261 7 Street Se, Salmon Arm

Laundry room - 261 7 Street Se, Salmon Arm, BC V1E1M1 Photo 1

60 Photos

Kitchen - 261 7 Street Se, Salmon Arm, BC V1E1M1 Photo 2
Bedroom - 261 7 Street Se, Salmon Arm, BC V1E1M1 Photo 3
4pc Bathroom - 261 7 Street Se, Salmon Arm, BC V1E1M1 Photo 4
Laundry room - 261 7 Street Se, Salmon Arm, BC V1E1M1 Photo 5
Bedroom - 261 7 Street Se, Salmon Arm, BC V1E1M1 Photo 6
Bedroom - 261 7 Street Se, Salmon Arm, BC V1E1M1 Photo 7
  • Bedrooms: 5
  • Bathrooms: 3
  • Living area: 2351 square feet
  • MLS®: 10309287
  • Type: Residential
  • Added: 21 days ago

Property Details

GREAT INVESTMENT OPPORTUNITY! Welcome to 261 7th Street SE, a fantastic property located in downtown Salmon Arm. This versatile property is ideal for investors or those looking for a home with a mortgage helper. Featuring a total of 5 bedrooms and 3 baths, this home offers ample space for extended family living. The main level boasts 2 bedrooms, an office, and a spacious living area. Enjoy the convenience of a gas stove, plenty of cabinet space, and beautiful hardwood cabinetry with soft-close doors in the kitchen. Step out onto the lovely deck off the living room and soak in the stunning lake views while sipping your morning coffee. Downstairs, you'll find a bonus bedroom and a convenient laundry room. The renovated non-legal suite comes with its own separate entrance, ensuring privacy for tenants. With 2 bedrooms, its own laundry facilities, and a soundproof ceiling, this suite provides comfortable and independent living space. Additional features include updated windows, flooring, and a small workshop for your DIY projects. There's plenty of parking available, and the downtown location provides easy access to all amenities. Don't miss out on this opportunity to own a well-maintained property with income potential in a prime location. Schedule your viewing today and imagine the possibilities! (id:1945)

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Property Information

  • Roof: Asphalt shingle, Unknown
  • View: Lake view, Mountain view
  • Sewer: Municipal sewage system
  • Zoning: Unknown
  • Heating: Forced air, See remarks
  • List AOR: Interior REALTORS®
  • Stories: 2
  • Basement: Full
  • Flooring: Tile, Laminate, Carpeted, Other, Linoleum
  • Year Built: 1964
  • Appliances: Dishwasher, Dryer
  • Living Area: 2351
  • Lot Features: Central island
  • Photos Count: 60
  • Water Source: Municipal water
  • Lot Size Units: acres
  • Parcel Number: 006-659-331
  • Parking Total: 6
  • Bedrooms Total: 5
  • Structure Type: House
  • Common Interest: Freehold
  • Parking Features: See Remarks
  • Street Dir Suffix: Southeast
  • Tax Annual Amount: 2914
  • Exterior Features: Stucco
  • Community Features: Pets Allowed
  • Lot Size Dimensions: 0.14
Room Dimensions
Type Level Dimensions
Laundry room Basement 7'0'' x 11'9''
Kitchen Basement 13'5'' x 12'5''
Bedroom Basement 11'3'' x 9'11''
4pc Bathroom Basement 7'1'' x 6'7''
Laundry room Basement 6'2'' x 7'11''
Bedroom Basement 9'4'' x 12'10''
Bedroom Main level 5'8'' x 9'7''
Living room Main level 24'2'' x 12'1''
Primary Bedroom Main level 11'3'' x 13'2''
Kitchen Main level 16'9'' x 13'2''
Bedroom Main level 11'8'' x 10'7''
4pc Bathroom Main level 7'1'' x 7'0''
3pc Ensuite bath Main level 6'5'' x 5'2''
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
Subway Meal takeaway 250 Trans-Canada Hwy NE 0.4 km
Shuswap Chefs Restaurant 551 Trans-Canada Hwy 0.5 km
Hedi's Restaurant & lounge Restaurant 250 Alexander St NE 0.5 km
Tim Hortons Cafe 270 4 St NE 0.5 km
Salmon Arm Storefront School Salmon Arm 0.5 km
Shuswap Middle School School Salmon Arm 0.5 km
Salmon Arm The City also boasts a unique, picturesque downtow... 0.6 km
McGuire Lake Park, Salmon Arm, BC Park 599 10th St NE 0.6 km
Sushi Kotan Japanese Restaurant Restaurant 351 Alexander St NE 0.6 km
Boston Pizza Bar 100 Trans-Canada Hwy 0.8 km
Podollan Inn Lodging 1460 Trans Canada Hwy NE 0.8 km
Table 24 Restaurant 1460 Trans-Canada Hwy 0.8 km
Similar Houses Stat in Salmon Arm
We have found 6 Houses that closely match the specifications of the property located at 261 7 Street Se with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 443,900 and 799,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1E1M1 postal code area of Salmon Arm British Columbia Canada.
261 7 Street Se mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 261 7 Street Se. The current price of the property is $640,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $512,000. This would result in a monthly mortgage payment of $2,993 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 15
University / Below bachelor level 15
Certificate of Qualification 10
College 25
University degree at bachelor level or above 25

Neighbourhood Marital Status Stat

Married 140
Widowed 45
Divorced 55
Separated 25
Never married 95
Living common law 45
Married or living common law 185
Not married and not living common law 220

Neighbourhood Construction Date

1961 to 1980 125
1981 to 1990 10
1991 to 2000 20
2001 to 2005 10
2006 to 2010 20
1960 or before 45
Comparison of 261 7 Street Se, Salmon Arm, BC with Nearby Houses
Nearby Cities Listings Avg. price
Tappen Homes for Sale 51 $851.039
Blind Bay Homes for Sale 104 $1.037.904
Anglemont Homes for Sale 69 $471.593
Sicamous Homes for Sale 96 $707.086
Enderby Homes for Sale 107 $863.471
Armstrong Homes for Sale 79 $934.306
Sun Peaks Homes for Sale 62 $885.360
Barriere Homes for Sale 55 $665.084
Popular Cities Listings Avg. price
Kamloops Homes for Sale 742 $798.569
Kelowna Homes for Sale 1408 $1.129.786
West Kelowna Homes for Sale 414 $942.016
Vernon Homes for Sale 861 $831.686
Penticton Homes for Sale 624 $792.158
Osoyoos Homes for Sale 405 $693.719
Mission Homes for Sale 303 $1.296.290
Chilliwack Homes for Sale 555 $1.062.434
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