Property Type: TownhouseOwnership: Strata

831 2nd Street SE Unit# 204

Salmon Arm, BC V1E1S6

$295,000

2 bed1 bath775 sqftBuilt 1996
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Stories
1

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$254/mo
Annual property tax
$1,733

Maintenance Fee Includes

GarbageManagement

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

Interior

Heating
Baseboard heaters
Cooling / A/C
Wall unit
Fireplace
None

Parking

Features
Stall

Room Dimensions

RoomLevelDimensions
Laundry roomMain level4'11'' x 5'8''
BedroomMain level9'11'' x 9'11''
4pc BathroomMain level5' x 7'9''
KitchenMain level9'10'' x 10'11''
Dining roomMain level12'2'' x 15'2''
Living roomMain level11'1'' x 14'6''
Primary BedroomMain level9'9'' x 14'2''

Listing Information

MLS®
10397283
Listed
August 24, 2026
Time on market
On the market for 7 days
Data last synced
August 28, 2026

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

Description

Welcome to Country Gate complex, 831 2nd Street SE. Built in 1996, this spacious & bright well maintained 2 bedroom 1bath top floor unit, offers comfortable and convenient living. Separate laundry room with a little bit of storage. Fridge, stove, dishwasher, washer and dryer included. Sliding doors off the living room open onto your covered deck, perfect for relaxing, also has front balcony. Enjoy the added security and convenience with the locked and heated storage unit. Enjoy the added benefits of your own designated parking spot right out front and some visitor spaces. No age restrictions. Pets are welcome, 2 allowed per Unit upon strata approval (no dogs taller than 16"" at the shoulder). Well maintained strata w/lower strata fees. Great starter home, downsizing or investment property. Quiet complex close to town, bus stop close by, within walking distance to downtown Salmon Arm. This is a very desirable complex and this Unit will most likely sell fast. (id:63159)

Values & Trends

This listing

$381/sqft

Building average

No other active listings in this building

SE Salmon Arm average

$326/sqft

5 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

22

6/9 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 StorefrontSecondary366 m
J.L. Jackson SecondarySecondary1.3 km
Hillcrest ElementaryElementary1.6 km
Shuswap Middle SchoolMiddle2.2 km
King's Christian School(Independent)K-122.5 km
Bastion ElementaryElementary2.5 km
South Broadview ElementaryElementary2.6 km
Salmon Arm SecondarySecondary2.9 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+)

  • Namaste659 m
  • Jade Buffet688 m
  • Wings708 m
  • White Spot728 m
  • Boston Pizza765 m

Cafes (2)

  • Java Jive Neighbourhood Bistro · 190A Trans Canada Highway Northeast748 m
  • Blue Canoe Bakery and Cafe770 m

Grocery (1)

  • No Frills771 m

Parks (4)

  • Unnamed513 m
  • Hero War Memorial701 m
  • Blackburn Park731 m
  • Fletcher's Park756 m

Shopping (1)

  • Centenoka Park Mall · 360 Trans-Canada Highway726 m

Banks & ATMs (1)

  • HoneyBadger Bitcoin ATM738 m

Nearby places data: © OpenStreetMap contributors.

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% ($14,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$236,000.00
Periodic payment — Principal & Interest (monthly)$1,522.59
Additional monthly expenses (strata, tax, utilities, etc.)$437.14
Total monthly cost$1,959.73
Interest paid over 5-yr term$67,638.28
Balance at end of term$212,282.76

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$14,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,155.02

Cash Needed at Closing

Minimum down payment$14,750
Estimated BC PTT$3,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$20,150

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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