6592 Trans Canada Highway Unit# 73
Salmon Arm, BC V1E4M2
$159,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.05 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Leasehold
- Annual property tax
- $0
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10389807
- Listed
- June 2, 2026
- Time on market
- On the market for 90 days
- Data last synced
- August 28, 2026
Listing provided by: Homelife Salmon Arm Realty.Com · Data source: CREA DDF.
Description
Enjoy affordable lakeside ownership with this unique opportunity to own a 1/20th share of Glen Echo Resort, a well-maintained waterfront community offering the perfect blend of recreation, relaxation, and investment potential. Spend your summers enjoying all that lake life has to offer, including a beautiful beach area, designated swimming area, playground, volleyball court, and a peaceful park-like setting. The property features a spacious sun deck with modern glass railings, providing the perfect place to soak up the sunshine and take in the surrounding views. Owners benefit from access to excellent on-site amenities, including laundry facilities, a security gate for added peace of mind, and a full-time on-site manager who helps ensure the resort is professionally maintained and running smoothly. In addition to the recreational lifestyle, ownership includes a share in the income generated from approximately 60 RV sites, with revenue distributed among the 20 owners. This creates an attractive combination of personal enjoyment and investment value. Whether you're looking for a summer retreat, a place to create lasting family memories, or an opportunity to enjoy waterfront living at a fraction of the cost of traditional lakefront ownership, this property is well worth your consideration. Come experience the charm, community, and value that Glen Echo Resort has to offer—you'll be glad you did! (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)
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.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Shuswap SDA(Independent) | Elementary/Middle | 5.2 km |
| J.L. Jackson Secondary | Secondary | 6.1 km |
| Bastion Elementary | Elementary | 6.2 km |
| Salmon Arm Secondary | Secondary | 6.2 km |
| Salmon Arm Storefront | Secondary | 6.2 km |
| Salmon Arm West Elementary | Elementary | 6.3 km |
| North Canoe Elementary | Elementary | 6.5 km |
| South Broadview Elementary | Elementary | 7.1 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.
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% ($7,950) — 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.