Property Type: Detached HouseOwnership: Freehold

7310 51 Street NE

Salmon Arm, BC V0E1K0

$539,000

4 bed2.5 bath1 parking1,607 sqftBuilt 1920
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Property Details

Property & Lot

Sub-type
House
Stories
2
Lot size
0.11 acres
Frontage
50 feet

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$2,685.66

Interior

Basement
Full
Heating
Forced air, Electric, See remarks
Cooling / A/C
Window air conditioner
Fireplace
None
Flooring
Laminate, Carpeted, Linoleum

Exterior & Lot

Exterior features
Stucco

Building

Roof
Asphalt shingle, Unknown

Parking

Total spaces
1 — covered indicated
Features
Attached Garage, Additional Parking

Room Dimensions

RoomLevelDimensions
FoyerMain level7'11'' x 7'10''
2pc BathroomBasement7'4'' x 6'9''
Family roomBasement16'7'' x 18'9''
BedroomBasement11'8'' x 15'9''
BedroomMain level13'3'' x 7'5''
BedroomBasement11'7'' x 13'9''
Primary BedroomMain level7'8'' x 15'7''
4pc BathroomMain level5'8'' x 7'7''
Living roomMain level15'7'' x 13'3''
KitchenMain level14'11'' x 13'5''

Listing Information

MLS®
10389091
Listed
May 27, 2026
Time on market
On the market for 96 days
Data last synced
August 28, 2026

Listing provided by: REMAX Shuswap · Data source: CREA DDF.

Description

Great value in Canoe! Enjoy the convenience of being within walking distance to the wharf, beach, convenience store, elementary school, trails, and local restaurant from this charming 4-bedroom family home. Originally built in the 1920s, this character home was believed to have been placed on a concrete foundation and substantially upgraded in the 1960s, with many substantial and tasteful updates completed over the years. Recent improvements include a new 40-year roof (2018), a new deck (2022), newer carpeting, and some fresh paint throughout. The bright and functional main floor features a spacious kitchen and dining area that flows into the cozy living room, along with two bedrooms and a full bathroom. The lower level offers additional living space with two more bedrooms, a family/media room, and a convenient two-piece bathroom combined with laundry. Step outside to enjoy the beautifully fenced backyard complete with a large deck, garden areas, storage shed, and fire pit — an ideal space for entertaining, gardening, or relaxing with family and friends. Rear lane access provides additional parking opportunities and added flexibility. Situated in an ideal family-friendly neighbourhood with quiet, flat streets perfect for evening walks, bike rides, and enjoying the welcoming community atmosphere. (id:63159)

Values & Trends

This listing

$335/sqft

Building average

No other active listings in this building

NE Salmon Arm average

$397/sqft

66 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

22

2/9 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
North Canoe ElementaryElementary752 m
Shuswap SDA(Independent)Elementary/Middle1.9 km
Salmon Arm SecondarySecondary4.9 km
Bastion ElementaryElementary5.3 km
South Broadview ElementaryElementary5.8 km
King's Christian School(Independent)K-125.9 km
J.L. Jackson SecondarySecondary6.4 km
Shuswap Middle SchoolMiddle6.5 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 (1)

  • Canooligans · 4940 Canoe Beach Drive Northeast126 m

Parks (1)

  • Unnamed162 m

Nearby places data: © OpenStreetMap contributors.

School district: Okanagan-Shuswap (SD83)

Mortgage & Ownership Cost Calculator

Minimum required: 5.4% ($28,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$431,200.00
Periodic payment — Principal & Interest (monthly)$2,781.96
Additional monthly expenses (strata, tax, utilities, etc.)$303.80
Total monthly cost$3,085.76
Interest paid over 5-yr term$123,583.16
Balance at end of term$387,865.79

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$28,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,922.49

Cash Needed at Closing

Minimum down payment$28,900
Estimated BC PTT$8,780
Legal / closing costs (typical estimate)$1,500
Total cash needed$39,180

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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