981 12 ST Southeast #29 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 10325960
Style Contemporary
Bedrooms 3
Condo Fees $226/mo
Originating Board Association of Interior REALTORS®
Year Built 2024
Property Description
Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in the Dec of 2025. This is prime location Unit #29 located in Building H. 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. Low strata fees ($226/month), Financing OAC* with $120,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment + 5% GST, 4.59% interest rate over 25-year amortization with a monthly payment of $2,698.23. 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! (id:24570)
Location
Province BC
Zoning Unknown
Rooms
Extra Room 1 Second level 10' x 9' Bedroom
Extra Room 2 Second level 9'2'' x 10' Bedroom
Extra Room 3 Second level 13' x 5' 4pc Bathroom
Extra Room 4 Second level 9'9'' x 13' Primary Bedroom
Extra Room 5 Basement 15' x 22' Other
Extra Room 6 Basement 15' x 14'7'' Foyer
Interior
Heating ,Forced air,Heat Pump
Cooling Heat Pump,Wall unit
Flooring Vinyl
Fireplaces Type Unknown
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Community Features Pets Allowed,Pet Restrictions
View Y/N No
Roof Type Unknown
Total Parking Spaces 3
Private Pool No
Building
Story 3
Sewer Municipal sewage system
Architectural Style Contemporary
Others
Ownership Strata