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1120 Shuswap Street SE, Salmon Arm, British Columbia, V1E 1G2

MLS® # 10359451
House For Sale In Salmon Arm, British Columbia
$959,000 QuickQuoteTM: $856K - $1.1M

8 Beds

4 Baths

1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor With Exterior
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Living Room
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Kitchen
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bedroom
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bathroom
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor With Exterior
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bedroom
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bedroom
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bathroom
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Garage
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Other
1120 Shuswap Street Se, Salmon Arm, BC - Other
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor With Exterior
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Living Room
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Kitchen
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bedroom
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bathroom
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor With Exterior
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bedroom
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bedroom
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Bathroom
1120 Shuswap Street Se, Salmon Arm, BC - Indoor Photo Showing Garage
1120 Shuswap Street Se, Salmon Arm, BC - Indoor
1120 Shuswap Street Se, Salmon Arm, BC - Other
1120 Shuswap Street Se, Salmon Arm, BC - Other
1120 Shuswap Street Se, Salmon Arm, BC - Outdoor
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Are you a real estate investor?
1120 Shuswap Street SE, Salmon Arm, British Columbia, V1E 1G2
$959,000

8 Beds

4 Baths

Property Information:

Investment Opportunity with Development Upside Here’s your chance to own a fully rented 4-plex on a half-acre lot with approved plans in place to expand to 10 units. Whether you’re a seasoned investor or a builder looking for your next project, this property checks a lot of boxes. The current 4-plex brings in steady rental income, giving you cash flow while you line up your next steps. The lot is flat, easily accessible, and in a growing area with strong rental demand — all the groundwork is done. Approved Drawings and plans, engineering reports, environmental and more. Plans for an additional four plex and two units in the basement have already been approved, so you can hit the ground running. With location, income, and potential all working in your favour, this is a rare find. (id:27)

Building Features:

  • Style: Detached
  • Building Type: Fourplex
  • Architectural Style: Rancher
  • Floor Space: 2970 sqft
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 8
  • Bathrooms: 4
  • Built in: 1960
  • Floor Space (approx): 2970 Square Feet
  • Sewer: Municipal sewage system
  • Parking Type:

Rooms:

  • Bathroom Main Level 5'6'' x 7'3''
  • Bedroom Main Level 10'6'' x 11'11''
  • Primary Bedroom Main Level 10'10'' x 11'3''
  • Kitchen Main Level 8' x 9'
  • Living Main Level 15'3'' x 11'3''
  • Bathroom Main Level 5'1'' x 7'3''
  • Bedroom Main Level 10'8'' x 11'8''
  • Primary Bedroom Main Level 10'11'' x 11'3''
  • Kitchen Main Level 8'6'' x 7'7''
  • Living Main Level 15'3'' x 11'3''
  • Bathroom Main Level 5'6'' x 7'3''
  • Bedroom Main Level 10'6'' x 11'11''
  • Primary Bedroom Main Level 10'10'' x 11'3''
  • Kitchen Main Level 8' x 9'
  • Living Main Level 15'3'' x 11'3''
  • Bathroom Main Level 5'1'' x 7'3''
  • Bedroom Main Level 10'8'' x 11'8''
  • Primary Bedroom Main Level 10'11'' x 11'3''
  • Kitchen Main Level 8'6'' x 7'7''
  • Living Main Level 15'3'' x 11'3''

Courtesy of: Homelife Salmon Arm Realty.Com

REALTOR.ca  

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Market Price Trends

Single family detached

-2.72%

Price change (1 year)

42.31%

Price change (5 years)

All Properties

-2.72%

Price change (1 year)

42.31%

Price change (5 years)

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 1120 Shuswap Street SE, Salmon Arm, British Columbia, V1E 1G2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

26 hot days expected in 2050

Projected Precipitation Risk: Moderate

15 storms expected in 2050

Projected Heat Risk: Moderate

26 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 1120 Shuswap Street SE , experiences 7 hot days per year at around 32 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 35.8 degrees Celsius.

Projected Avg. Temperature

Past
32℃
2050
35.8℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

15 storms expected in 2050

51/100

Moderate

ClimateCheck®

Current data

This property, 1120 Shuswap Street SE , experiences 12 significant 2-day storms per year, with about 221.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 261mm of precipitation per year.

Precipitation Per Storm

Past
221.4mm
2050
261mm

48-Hour Storms Per Year

Past
12
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1120 Shuswap Street SE, Salmon Arm, British Columbia, V1E 1G2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$72,226.03

Average Number of Children

1.76

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

22.31 %

High school certificate or equivalent

37.96 %

Apprenticeship trade certificate/diploma

6.41 %

College/non-university certificate

23.22 %

University Degree

10.1 %

Commuter

Travel To Work

By Car

79.83 %

By Public Transit

1.31 %

By Walking

13.81 %

By Bicycle

0.0 %

By Other Methods

5.05 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.07 %

Houses

62.93 %

Own Vs. Rent

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