$1,124,900
1021 17 Avenue SE
Beds
5
Baths
4
Sqft
—
Year
2020
Type
Single Family
Suite
Legal suite
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
Wake up to unobstructed Shuswap Lake views every morning - this is what you've been looking for. Welcome to 1021 17 Ave SE, a 2021 custom-built 5-bed, 4-bath lake view rancher with a walkout basement in Salmon Arm's sought-after Byersview neighbourhood. Floor-to-ceiling windows flood the open-concept living space with panoramic lake and mountain views. The kitchen is refined and functional: quartz island, gas range, wine fridge, and a dreamy walk-in pantry. Exit the dining room onto a private, heated covered deck - the perfect place to soak in sunsets or catch the Northern Lights. A floor-to-ceiling stone fireplace anchors the living room, while the primary suite offers a walk-in closet and a spa-inspired ensuite with dual sinks and an oversized walk-in shower. A second bedroom, a full bath, and laundry complete the main floor. The lower level adds exceptional flexibility: a spacious games room, a bedroom, and a full bathroom serve the main home, while a self-contained 2-bedroom Legal Suite completes the level. This suite has a separate entrance, private laundry, fire-rated & soundproof walls, and previously generated $1,500/month with the capacity to reach $2,000. Ideal for extended family, long-term rental, or supplemental income. Additional highlights include a heated double garage with Stage 2 EV charger, RV power, Swimming Pool rough-in, Chair Lift, full irrigation, raised garden beds and sunken fire pit patio. Lifestyle, views, and income - all in one exceptional home. (id:65958)
- Subtype
- Single Family
- Architectural style
- Ranch
- Structure
- House
- Community
- SE Salmon Arm
- Common interest
- Freehold
- Living area
- 3,690 square feet
- Lot size
- 0.27 acres
- Lot dimensions
- 0.27
- Parking
- 6 total
- Stories
- 2
- Fireplace
- 1
- On market
- Mar 23, 2026
- Status changed
- Apr 21, 2026
- Annual tax
- $6,229.87
- Photos
- 81
- MLS#
- 10380030
- Area
- SALMON_ARM
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Roof
Lot
View
Cash on cash
-0.79%
Cap rate
4.71%
GRM
13.9
Break-even rent
$6,907
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 21, 2026.