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Legal suite

$874,900

1441 20 Avenue SE Unit# 4

Save this home

Beds

4

Baths

3

Sqft

Year

2021

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

Modern Hillcrest home with a legal suite offering strong value. Over 2,349 finished sq ft with 4 bedrooms plus a den and 3 bathrooms, including a fully self-contained 1-bedroom suite with separate entrance—ideal for rental income or extended family. Two-storey walk-up design with a functional main level featuring a custom kitchen with shaker-style cabinetry, quartz countertops, a large island with eating bar, pantry, and a living room with a fireplace. The primary bedroom includes walk-in closet and ensuite. Experience the comfort of in floor radiant heat, how water on demand, a ductless split cooling system and Low-E windows. Nine-foot ceilings throughout the home even in the legal 1-bedroom suite, which is fully finished with an open layout and island kitchen. Located in a newer bare land strata subdivision in Hillcrest, within walking distance to schools and parks. Quality built by Perfection Builders. (id:65958)

Subtype
Single Family
Structure
House
Community
SE Salmon Arm
Common interest
Freehold
Living area
2,450 square feet
Lot size
0.11 acres
Lot dimensions
0.11
Parking
2 total
Condo/HOA fee
$62.25 monthly
Stories
2
Fireplace
2
On market
Apr 2, 2026
Status changed
Apr 30, 2026
Annual tax
$4,863.64
Photos
41
MLS#
10381754
Area
SALMON_ARM

Features and systems

Parking

Attached Garage

Heating

Forced air

Cooling

Central air conditioning

Community

Pets Allowed
Negative cash flow ~$134/mo at these assumptions

Cash on cash

-0.92%

Cap rate

4.68%

GRM

13.9

Break-even rent

$5,391

Financing

Down payment$174,980
Loan amount$699,920
Mortgage$3,546/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$401
Insurance$80
Maintenance$729
CapEx reserve$365
Vacancy loss$263

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.

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.

Mortgage estimate

Estimated $3,546/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 30, 2026.

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