917 sqftBuilt 2010
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
5 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$4,810

Interior

Basement
Full
Heating
See remarks, Geothermal
Cooling / A/C
Geothermal
Fireplace
None
Flooring
Hardwood, Linoleum

Exterior & Lot

Exterior features
Aluminum
View
Lake view, Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
22 — covered indicated
Features
Attached Garage

Room Dimensions

RoomLevelDimensions
Laundry roomBasement8'7'' x 6'2''
4pc BathroomBasement8'3'' x 13'3''
DenBasement10'10'' x 8'2''
BedroomBasement13'6'' x 16'3''
BedroomBasement13'5'' x 14'11''
Utility roomBasement11'1'' x 7'1''
KitchenBasement7'2'' x 19'8''
Recreation roomBasement19'11'' x 38'5''
3pc BathroomBasement9'10'' x 5'5''
Family roomBasement23'2'' x 16'5''
4pc BathroomMain level7'6'' x 9'0''
BedroomMain level12'5'' x 12'1''
BedroomMain level11'1'' x 13'5''
5pc Ensuite bathMain level9'4'' x 13'2''
Primary BedroomMain level13'5'' x 14'5''
OfficeMain level12'1'' x 12'5''
Laundry roomMain level12'8'' x 12'0''
2pc BathroomMain level2'11'' x 7'5''
FoyerMain level8'9'' x 6'0''
KitchenMain level25'11'' x 15'6''
Living roomMain level22'6'' x 38'11''

Listing Information

MLS®
10391551
Listed
June 24, 2026
Time on market
On the market for 68 days
Data last synced
August 28, 2026

Listing provided by: Coldwell Banker Executives Realty · Data source: CREA DDF.

Description

Perched on 5 private acres above Shuswap Lake and Bastion Mountain, this extraordinary 4,917 sq. ft. custom-built estate offers a rare blend of architectural strength, luxury, privacy, and income potential—just 10 minutes from downtown Salmon Arm. Designed as a true modern “castle,” the home captures breathtaking panoramic lake and mountain views from nearly every room. Built in 2010 with exceptional quality, this 5-bedroom, 5-bath residence features soaring ceilings, expansive living spaces, and walls of glass that fill the home with natural light. Engineered for longevity and comfort, it includes an ICF foundation, geothermal heating and cooling, central vacuum, and integrated sound system. A fully self-contained walkout suite with private entrance, hot tub, and stunning views offers excellent flexibility for guests, extended family, or established Airbnb income with strong seasonal demand. Outdoor living spaces are designed for entertaining or quiet enjoyment of iconic Shuswap sunsets. Despite its acreage setting, the property offers low-maintenance living, allowing more time to enjoy the lifestyle. Minutes to lakes, beaches, marinas, trails, and Crown land recreation, this elevated sanctuary delivers unmatched privacy without compromise. A rare estate where luxury, nature, and opportunity meet in perfect balance. (id:63159)

Values & Trends

This listing

$305/sqft

Building average

No other active listings in this building

NW Salmon Arm average

$648/sqft

12 active listing(s)

Parking: 22 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

13°C

Humidity 91%

Wind S 2 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
Shuswap SDA(Independent)Elementary/Middle5.7 km
J.L. Jackson SecondarySecondary6.6 km
Salmon Arm West ElementaryElementary6.7 km
Bastion ElementaryElementary6.7 km
Salmon Arm SecondarySecondary6.7 km
Salmon Arm StorefrontSecondary6.7 km
North Canoe ElementaryElementary6.9 km
South Broadview ElementaryElementary7.6 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: 8.3% ($125,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,199,999.00
Periodic payment — Principal & Interest (monthly)$7,741.99
Additional monthly expenses (strata, tax, utilities, etc.)$646.83
Total monthly cost$8,388.82
Interest paid over 5-yr term$343,923.16
Balance at end of term$1,079,402.98

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$125,000
Stress test qualifying rate8.09%
Payment you must qualify for$10,573.26

Cash Needed at Closing

Minimum down payment$125,000
Estimated BC PTT$28,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$154,500

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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