
330 4 Avenue SE Unit# 202
SE Salmon Arm, Salmon Arm · MLS® 10388246
2 bed · 2 bath · 1,146 sq ft · 1 parking
Condo · Single Family · built 2016 · 137 days on market
Listed by Nick Harrison, REMAX Shuswap
Welcome to Unit #202 at Imperial Heights, offering one of the most desirable floor plans in this sought-after 55+ community. Designed with comfort and convenience in mind, this bright and spacious 2-bedroom, 2-bathroom apartment features an open-concept layout, secure underground parking, and additional guest and extra parking available on site. The modern kitchen is finished with stainless steel appliances, including a new refrigerator and stove, quartz countertops, and a new kitchen water filtration system, flowing seamlessly into the dining and living areas—perfect for everyday living or entertaining. The living room features a cozy gas fireplace, creating a warm and inviting space to relax. The large north-facing L-shaped balcony is ideal for enjoying warm Shuswap summers while helping keep the home cool and energy-efficient. The main bathroom is spacious and features a convenient walk-in shower. The primary bedroom easily accommodates a king-size bed and features new flooring, a large closet, and an 4-piece ensuite. The spacious second bedroom is ideal for guests and also features new flooring. The in-unit laundry room adds everyday convenience and includes a new washer, new dryer, and new hot water tank. A quick elevator ride takes you to the heated, secure underground parking, where you’ll find an easy-access parking stall and storage locker. The property is fully landscaped and features heated concrete sidewalks and a heated front entrance for added resident convenience and safety. Pets are allowed with restrictions. Imperial Heights is a well-maintained, professionally managed 55+ strata, centrally located in Salmon Arm with easy access to shopping, dining, the wharf, and scenic flat walking trails along the shores of Shuswap Lake.
- Type
- Condo, Single Family
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,146 sq ft
- Parking
- 1
- Year built
- 2016
- Property tax
- $2,206 / yr
- Strata fee
- $448 / mo ($0.39 / sq ft)
- Strata rules
- Seniors Oriented
- Days on market
- 137
- MLS®
- 10388246
- Wheelchair access
- Seniors Oriented
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.
- Rent
- $1,336/mo
- After all costs
- −$1,180/mo
- Cap rate
- 1.7%
- yearly net rent ÷ price
Costs: mortgage $1,742 · tax $184 · strata $448 · insurance ~$35 · vacancy 3% · upkeep 5%.
Rent starts at CMHC's average for a 2-bedroom in Salmon Arm (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
BC rules for landlords
- Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
- Rent increases are capped once a year at the province's set amount. gov.bc.ca
- The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
- Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca
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