Property Type: Condo / ApartmentOwnership: Strata

640 3 Street SW Unit# 406

Salmon Arm, BC V1E2R3

$229,000

1 bed1 bath1 parking484 sqftBuilt 1997
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$202/mo
Annual property tax
$1,435.35

Maintenance Fee Includes

WaterGarbageManagementHeat

Also included: Ground Maintenance, Insurance, Other, See Remarks, Reserve Fund Contributions, Sewer

Interior

Heating
Baseboard heaters, See remarks
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Gas, Unknown
Flooring
Vinyl

Exterior & Lot

View
Mountain view, View (panoramic)

Parking

Total spaces
1 — uncovered indicated
Features
Covered

Restrictions & Policies

Pets
Allowed with restrictions
Rentals
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
Laundry roomMain level4'5'' x 5'4''
Full bathroomMain level7'11'' x 4'10''
FoyerMain level3'10'' x 6'10''
Primary BedroomMain level8'0'' x 9'6''
Living roomMain level13'0'' x 9'4''
Dining roomMain level5'0'' x 8'0''
KitchenMain level8'4'' x 8'4''

Listing Information

MLS®
10390814
Listed
July 2, 2026
Time on market
On the market for 60 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Assurance Realty Ltd · Data source: CREA DDF.

Description

BEST LOCATION! LARGEST DECK in Building- 4TH FLOOR Awesome Mt Ida Vistas! Welcome to Cambridge Court 11, PERFECT 1 BED move-in-ready starter condo. This bright open top-floor, one-bedroom, one-bathroom condo boasts comfortable living with beautiful views of Mt. Ida from the very spacious private deck with electric awning. Featuring open-concept living area highlighted with a lovely natural gas fireplace. The galley kitchen overlooks the main/dining living area & includes refrigerator, stove & dishwasher. Adjacent to the main entrance is a large storage room & stackable laundry. The bedroom has a double closet & large window. Also important: Plumbing upgrades have been done, all Carport roofs are new & NO Levies! Along with covered parking & storage locker, this compact condo is ready for the perfect buyer! Good things come in small packages, & the other small thing about this condo is the low monthly strata fee @$202.47 a month which ALSO includes hot water & natural gas for the fireplace. Quick possession available & 2026 property taxes are included with sale price. CC11 is conveniently situated close to shopping, parks, restaurants, pubs, recreation facilities & public transit. One cat is allowed with strata approval. Experience comfy living & the wonderful deck with awesome views, in one of Salmon Arm's most convenient locations. (id:63159)

Values & Trends

This listing

$473/sqft

Building average

No other active listings in this building

SW Salmon Arm average

$343/sqft

7 active listing(s)

Parking: 1 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

6/9 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
Salmon Arm StorefrontSecondary205 m
J.L. Jackson SecondarySecondary1.5 km
Hillcrest ElementaryElementary2.0 km
Shuswap Middle SchoolMiddle2.6 km
Bastion ElementaryElementary2.7 km
King's Christian School(Independent)K-122.8 km
South Broadview ElementaryElementary2.9 km
Salmon Arm SecondarySecondary3.1 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 (5+)

  • Namaste398 m
  • Boston Pizza530 m
  • Wings549 m
  • Jade Buffet613 m
  • White Spot634 m

Cafes (4)

  • Blue Canoe Bakery and Cafe610 m
  • Unnamed699 m
  • Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast712 m
  • Night Cafe · 160 Lakeshore Drive Northeast797 m

Grocery (1)

  • No Frills437 m

Parks (3)

  • Unnamed245 m
  • Blackburn Park385 m
  • Hero War Memorial712 m

Shopping (4)

  • Centenoka Park Mall · 360 Trans-Canada Highway383 m
  • Hudson's Bay466 m
  • Canadian Tire700 m
  • Piccadilly Mall772 m

Banks & ATMs (2)

  • HoneyBadger Bitcoin ATM394 m
  • Bank Of Montreal771 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% ($11,450) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$183,200.00
Periodic payment — Principal & Interest (monthly)$1,181.94
Additional monthly expenses (strata, tax, utilities, etc.)$346.08
Total monthly cost$1,528.03
Interest paid over 5-yr term$52,505.65
Balance at end of term$164,788.99

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$11,450
Stress test qualifying rate8.09%
Payment you must qualify for$1,672.88

Cash Needed at Closing

Minimum down payment$11,450
Estimated BC PTT$2,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$15,530

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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