Property Type: Condo / ApartmentOwnership: Strata

650 3rd Street SW Unit# 101

Salmon Arm, BC V1E1P6

$249,900

1 bed1 bath1 parking657 sqftBuilt 1995
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Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$28/mo
Annual property tax
$1,333.98

Interior

Heating
Baseboard heaters
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Unknown, Decorative
Flooring
Laminate

Parking

Total spaces
1 — uncovered indicated
Features
Stall

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level9'7'' x 7'1''
Primary BedroomMain level10'9'' x 11'5''
Dining roomMain level5'8'' x 11'6''
KitchenMain level7'10'' x 10'6''
Living roomMain level10'6'' x 12'8''

Listing Information

MLS®
10392933
Listed
June 27, 2026
Time on market
On the market for 66 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Access Real Estate · Data source: CREA DDF.

Description

Welcome to Cambridge Court! This very well-maintained 1 bedroom, 1 bathroom condo offers comfortable and affordable living in a convenient location. Situated on the main floor, this wheelchair accessible unit provides easy access and features a private balcony overlooking the quiet back side of the complex. Enjoy the warmth of the cozy gas fireplace, with low strata fees of just $270.51 that include the gas fireplace and 1 parking stall. Move-in ready and ideally located close to shopping, restaurants, and other amenities, this is carefree living at an affordable price. (id:63159)

Values & Trends

This listing

$380/sqft

Building average

No other active listings in this building

SW Salmon Arm average

$357/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

44

7/9 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 StorefrontSecondary250 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+)

  • Namaste434 m
  • Boston Pizza566 m
  • Wings590 m
  • Jade Buffet657 m
  • White Spot678 m

Cafes (4)

  • Blue Canoe Bakery and Cafe651 m
  • Unnamed741 m
  • Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast757 m
  • Sweet Leaf Bakery & Cafe · 1151 10 Avenue Southwest779 m

Grocery (1)

  • No Frills459 m

Parks (3)

  • Unnamed284 m
  • Blackburn Park347 m
  • Hero War Memorial756 m

Shopping (4)

  • Centenoka Park Mall · 360 Trans-Canada Highway404 m
  • Hudson's Bay483 m
  • Canadian Tire663 m
  • Piccadilly Mall735 m

Pharmacies (1)

  • Shoppers Drug Mart798 m

Banks & ATMs (1)

  • HoneyBadger Bitcoin ATM414 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($12,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$199,920.00
Periodic payment — Principal & Interest (monthly)$1,289.82
Additional monthly expenses (strata, tax, utilities, etc.)$171.68
Total monthly cost$1,461.49
Interest paid over 5-yr term$57,297.65
Balance at end of term$179,828.69

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$12,495
Stress test qualifying rate8.09%
Payment you must qualify for$1,825.56

Cash Needed at Closing

Minimum down payment$12,495
Estimated BC PTT$2,998
Legal / closing costs (typical estimate)$1,500
Total cash needed$16,993

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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