981 12 Street Se Unit# 27, Salmon Arm, British Columbia

$529,000

Previous Next

3

Beds

2

Baths

1,455

Square feet

1.00

Acre

About 981 12 Street Se Unit# 27

Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy this Dec 2025. This is a prime location, Unit#27 in Building H. Built to attract first time home buyers &/or rental investors this 1455 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), 10 year new home warranty program. 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:6289)

Features of 981 12 Street Se Unit# 27

Listing # 10325956
Price $529,000
Bedrooms 3
Bathrooms 2.00
Square Footage 1,455
Acres 1.00
Year Built 2024
Type Single Family
Sub-Type Strata
Style Contemporary

Community Information

Address 981 12 Street Se Unit# 27
Subdivision Buena Vista Lane Townhomes
City Salmon Arm
Province British Columbia
Postal Code V1E2C8

Amenities

Features Central island
Parking Spaces 2
Parking Attached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Appliances Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/Dryer Stack-Up
Heating Electric Forced air, Heat Pump
Cooling Heat Pump, Wall unit
Fireplace Yes
Fireplaces Electric
# of Stories 3
Has Basement No

Exterior

Roof Asphalt shingle

Additional Information

Zoning Unknown

Listing Details

OfficeHomelife Salmon Arm Realty.Com

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?