Primary photo of 331 Fraser Avenue NW, Salmon Arm
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House For Sale

$599,000

MLS® Number: 10389774

Bedrooms

5

Bathrooms

3

Floor Area

2,040

Land Size

0.08

Year Built

2014

331 Fraser Avenue NW, Salmon Arm, British Columbia

About This Property

Fantastic investment opportunity or ideal mortgage helper! Built in 2014, this well-designed home features two completely self-contained legal suites, each with its own laundry, hydro meter, private outdoor space, and separate entrance. The upper level offers a bright and spacious 3 bedroom, 2 bathroom layout with an open-concept design, functional kitchen with pantry, electric fireplace, and a generous primary bedroom complete with a private ensuite. Step out from the kitchen onto the covered deck, perfect for year-round enjoyment. Additional features include a single-car garage, heated concrete floors, and a heat pump providing for air conditioning. The above-ground lower suite features 2 bedrooms and 1 bathroom, an open living area with electric fireplace, covered patio, storage shed, heated concrete floors, and two dedicated parking spaces. The fenced yard is thoughtfully divided, providing separate outdoor living areas for each suite and added privacy for occupants. Fully rented with reliable tenants who would love to stay, this turnkey property offers immediate income and long-term investment potential in a low-maintenance package.

Property Details

Interior Details

Basement

Partial

Bathrooms Partial

0

Bathrooms Total

3

Bedrooms Total

5

Cooling

Heat Pump

Fireplace Features

Electric, Unknown

Fireplace

True

Fireplaces Total

2

Flooring

Other

Heating

In Floor Heating, Electric

Living Area

2040 sqft

Building & Exterior

Exterior Features

Other

Parking Features

Attached Garage

Stories

2.0

Year Built

2014

Land & Location

City Region

NW Salmon Arm

Frontage Length

49.0 feet

Lot Features

Level lot

Lot Size Area

0.08 acres

Lot Size Dimensions

0.08

Parcel Number

027-663-108

Postal Code

V1E1W3

Listing & Financials

Listing Office

REMAX Shuswap Realty

Originating System Name

Association of Interior REALTORS®

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

1

Mortgage Calculator

20% ($119,800)
5.5%
25 Years

Estimated Monthly Payment

$2,943

Principal and interest only. Actual rates may vary.

Location & Map

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