$2,500,000
1091, 1131, 1171 10 Street SW
Beds
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Baths
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Sqft
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Year
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Type
Other
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Salmon Arm. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Exceptional investment opportunity in a rapidly growing and highly sought-after area of Salmon Arm. This prime development property is ideally located near the corner of 10th and 10th SW, surrounded by a mix of commercial, medium and high-density residential properties. With a total of 1.8 acres spread across 3 titles, the property is currently zoned R-10 (Residential) but is designated as Commercial City Centre in the Official Community Plan (OCP), offering a wide range of development possibilities. (id:65958)
- Subtype
- Other
- Structure
- Residential Commercial Mix
- Community
- SW Salmon Arm
- Lot size
- 1.8 acres
- Lot dimensions
- 1.8
- On market
- Jan 10, 2025
- Status changed
- Apr 24, 2026
- Photos
- 9
- MLS#
- 10331284
- Area
- SALMON_ARM
Cash on cash
-6.26%
Cap rate
3.61%
GRM
16.7
Break-even rent
$15,247
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.