Property Type: Land / LotOwnership: Freehold

Vector Road Lot# 11

Salmo, BC V0G1Z0

$29,900

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Property Details

Property & Lot

Sub-type
Other
Lot size
0.36 acres

Ownership & Fees

Property type
Land / Lot
Ownership
Freehold
Annual property tax
$99

Interior

Fireplace
None

Listing Information

MLS®
10381165
Listed
April 3, 2026
Time on market
On the market for 151 days
Data last synced
August 28, 2026

Listing provided by: RE/MAX All Pro Realty · Data source: CREA DDF.

Description

Opportunity awaits in sunny Salmo! This .36-acre parcel is priced to sell and offers incredible potential for those looking to build, invest, or create something new. With no zoning in place, you have the flexibility to bring your vision to life. The property is being sold as is, where is and currently contains debris from the original owner, including an RV structure.(Seller is working on having this removed) With some cleanup, this lot could be transformed into a fantastic space tailored to your needs. Conveniently located with electricity available along Vector Road right at the property line, adding services is that much easier. Salmo is a vibrant and growing community known for its outdoor lifestyle and small-town charm. Enjoy access to a local ski hill, golf course, recreation centre with pool, gym, grocery stores, great restaurants, brew pubs, and schools. Surrounded by endless hiking and fishing opportunities, this area is perfect for those who love the outdoors. Bring your ideas and make the most of this affordable opportunity in a beautiful setting! (id:63159)

Location Insights

Weather

Nearest station: Trail

18°C

Humidity 50%

Wind NNW 2 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.

Nearby Schools

SchoolTypeDistance
Salmo Elementary SchoolElementary8.2 km
Salmo SecondaryK-128.4 km
Fruitvale ElementaryElementary21.3 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: Kootenay Lake (SD8)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 5.0% ($1,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$23,920.00
Periodic payment — Principal & Interest (monthly)$154.32
Additional monthly expenses (strata, tax, utilities, etc.)$8.25
Total monthly cost$162.57
Interest paid over 5-yr term$6,855.54
Balance at end of term$21,516.12

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$1,495
Stress test qualifying rate8.09%
Payment you must qualify for$218.42

Cash Needed at Closing

Minimum down payment$1,495
Estimated BC PTT$299
Legal / closing costs (typical estimate)$1,500
Total cash needed$3,294

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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