320 Okanagan Avenue SE, Salmon Arm

2025-04-28

320 Okanagan Avenue SE, Salmon Arm, British Columbia

4 Bed 2 Bath 2735 ft² 3 Garage
For Sale Single Family
$699,000

MLS®#10345252

Developers R-10 zoning, potential for main level commercial with 5 levels of residential above, listing has 2 legal lots for a total of .23 acres 2500+ sq.ft home with 2 bedrooms on the main floor and a two bedroom non-conforming suite above, useable basement for storage or rec room, home has gas fireplace, some wood floors, big bright windows, unique design, workshop area, large treed yard, Close to City Center. Lake and mtn views on upper floors. Potential for commercial, high density residential. Corner lots, short walk to downtown. Great investment property and rental income while you wait to develop. main level rented for $2400 a month plus utilities and the upstairs is still at the reduced rent to a friend for $1000+ utilities but has been as high as $1500 a month (id:32467)

Building Single Family
Rooms
Bedrooms 4
Bathrooms 2
Square Footage 2735 ft²
Built in 1920
Parking Type 3
Neighbourhood Salmon Arm

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 2.5% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950

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Yes, and yes.

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