5722 97 Highway N
Falkland, BC V0E1W0
$425,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.28 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $1,642.98
Interior
- Basement
- Partial, Crawl space
- Heating
- Forced air, See remarks
- Fireplace
- None
- Flooring
- Laminate, Carpeted, Vinyl
Exterior & Lot
- Exterior features
- Wood siding, Vinyl siding
Building
- Roof
- Asphalt shingle, Metal, Unknown
Parking
- Features
- RV, Additional Parking
Restrictions & Policies
- Pets
- Allowed
- Rentals
- Allowed
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Workshop | Main level | 17'5'' x 17'5'' |
| Utility room | Basement | 22'7'' x 16'3'' |
| Primary Bedroom | Main level | 13'9'' x 15' |
| Mud room | Main level | 6'9'' x 7'7'' |
| Living room | Main level | 13'1'' x 16'2'' |
| Laundry room | Main level | 9'6'' x 10'11'' |
| Kitchen | Main level | 13' x 10'1'' |
| Gym | Main level | 9'10'' x 10'1'' |
| Dining room | Main level | 10' x 7'5'' |
| Den | Main level | 9'10'' x 11'3'' |
| Bedroom | Main level | 13'9'' x 9'5'' |
| Bedroom | Main level | 13'9'' x 10'8'' |
| 4pc Bathroom | Main level | 8'11'' x 4'11'' |
Listing Information
- MLS®
- 10397696
- Listed
- August 15, 2026
- Time on market
- On the market for 17 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.
Description
Step into the heart of Falkland with this piece of local history, built in 1944. If only these walls could talk! Situated right in the centre of town on a completely flat and fully fenced 0.28-acre double lot, this unique property offers unparalleled flexibility with no residential zoning bylaws, but the fantastic ability to run a commercial business. Access is highly convenient directly off Highway 97 North, or via the practical rear laneway access also available. Inside, this 3-bedroom, 1-full bath home boasts a brightly renovated kitchen equipped with shaker style cabinets, white subway tiles, and new arborite countertops. The large, bright living room provides a wonderful, welcoming space to unwind after a long day. There is incredible potential here, with plenty of space to easily add a second bathroom into any of the 3-bedrooms to make a luxurious primary master suite. Step out back to discover a large fenced backyard, highlighted by a great covered porch for entertaining that leads seamlessly into the mudroom, dining, and kitchen area. The property includes a relaxing hot tub, a 40-ft sea-can for added storage, and a large 17' x 17' detached workshop for those who like to tinker. All essential appliances are included, and the furnace was replaced in 2009. Conveniently located approx 20-mins to Vernon and 40-mins to Kamloops. Ask your realtor for the long list of commercial business opportunities, or keep it as a residential property right in the heart of town. (id:63159)
Values & Trends
This listing
$241/sqft
Building average
—
No other active listings in this building
Salmon Vly / Falkland average
$520/sqft
14 active listing(s)
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
22
2/9 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
| School | Type | Distance |
|---|---|---|
| Falkland Elementary Junior School | Elementary/Middle | 227 m |
| Westwold Elementary | Elementary | 14.1 km |
| Silver Creek Elementary Secondary | Elementary/Middle | 17.0 km |
| North Okanagan Junior Academy(Independent) | Elementary/Middle | 22.5 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)
- Pizza Ranch Cafe · 5722 Highway 97154 m
Parks (2)
- Unnamed137 m
- Falkland Stampede565 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($21,250) — 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.