981 12 Street Se Unit# Prop. 10, Buena Vista Lane Townhomes in Salmon Arm, BC
This is a Single Family (Contemporary) with Attached Garage parking.
Out of Service Area ~the Buena Vista Lane Townhomes area~
981 12 Street Se Unit# Prop. 10, Buena Vista Lane Townhomes in Salmon Arm
Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy this Summer 2024. 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, hardi-board exteriors, backyard deck, extra open space parking spot along with plenty of visitor parking too. Developers incentive offering no strata fees ($226/month) for the first year for first time home buyers. 10 year new home warranty program. Financing OAC* with $125,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment, 4.99% interest rate over 25 year amortization with a monthly payment of $2963. Other incentives are applicable too, such as no property transfer taxes & 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! (id:6289)
$489,000
981 12 Street Se Unit# Prop. 10, Salmon Arm, British Columbia
Essential Information
- MLS® #10313028
- Price$489,000
- Price per Sqft379
- Bedrooms3
- Bathrooms2.00
- Square Footage1,291
- Acres1.00
- Year Built2024
- TypeSingle Family
- Sub-TypeStrata
- StyleContemporary
- Days on Website15
Amenities
- FeaturesCentral island
- Parking Spaces3
- ParkingAttached Garage
- # of Garages2
Exterior
- RoofAsphalt shingle
Listing Details
- Listing OfficeHomelife Salmon Arm Realty.Com
Community Information
- Address981 12 Street Se Unit# Prop. 10
- SubdivisionBuena Vista Lane Townhomes
- CitySalmon Arm
- Postal CodeV1E2C8
Interior
- AppliancesRefrigerator, Dishwasher, Range - Electric, Microwave, Washer/Dryer Stack-Up
- HeatingElectric Forced air, Heat Pump
- CoolingHeat Pump, Wall unit
- FireplaceYes
- FireplacesElectric
- # of Stories3
Additional Information
- ZoningUnknown