981 12 ST Southeast #37 Active Save Request In-Person Tour Request Virtual Tour
Salmon Arm,BC V1E2C8
Key Details
Property Type Townhouse
Sub Type Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 1,291 sqft
Price per Sqft $409
Subdivision Se Salmon Arm
MLS Listing ID 10350730
Style Contemporary
Bedrooms 3
Condo Fees $226/mo
Year Built 2025
Property Sub-Type Townhouse
Property Description
Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in March of 2026. This is prime location Unit #37 located in Building J. Built to attract first time home buyers &/or rental investors this 1291 SqFt townhome offers 3 levels, 3 Bedrooms & 2 Bathrooms. Includes all appliances; Fridge, Stove, DW, Micro & W/D, Vacuum and all Blinds. Development contains 10 buildings & this unit offers lakeviews. Built in a lane style design with an attached garage, private side entry, hardiboard exteriors, backyard deck, extra open space parking spot along with plenty of visitor parking too. Low strata fees ($226/month), Financing OAC* with $122,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment + 5% GST, 4.34% interest rate over 25-year amortization with a monthly payment of $2,847. Other incentives are applicable too, such as no property transfer taxes, GST rebate & gov't down payment incentives. Property is next door to a child day care & close to schools. Investors can expect $3000/month in rental income with a +7% gross cap rate on purchase price and with 20% down payment that would be a 36% gross return on cash invested.... Best deal in the Shuswap! See our virtual tour of a completed unit! (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Kitchen 1.0
Interior
Heating ,Forced air,Heat Pump
Cooling Heat Pump,Wall unit
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Unknown
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Community Features Rentals Allowed
View Y/N No
Roof Type Unknown
Building
Story 3
Sewer Municipal sewage system
Others
Virtual Tour https://private-office.myrealpage.com/wps/-/noframe~true/mylistings/13166/details-101638727