Property Type: Land / LotOwnership: Freehold

PH 3 Tatlow Road SE Lot# 4

Salmon Arm, BC V1E2P8

$315,000

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Property Details

Property & Lot

Sub-type
Other
Lot size
2.47 acres
Frontage
192 feet

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$1,296.71

Interior

Fireplace
None

Exterior & Lot

View
Mountain view

Listing Information

MLS®
10382347
Listed
April 9, 2026
Time on market
On the market for 144 days
Data last synced
August 28, 2026

Listing provided by: Homelife Salmon Arm Realty.Com · Data source: CREA DDF.

Description

2.47 acre lot with valley and mountain views on a beautiful treed lot in Ranchero Heights. This lot is a mix of gentle sloping hills and trees to provide the perfect spot to build your dream home. You've got space for a house and detached shop while being just outside city limits but still close to town. Easy access to Larch Hills ski area and 2 Championship golf courses. Well is 900' deep with 2 GPM. Minutes to town with tons of recreation available. GST Has been paid by seller. (id:63159)

Location Insights

Weather

13°C

Humidity 93%

Wind S 2 km/h

Today

26°

Tonight

12°

Wednesday

21°

Wednesday night

13°

Thursday

22°

Thursday night

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
Ranchero Elementary JuniorElementary/Middle656 m
Mountain View Christian(Independent)Elementary/Middle4.0 km
South CanoeElementary/Middle4.8 km
Grindrod ElementaryElementary5.3 km
Shuswap Middle SchoolMiddle6.8 km
Hillcrest ElementaryElementary6.9 km
King's Christian School(Independent)K-127.1 km
South Broadview ElementaryElementary7.2 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% ($15,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$252,000.00
Periodic payment — Principal & Interest (monthly)$1,625.82
Additional monthly expenses (strata, tax, utilities, etc.)$108.06
Total monthly cost$1,733.88
Interest paid over 5-yr term$72,223.92
Balance at end of term$226,674.82

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$15,750
Stress test qualifying rate8.09%
Payment you must qualify for$2,301.13

Cash Needed at Closing

Minimum down payment$15,750
Estimated BC PTT$4,300
Legal / closing costs (typical estimate)$1,500
Total cash needed$21,550

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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