Property Type: Detached HouseOwnership: Freehold

5778 highway 97

Falkland, BC V0E1W0

$230,000

2 bed1 bath1,024 sqftBuilt 1922
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Property Details

Property & Lot

Sub-type
House
Stories
1.5
Lot size
0.42 acres

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$1,425.23

Interior

Heating
Forced air
Fireplace
None

Room Dimensions

RoomLevelDimensions
BedroomMain level7'7'' x 12'8''
Full bathroomMain level2'10'' x 8'4''
Living roomMain level19'8'' x 12'7''
KitchenMain level11'8'' x 12'8''
Primary BedroomSecond level10'7'' x 12'8''

Listing Information

MLS®
10391799
Listed
June 22, 2026
Time on market
On the market for 70 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (Kamloops) · Data source: CREA DDF.

Description

Experience this charming 2-bedroom, 1-bathroom Falkland home on a generous 0.42-acre lot, perfectly located along the highway with unmatched convenience. In close proximity to Falkland Elementary, the Falkland Store, the Falkland Pub and the Stampede Grounds. This home also features a 1 car detached garage and shed. Book your showing today. All measurements approximate. (id:63159)

Values & Trends

This listing

$225/sqft

Building average

No other active listings in this building

Salmon Vly / Falkland average

$521/sqft

14 active listing(s)

Parking: Not indicatedStorage 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

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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

19

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

SchoolTypeDistance
Falkland Elementary Junior SchoolElementary/Middle333 m
Westwold ElementaryElementary13.9 km
Silver Creek Elementary SecondaryElementary/Middle17.2 km
North Okanagan Junior Academy(Independent)Elementary/Middle22.7 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 97126 m

Parks (2)

  • Unnamed268 m
  • Falkland Stampede296 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($11,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$184,000.00
Periodic payment — Principal & Interest (monthly)$1,187.11
Additional monthly expenses (strata, tax, utilities, etc.)$169.77
Total monthly cost$1,356.87
Interest paid over 5-yr term$52,734.93
Balance at end of term$165,508.60

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,500
Stress test qualifying rate8.09%
Payment you must qualify for$1,680.19

Cash Needed at Closing

Minimum down payment$11,500
Estimated BC PTT$2,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,600

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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