Active

$599,000

1231 1 Street SE, Salmon Arm, BC

5-bedroom, 2-bathroom single family at 1231 1 Street SE in Salmon Arm, BC currently offered at $599,000.

Beds: 5
Baths: 2
Sq Ft: 2088
Built: 1967

Property Specifications

Annual Taxes: $5,620
Lot Size: 0.12 acres
Water Source: Municipal water
Sewer / Septic: Municipal sewage system
Heating: Forced air, See remarks
Ownership Type: Freehold

The Property

One of the best values on the market, this extensively renovated property offers exceptional flexibility and income potential with a separate 2-bedroom suite to help offset your mortgage from day one. The main home features 3 bedrooms, while both living spaces have been thoughtfully updated throughout. Major improvements completed in 2023 include new vinyl flooring, renovated kitchens and bathrooms, new appliances, washer and dryer sets for both units, hot water tanks, exterior doors, window coverings, and upgraded 200-amp electrical service with separate panels. Additional updates include a high-efficiency furnace in 2022, central A/C for the upper level in 2023, and updated vinyl sliding doors and windows. Conveniently located close to downtown, parks, and amenities, this is an excellent opportunity for investors, first-time buyers, or anyone looking for a quality home with a mortgage helper. (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