Active

$589,000

4421 73 Avenue NE, Salmon Arm, BC

5-bedroom, 3-bathroom single family at 4421 73 Avenue NE in Salmon Arm, BC currently offered at $589,000.

Beds: 5
Baths: 3
Sq Ft: 1884
Built: 2006

Property Specifications

Annual Taxes: $4,320
Lot Size: 0.26 acres
Water Source: Municipal water
Sewer / Septic: Municipal sewage system
Heating: Baseboard heaters, Forced air, Overhead Heaters, See remarks
Parking: 3 spaces
Ownership Type: Freehold

The Property

PRIVATE .26-ACRE PROPERTY ON A NO THROUGH ROAD IN CANOE - A fantastic opportunity to own a versatile property in the heart of Canoe! Situated on a private .26-acre lot on a quiet no-through road, this property is perfect for investors or homeowners looking to offset their mortgage with excellent rental income. Currently generating $1,850 per month from a long term tenant and the other unit is vacant, this is an opportunity you won't want to miss. The home offers two self-contained living spaces. One side features 3 bedrooms, 1 bathroom, and an open kitchen, living, and dining area. The second side offers 2 bedrooms and 2 bathrooms, with a bright, spacious layout that includes a large kitchen with island, open-concept living and dining area, and a generous primary bedroom complete with a walk-in closet and private ensuite. Originally a 2-bedroom, 2-bath modular home, the property was professionally expanded with a permitted addition in 2013. Each residence enjoys its own private yard space and dedicated parking, providing excellent privacy for occupants. Located just a short walk from the beach and scenic walking trails, you'll also appreciate the convenient proximity to golf, parks, the elementary school, the local corner market, and the popular Canooligans restaurant. Whether you're looking for a smart investment or a home with built-in income potential, this property is well worth your consideration. (id:63761)

Local Area Context • Salmon Arm

Living in Salmon Arm

The regional hub and service anchor of the Shuswap, providing year-round municipal infrastructure, healthcare, education, and a fully operational small-city economy.

Local Due Diligence & Property Realities

Daily experience varies significantly by neighbourhood. The downtown and harbourfront core offers genuine walkability with local shops and dining, but higher-elevation neighbourhoods like Hillcrest or Raven shift toward vehicle dependency and distinct winter challenges. Because of elevation change, hillside neighbourhoods often receive substantially more snow than lake-level areas. While upland districts offer larger lots and proximity to schools, they require comfort with steep winter commutes and the necessity of private snow clearing on steep driveways. The city's urban boundaries are tightly constrained by protected Agricultural Land Reserve (ALR) farmland, creating a reality where modern subdivisions sit directly adjacent to active agricultural operations. Residents must navigate "Right to Farm" provisions, which prioritize agricultural production — meaning seasonal smells, noise, and dust from farming operations are a practical consideration.

First-party area intelligence by Jeff Ragsdale, REALTOR®Full Salmon Arm Area Guide