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7020 51 Street NE, Salmon Arm

MLS® #10386699
About this Property

Investment opportunity in the heart of Canoe! This well-maintained 1998-built home offers exceptional flexibility for investors, multi-generational living, or buyers looking to offset their mortgage with rental income. Featuring 4 bedrooms plus a legal, self-contained 1 bedroom suite with its own separate meter, this property offers multiple living configurations, continue renting both levels, live in one and rent the other, or easily convert it back to a larger single-family home. The upper level features 3 bedrooms, spacious living areas, large windows that fill the home with natural light, and a bright, functional kitchen with abundant cabinetry and a separate dining area. The main home also benefits from an additional lower level bedroom, ideal for growing families, guests, or a home office. The vacant 1-bedroom suite offers its own private entrance, kitchen, separate laundry, comfortable living space, and cozy fireplace, ideal for rental income, extended family, or owner occupancy. Outside, the property continues to impress with a spacious upper deck, landscaped yard with underground irrigation, covered carport, convenient alley access, and a detached wired shop/garage with its own power, perfect for hobbies, storage, or extra workspace. Situated on a 0.23-acre corner lot in one of Canoe’s most desirable family friendly neighborhoods, just minutes to Canoe Beach, North Canoe Elementary, Park Hill Trails & Club Shuswap Golf Club, this is a rare opportunity to secure a property that offers lifestyle, flexibility, and income potential. (id:62865)

Property Information

Status

Active

Year Built

1998

Property Type

House

Ownership

Freehold

Parking Spaces

1

Annual Tax

$4,061

Parcel Number

008-338-922

Data Source

Association of Interior REALTORS®

Interior Details

Bedrooms

5

Bathrooms

3

Living Area

2247 square feet

Architectural Style

Multi-level

Basement

Full

Exterior & Lot

Lot Size

0.23 acres

Lot Features

Level lotCorner SiteBalcony

Community Features

Family Oriented
Building & Utilities

Heating

See remarks

Water Source

Municipal water

Sewer

Municipal sewage system

$679,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
5Beds
3Baths
2247sqft
Listing Courtesy of

Office

Coldwell Banker Executives Realty

Mortgage Calculator
$135,800

Loan Amount:

$543,200

Estimated Monthly Payment:

$2,647

This is an estimate for informational purposes only. Consult with a financial advisor.