981 12 St SE 33, Salmon Arm, BC V1E2C8

Beds
3
Baths
2

View property features, location on map, relevant school information and overview from seller's agent.

Listed byHomelife Salmon Arm Realty.Com
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Overview

Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy on April 30th of 2026. This is prime location Unit #33 located in Building I. This unit has a flex room installed in the back of the garage with a half bathroom. This can be removed for an added parking spot or more garage space. 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:58180)

Location

Full feature list

Basic info

Property type
House
Number of stories
3
Number of bedrooms
3
Number of bathrooms
2
Year built
2026

Interior features

Fireplaces
1

Exterior features

Water view
Yes

Utilities

Heating
Electric, Heat Pump
Cooling
Heat Pump

Estimated monthly costs

HOA Fees
$226

Public schools

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Sourced from: Canadian Real Estate Association MLS®#: 10376031 Last checked:

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