Property Type: OtherOwnership: Leasehold

6592 Trans Canada Highway Unit# 53

Salmon Arm, BC V1E4M2

$179,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.03 acres

Ownership & Fees

Property type
Other
Ownership
Leasehold
Annual property tax
$0

Interior

Fireplace
None

Exterior & Lot

View
Lake view, Mountain view, View of water, View (panoramic)

Restrictions & Policies

Pets
Allowed
Rentals
Not allowed

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

Listing Information

MLS®
10392799
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: Fair Realty (Sorrento) · Data source: CREA DDF.

Description

53-6692 Glen Echo resort, this is a prime water front location ready for you to enjoy this affordable turn key lake front lot. Enjoy this great location for your Shuswap Lake lifestyle from May 1st till October 15th each year weather permitting. This is an annual seasonal lease site which includes water and power. This site is all set up and ready with partially covered deck, and outdoor kitchen area and bunkie and more. Glen Echo resort is a gated resort and has full time onsite managers as well as laundry amenities and swimming area, plus dog beach area. Annual lease for 2026 is 6,039.64 this is paid in two payment in November and March each year. Glen Echo has a railway gate crossing, please ask for showing instructions. There is a right of first refusal process upon accepted offer, for the current shareholders and seasonal lease holders please ask for this prior to writing an offer. There is no sewer hookup to this lot, a septic pump truck is in the park weekly and each pump out of the RV tank is $15.00. There is one parking spot and any additional vehicles may park in the common area, Turnkey Rv included ask for photos and check out 3D tour. (id:63159)

Values & Trends

This listing

Building average

No other active listings in this building

NW Salmon Arm average

$805/sqft

1 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

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

SchoolTypeDistance
Shuswap SDA(Independent)Elementary/Middle5.3 km
J.L. Jackson SecondarySecondary6.2 km
Bastion ElementaryElementary6.3 km
Salmon Arm SecondarySecondary6.3 km
Salmon Arm StorefrontSecondary6.4 km
Salmon Arm West ElementaryElementary6.5 km
North Canoe ElementaryElementary6.6 km
South Broadview ElementaryElementary7.3 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)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($8,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$143,200.00
Periodic payment — Principal & Interest (monthly)$923.88
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$923.88
Interest paid over 5-yr term$41,041.53
Balance at end of term$128,808.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$8,950
Stress test qualifying rate8.09%
Payment you must qualify for$1,307.62

Cash Needed at Closing

Minimum down payment$8,950
Estimated BC PTT$1,790
Legal / closing costs (typical estimate)$1,500
Total cash needed$12,240

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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