1121 Shuswap Street SW, Salmon Arm

2026-02-11
 

Quick Summary

Location
1121 Shuswap Street SW, Salmon Arm, British Columbia V1E1J3
Price
$1,050,000 CAD
Status:
For Sale
Property Type:
Single Family
Area:
2976 sqft
Bedrooms:
4
Bathrooms:
2
Garages:
2
Year of Construction:
1956

MLS®#10375574

Property Description

Welcome to 1121 Shuswap Street SW, a rare opportunity to own a piece of local history. This 2.81-acre hobby farm has been cherished by the same family since 1920 and is located in the ALR with R-14 HIGH-DENSITY RESIDENTIAL ZONING, providing a perfect blend of rural potential and significant investment upside. For the forward-thinking investor, the R-14 designation (the successor to R-4) is a major asset, supporting up to 40 dwelling units per hectare and explicitly permitting multi-family dwellings, triplexes, and four-plexes. While the property’s inclusion in the Agricultural Land Reserve requires a ""Non-Farm Use"" or exclusion application for high-density development, its position in the heart of Salmon Arm makes it a prime candidate for future growth. The existing home spans over 3,000 square feet and features a basement designed with a separate suite layout in mind, offering excellent flexibility for a mortgage helper or dual-income rental stream while you navigate development plans. Outside, the park-like setting includes a pond that attracts herons, deer, and moose, all surrounded by established medicinal plants and a living fence for total privacy. Whether you are looking to raise animals and grow your own food or capitalize on the city's demand for medium-to-high density housing, this acreage provides an incredible canvas for a sustainable lifestyle or a profitable multi-unit project in the heart of Salmon Arm. (id:32467)

Property Features

Building

  • Architectural Style: Bungalow
  • Construction Style: Detached
  • Fireplace: No
  • Interior Size: 2976 sqft
  • Building Type: House
  • Stories: 1
  • Utility Water: Municipal water

Land

  • Land Size: 2.81 ac|1 - 5 acres

Ownership

  • Type: Freehold

Information entered by Coldwell Banker Executives Realty
Listing information last updated on: 2026-04-15 17:46:34


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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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