A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 1120 SHUSWAP STREET SOUTHEAST, Salmon Arm British Columbia V1E1G2
1 day on Market

1120 SHUSWAP STREET SOUTHEAST, Salmon Arm, British Columbia V1E1G2

Detached
8
4
~2970 sqft
$959,000
Get pre-qualifiedPowered by nesto
Detached
8
4
~2970 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market1 day

Estimated valueNot available

Price/Sqft$322/sqft

Monthly cost

Open Calculator

Description

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:39198)


Property Details

StyleFourplex
View-
Age of property1960
SqFt~2970 SqFt
Lot Size-
Parking Spaces-
MLS ®Number10359451
Community NameSalmon Arm
Data SourceCREA
Listing byHomelife Salmon Arm Realty.Com

Features

Heating: Forced air

Main level Floor

Full bathroom

7'3'' x 5'6''

Bedroom

11'11'' x 10'6''

Primary Bedroom

11'3'' x 10'10''

Kitchen

9' x 8'


Property History

Aug 20, 2025
ListedActive
$959,000
1 day on market
history photo preview27
Listing by crea®
Property listed by Homelife Salmon Arm Realty.Com, Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 19637
Average household income $106,938

Age (%)

0 to 19
20%
20 to 34
13%
35 to 49
16%
50 to 64
21%
65 and plus
30%

Household composition (%)

Single family
65%
Single person
31%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
93%
Others
3%
German
2%
French
1%

House tenancy (%)

Owners
78%
Renters
22%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

Powered by:
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.