22 Street NE

Salmon Arm | British Columbia

The Soul of

Raw Beauty

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Rachel Stone

Presented At

$646,017

Bedrooms

Bathrooms

Living

2,932

SQFT

Stone Countertops

Air Conditioning

Washer Dryer

Bar

Laundry Room

Walk In Closet

Basement

Terrace

Garage

Parking

Garden

Balcony

Fire Pit

Gate

Water View

Mountain View

1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada. - Photo 1

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1660

22 Street NE

Salmon Arm | British Columbia

1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada. , Salmon Arm , British Columbia

Desirable Salmon Arm Home

Beautiful family home in Salmon Arm offering a desirable location and main floor living, ready for you to move-in! This property features a prime location in Northeast Salmon Arm, only a short walk to Salmon Arm Secondary School and Bastion Elementary School. The property is also located close to local amenities such as restaurants, grocery stores, hiking trails, and only a five minute drive to downtown. With income potential from the non-conforming suite, this property has everything you need. The main floor offers a primary bedroom with a walk-in closet and five piece ensuite, kitchen with a pantry, dining area stepping out onto the balcony, living area, two guest bedrooms, and a mudroom off the double garage with laundry. The basement features a non-conforming suite for income potential, with a bedroom, kitchen, living area, four piece bathroom, laundry, and the option to add the studio style bedroom with living area to the suite or to close it off for your own use. The basement can easily be converted back into additional space for you and your family if desired. Outside, this property is fully landscaped to be fairly low maintenance with a lawn in the front and back, storage shed, and plenty of parking. Whether you are looking for the ideal family home, a retiree looking for main-floor living with a low maintenance yard, or a young professional looking for your first home, this property has something special to offer.

Gallery

3D Street View Tour

Property Location

1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada., Salmon Arm British Columbia

Local Weather & Climate

Salmon Arm, British Columbia

Current Conditions Updated recently

38 °F

Light rain

Feels Like 38°F

Humidity 48%

Wind 1 mph

Visibility 2.2 mi

Sunrise 2:10 PM

Sunset 2:01 AM

5-Day Forecast

Mon 16 Mar

Snow

High 38°

Low 32°

Tue 17 Mar

Clouds

High 46°

Low 31°

Wed 18 Mar

Clouds

High 50°

Low 40°

Thu 19 Mar

Clouds

High 53°

Low 44°

Fri 20 Mar

Clouds

High 59°

Low 43°

Data from OpenWeatherMap

Walkability & Transit Scores

How easy is it to get around Salmon Arm?

Walkability and transit scores for this address come from the EPA National Walkability Index.

Mortgage Calculator

Estimate your monthly payments for this property

Home Price

Down Payment

C$100,000

Interest Rate

Loan Term

Estimated Monthly Payment $3,160

Monthly Payment Breakdown

Principal & Interest $2,528

Loan Amount $400,000

Total Interest $337,621

Total Cost $737,621

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Important Information

This calculator is for illustrative purposes only and does not constitute a loan offer, pre-approval, or commitment to lend.
Monthly payment estimates do not include property taxes, homeowner's insurance, HOA fees, or other applicable costs which may significantly increase your actual payment.
Interest rates shown are for demonstration only. Actual rates depend on your credit score, down payment, loan type, property location, and current market conditions.
This tool provides estimates only. Consult with a licensed mortgage professional for accurate quotes and personalized advice.
Tax benefit calculations are simplified estimates based on general assumptions for Canada. Actual deductions depend on your specific tax situation, filing status, and current tax laws.
Tax Year Information: Tax data shown is based on Canada tax year 2025 (fiscal year: January-December), rules effective from 1972. Tax laws change frequently and may have been amended since this data was compiled.

Limitation of Liability: By using this calculator, you acknowledge that all results are approximations and should not be relied upon for financial, legal, or tax decisions. openluxe, its affiliates, officers, directors, employees, and agents expressly disclaim all liability for any damages, losses, or consequences arising from the use of or reliance on this calculator or the information provided herein. openluxe is not a lender, financial advisor, or tax professional and does not provide mortgage loans, financial advice, or tax advice. Use of this calculator does not create any professional relationship.

$895,000

1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada.

Salmon Arm, British Columbia

5 Beds

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Market Opinion

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Our perspective on current market conditions in Salmon Arm. For informational purposes only — always consult a licensed real estate professional before making decisions.

Market Analysis

International luxury real estate typically appreciates steadily over time.

Buyer Score

Estimated regional appreciation: 4% annually

Ultra-luxury properties tend to be more resilient during market downturns

Future Value & Wealth Building

Starting investment: $64,601,700 20% down ($12,920,340)

Investment Perspective

$1 → $1.36

Every dollar invested today could become $1.36 in 10 years

$100 → 136 $1,000 → $1,362

$5,551/day

Your home may appreciate while you sleep

$38,965/week $168,849/mo $2,026,191/yr

$100K Investment Comparison (10 Years)

Real Estate (Leveraged)

$281K

S&P 500 Index

$259K

High-Yield Savings

$155K

Real estate leverage: potential 8% advantage over stocks

-$35.5M

+$50.4M

$50.4M Potential Equity

vs $35.5M lost to rent over 10 years

$12.9M Down Payment Growth

3.9x

10yr

$50.4M

8.1x

20yr

$104.4M

12.6x

30yr

$163.2M

Wealth Comparison

×388

Equivalent to 388 average US homes

top 5%

US household wealth ranking

Median: $193K Yours: $163.2M

Time to Double Your Investment (accounting for market cycles)

42.4

years

Conservative

1.65% effective/yr

22.4

years

Market-Based

3.14% effective/yr

15.3

years

Optimistic

4.62% effective/yr

Projected Home Values (adjusted for market cycles)

10 Years

Conservative $76.1M +18%

Market $88.0M +36%

Optimistic $101.5M +57%

$50.4M est. equity

20 Years

Conservative $89.6M +39%

Market $119.8M +85%

Optimistic $159.5M +147%

$104.4M est. equity

30 Years

Conservative $105.5M +63%

Market $163.2M +153%

Optimistic $250.7M +288%

$163.2M est. equity

These projections are estimates only and actual results may vary. Past performance does not guarantee future results.

Important Disclaimer

The information presented in this Market Opportunity Opinion is provided for informational and educational purposes only and should not be construed as financial, investment, legal, or real estate advice. This analysis represents our opinion based on publicly available data and should not be relied upon as the sole basis for any real estate or investment decision.

No Guarantee of Accuracy: While we strive to provide accurate and up-to-date information, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, or suitability of the data, projections, or analysis contained herein. Market conditions can change rapidly and unpredictably.

Not Professional Advice: This content does not constitute professional real estate, financial, or investment advice. We strongly recommend consulting with qualified professionals—including licensed real estate agents, financial advisors, attorneys, and tax professionals—before making any real estate or investment decisions.

Past Performance Disclaimer: Historical data and trends presented do not guarantee future results. Real estate markets are subject to numerous factors beyond the scope of this analysis, including economic conditions, interest rates, local regulations, and unforeseen events.

By viewing this information, you acknowledge that you understand these limitations and agree that the property owner, listing agent, brokerage, and platform providers shall not be held liable for any decisions made based on this analysis.

Data from World Bank and regional real estate market research | Estimates based on historical appreciation trends

Frequently Asked Questions

Common questions about this property

How many bedrooms and bathrooms does 1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada have?

This house at 1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada features 5 bedrooms with 2,932 square feet of living space.

What is the size of 1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada?

This property offers 2,932 square feet of living space.

What is the listing price for 1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada?

This property is listed at $64,601,700, which equals $22033 per square foot.

Is now a good time to buy a home in Salmon Arm?

Based on current market indicators, Salmon Arm shows an active market. The market opportunity score is 65 out of 100, reflecting factors like price trends, inventory levels, and days on market.

What type of property is 1660 22 Street NE, Salmon Arm, BC V1E 0A8, Salmon Arm, British Columbia, Canada?

This is a house located in Salmon Arm, British Columbia. The property is situated in an established neighborhood with convenient access to local amenities and services.

Brokerage: