1470 NE TRANS CANADA HWY, No City Value BC V1E 2S6, No city value, BC

$5,700,000
Est. Mortgage /mo

MLS® R2962854

$5,700,000
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Go See This Home Now
0 Stories
lot 642510 sqft
0 sqft
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Property details

57.89% cheaper than comparables

An exceptional mixed-use development opportunity, the Turner Creek property is poised to become one of the most impactful projects in Salmon Arm. Spanning nearly 15 acres with panoramic views, this property offers an unparalleled combination of beauty and connectivity. Strategically located in the center of Salmon Arm, it allows walkability to the downtown core while taking advantage of what the uptown has to offer. The site is within walking distance to schools, the hospital, sports arena, and other important amenities. The Turner Creek development plan has received approval for 354 units of medium-density housing, designed to include independent and/or assisted seniors living, condos, townhouses, and medium-density apartments.

General Info

Price $5,700,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 14.75
Lot Size Depth Feet
Lot Size Frontage -
Basement Features BasementFeatures

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Building Features BuildingFeatures
Structures Land Only

Additional Details

MLS # R2962854
Area Out of Town
Neighbourhood Out of Town
City No City Value
Gross Taxes $13,790.97
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Nearby, Natural Gas Nearby, Phone Nearby, Cable Available
Water (WaterSource) Other

Parking

Total Parking Spaces -

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Strata Restrictions -
Rental Restrictions -
Zoning CD22
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description CITY, SHUSWAP LAKE, MOUNTAINS
Units In Development -

Property History

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Status Date Price
Active - $5,700,000

Listed by: Royal LePage Westwin Rlty. (AOIR) & Royal LePage Westwin Rlty. (AOIR) & Royal LePage Sterling Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
North Shore Public School
Above Average
8.85 km
Rating 7/10
Secondary
École secondaire catholique Saint-Charles-Garnier
73.78 km
No Rating

Part of this information is provided by the Province of British Columbia under the Open Government License for Government of BC Information v.BC1.0. School boundaries and other statistics changes frequently and is for general informational purposes only. You should not use such information in determining the legal eligibility to attend any particular school.

Private Schools

Elementary
The Children's Montessori School
8.6 km
No Rating
Secondary
Acheron College (Warkworth)
34.31 km
No Rating

Closest Transit

Durham
Simpson Northbound @ King
57.79 km

1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 is serviced by North Shore Public School. The property with listing MLS® R2962854 is located 8.85 km from the school. North Shore Public School has a rating of Rating 7/10.

This home with address 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6, No city value, BC is also serviced by École secondaire catholique Saint-Charles-Garnier and located 73.78 km from it. École secondaire catholique Saint-Charles-Garnier has a rating of No Rating.

The closest Elementary independent school to this home for sale located at 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 is The Children's Montessori School with School's rating No Rating, located 8.6 km from this home.

The closest to this address 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 Secondary independent school is Acheron College (Warkworth) with School's rating No Rating, located 34.31 km from this home

The freshest crime data from Statistics Canada are from 2020. There were 186 volation disturbances in this neighbourhood. The overall crime rate near the address - 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6, No city value, BC is 2,932.37. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is 30.6%

Drug crime rate next to the listing MLS® R2962854 is Average comparing to other neighbourhoods. The illegal substances offences rating is 78.83. There were 5 illegal substances lawbreaking disturbances in this city in 2020 . Year by year change in the illegal substances offences ranking is -28.3%

Property crimes in the neighbourhood close to real estate listing for sale 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 are Average. Property misconduct rating adjacent to MLS® R2962854 is 1,765.73. There were 112 in the neighbourhood in 2020. Year by year change in the property misconduct rate is 32.3%

There were 32 violent lawbreaking disorders in 2020. 504.49 and it is Below Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is 14.8%

The closest Bus station is Simpson Northbound @ King in 57.79 km away from this listing with - MLS® R2962854.

16.6% of people with university certificate/degree live in this neighbourhood adjacent to the 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 which is Average in comparison with other BC neighbourhoods. 14.4% of population in this neighbourhood that is near the Listing MLS® R2962854 have no certificate or degree. This number is Below Average compared to the average in BC.

Median Household Income near this dwelling with the address 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6, No city value, BC is $79982 which is Above Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® R2962854 is $35282 which is Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 56.2% which is Average.

Unemployment rate in the area around Real Estate Listing # R2962854 is 5.6 which is Low in comparison to the other province neighbourhoods.

This real estate is located in 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 Out of Town where population change between 2011 and 2016 was 1.8%. This is Average in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6, No city value, BC is 19.8 which is Low people per sq.km.

Average size of families in the area adjacent to home for sale 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 is 2.8. This is Below Average number in comparison to the whole region. Percent of families with children near by the Real Estate Listing - MLS® R2962854 is 48.3% and it is Below Average. % of Married or living common law is around 68.3% and it is High.

Average age of the population close to the 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 is 44.8 . This percentage is Above Average in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6, No city value, BC is $340661 and this is Average comparing to other areas in British Columbia

Average Owner payments are Average in the area adjacent to 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6. $1180 owners spent in average for the dwelling. Tenants are paying $1067 in this district close to MLS® R2962854 and it is Average comparing to other cities.

9.8% of Population in this district near the 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 are Renters and it is Low comparing to other BC cities and areas.

% of English and French speakers around real estate listing 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6, No city value, BC is 5.8%, it is Below Average, % of English speakers only is 94.2% and Above Average. % of Neither English nor French speakers close to home for sale 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6, No city value, BC is 0% and it is comparing to other BC cities.

0.8% of all population in the area around this property with the address 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6, No city value, BC using Public Transport which is Low, 95.8% of using population are using Cars around MLS® R2962854, which is High. 0% of people using Bicycles around the 1470 NE TRANS CANADA HIGHWAY, No City Value BC V1E 2S6 and it is . 2.7% of population are walking which is Below Average

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Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All calculations are estimates and provided by Estateblock.com for informational purposes only. Actual amounts may vary.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Estateblock.com from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates. Insurance rates are very approximate and for informational purposes only.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,700,000
No city value $1,734,667
Out of Town $927,667
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
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