6551 40 Street NW
Salmon Arm, BC V1E3A5
$945,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 7.91 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,770.02
Interior
- Heating
- Forced air, See remarks
- Cooling / A/C
- Central air conditioning
- Fireplace
- Yes (1)
- Fireplace type
- Wood, Conventional
Exterior & Lot
- Exterior features
- Other
- View
- Lake view, Mountain view
Building
- Roof
- Asphalt shingle, Metal, Unknown
Parking
- Features
- Additional Parking
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Ensuite bath | Second level | 6'9'' x 7'5'' |
| Primary Bedroom | Second level | 12' x 18' |
| Family room | Main level | 12'8'' x 17'5'' |
| Laundry room | Main level | 5'1'' x 6'7'' |
| Bedroom | Main level | 9'2'' x 9'8'' |
| Bedroom | Main level | 9'5'' x 10' |
| Bedroom | Main level | 9'7'' x 10'9'' |
| 4pc Bathroom | Main level | 4'5'' x 9' |
| Foyer | Main level | 9'3'' x 6'7'' |
| Living room | Main level | 20' x 22' |
| Dining room | Main level | 8' x 12' |
| Kitchen | Main level | 13' x 16' |
Listing Information
- MLS®
- 10375537
- Listed
- February 11, 2026
- Time on market
- On the market for 201 days
- Data last synced
- August 28, 2026
Listing provided by: REMAX Shuswap · Data source: CREA DDF.
Description
MODERN COMFORT MEETS RUSTIC CHARM – This 4-bedroom A-frame home on nearly 8 acres offers comfort, space, and stunning views. Enter through a spacious foyer into a beautifully designed kitchen with quartz island, gas stove, two pantries, and generous dining area. The open-concept living room features soaring vaulted ceilings, a wall of windows, and a cozy wood stove. Sliding doors lead to a large deck with modern metal railings, perfect for entertaining. A 2016 addition added three bedrooms, a large family room, full bath, and well-appointed laundry with sink and built-ins. The upstairs primary suite includes a 3-piece ensuite, while the partial basement provides storage and outside access. Major updates include a brand-new septic system, newer furnace and heat pump (2025), plus a reverse osmosis water system with full-home filtration. Outside... the acreage is ideal for horses or hobby farming, with a 15' x 15' studio featuring a loft and a 3 piece washroom, a 15' x 22' workshop, stamped concrete patio with firepit, and a generous garden. A rare opportunity to enjoy modern comfort, rustic charm, and country living. (id:63159)
Values & Trends
This listing
$473/sqft
Building average
—
No other active listings in this building
NW Salmon Arm average
$634/sqft
12 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
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Shuswap SDA(Independent) | Elementary/Middle | 6.1 km |
| Salmon Arm West Elementary | Elementary | 6.2 km |
| J.L. Jackson Secondary | Secondary | 6.6 km |
| Salmon Arm Storefront | Secondary | 6.6 km |
| Bastion Elementary | Elementary | 6.8 km |
| Salmon Arm Secondary | Secondary | 6.8 km |
| North Canoe Elementary | Elementary | 7.3 km |
| South Broadview Elementary | Elementary | 7.7 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.
School district: Okanagan-Shuswap (SD83)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($69,500) — 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.