Property Type: Condo / ApartmentOwnership: Strata

650 Third Street SW Unit# 408

Salmon Arm, BC V1E1P6

$339,000

2 bed2 bath2 parking926 sqftBuilt 1995
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Amenities

Also listed: Laundry Facility, Cable TV

Property Details

Property & Lot

Sub-type
Apartment
Stories
1

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$381/mo
Annual property tax
$1,817.85

Maintenance Fee Includes

GarbageManagementHeat

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

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
Wall unit
Fireplace
Yes (1)
Fireplace type
Insert
Flooring
Vinyl

Exterior & Lot

Exterior features
Stucco
View
Mountain view

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
2 — covered indicated
Features
Carport

Restrictions & Policies

Rentals
Allowed

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

Room Dimensions

RoomLevelDimensions
3pc BathroomMain level5'8'' x 8'7''
BedroomMain level9'3'' x 11'2''
4pc Ensuite bathMain level4'11'' x 8'1''
OtherMain level6'11'' x 5'4''
Primary BedroomMain level13'5'' x 10'11''
Laundry roomMain level5'5'' x 5'6''
KitchenMain level12'3'' x 12'11''
Living roomMain level11'3'' x 13'7''
Dining roomMain level10'11'' x 8'1''

Listing Information

MLS®
10388699
Listed
May 25, 2026
Time on market
On the market for 98 days
Data last synced
August 28, 2026

Listing provided by: PG Direct Realty · Data source: CREA DDF.

Description

Visit REALTOR website for additional information. Located in a well maintained building this 2 bedroom, 2 bathroom condo offers comfortable living with everyday convenience. Enjoy beautiful mountain views from your private balcony while being just minutes from shopping, restaurants, services, & quick highway access for easy commuting. The building features elevator access, wheelchair accessibility, covered parking, a storage locker, & no age restrictions. Some pets are permitted & has potential as an income property or investment opportunity. Outdoor enthusiasts will appreciate being close to Blackburn Park with its sports fields, playground spaces, & nearby dog walking areas. Looking for a place to call home & a low maintenance lifestyle, this location offers a balance of convenience, recreation, and accessibility in one package. (id:63159)

Values & Trends

This listing

$366/sqft

Building average

No other active listings in this building

SW Salmon Arm average

$359/sqft

7 active listing(s)

Parking: 2 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

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.

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 StorefrontSecondary265 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 SecondarySecondary3.2 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+)

  • Namaste444 m
  • Boston Pizza576 m
  • Wings603 m
  • Jade Buffet671 m
  • White Spot691 m

Cafes (4)

  • Blue Canoe Bakery and Cafe663 m
  • Unnamed754 m
  • Sweet Leaf Bakery & Cafe · 1151 10 Avenue Southwest766 m
  • Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast771 m

Grocery (1)

  • No Frills465 m

Parks (3)

  • Unnamed296 m
  • Blackburn Park334 m
  • Hero War Memorial771 m

Shopping (4)

  • Centenoka Park Mall · 360 Trans-Canada Highway409 m
  • Hudson's Bay487 m
  • Canadian Tire649 m
  • Piccadilly Mall721 m

Pharmacies (1)

  • Shoppers Drug Mart785 m

Banks & ATMs (1)

  • HoneyBadger Bitcoin ATM419 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($16,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$271,200.00
Periodic payment — Principal & Interest (monthly)$1,749.69
Additional monthly expenses (strata, tax, utilities, etc.)$578.49
Total monthly cost$2,328.18
Interest paid over 5-yr term$77,726.70
Balance at end of term$243,945.28

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$16,950
Stress test qualifying rate8.09%
Payment you must qualify for$2,476.45

Cash Needed at Closing

Minimum down payment$16,950
Estimated BC PTT$4,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$23,230

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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