Property Type: Land / LotOwnership: Freehold

Lot A Sayward Avenue

Salmo, BC V0G1Z0

$63,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.12 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$0

Interior

Fireplace
None

Listing Information

MLS®
10387881
Listed
May 19, 2026
Time on market
On the market for 105 days
Data last synced
August 28, 2026

Listing provided by: Bennett Family Real Estate · Data source: CREA DDF.

Description

Prime development opportunity in the heart of downtown Salmo! These two side by side, level lots are available to purchase individually or together, offering incredible flexibility for buyers, builders, or investors. Each lot is .124 of an acre. Enjoy the ultimate convenience of a highly walkable location, situated just steps from local shops, cafes, schools, and parks. With the new Village of Salmo proposed OCP, a new land use designation will allow for more uses for these lots, whether residential or commercial development, this central property provides the perfect canvas for your vision. (id:63159)

Location Insights

Weather

Nearest station: Trail

15°C

Humidity 64%

Wind WNW 5 km/h

Tonight

10°

Tuesday

27°

Tuesday night

13°

Wednesday

20°

Wednesday night

12°

Thursday

18°

Source: Environment and Climate Change Canada.

Population

1,140

(2021 Census)

-0.1% since 2016

Density: 467.2/km²

Dwellings: 599

Median household income: $54,400

After-tax: $50,000

Immigrant population: 6.6%

Top countries of origin (% of total population)

  • United Kingdom2.6% · 30
  • Germany1.8% · 20

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

41

4/9 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
Salmo SecondaryK-12555 m
Salmo Elementary SchoolElementary560 m
Fruitvale ElementaryElementary21.6 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

Cafes (1)

  • The Dragon Fly Café190 m

Grocery (1)

  • Salmo Village Grocery on Main166 m

Parks (2)

  • Knights of Pythias Park129 m
  • Salmo Town Park273 m

Banks & ATMs (1)

  • Kootenay Savings481 m

Nearby places data: © OpenStreetMap contributors.

School district: Kootenay Lake (SD8)

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($3,195) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$51,120.00
Periodic payment — Principal & Interest (monthly)$329.81
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$329.81
Interest paid over 5-yr term$14,651.14
Balance at end of term$45,982.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$3,195
Stress test qualifying rate8.09%
Payment you must qualify for$466.80

Cash Needed at Closing

Minimum down payment$3,195
Estimated BC PTT$639
Legal / closing costs (typical estimate)$1,500
Total cash needed$5,334

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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