981 12 St SE 35, Salmon Arm, BC V1E2C8
- Beds
- 3
- Baths
- 2
View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
Brand New Buena Vista Lane Townhomes now under construction with Phase Four, Building ""J"" being ready for occupancy May 15th, 2026. This is a prime location, Unit#35 in Building J. 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 patio, 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 $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/Discount & 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 full virtual tour of a finished end 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
Utilities
- Heating
- Electric, Heat Pump
- Cooling
- Heat Pump
Estimated monthly costs
- HOA Fees
- $226
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: 10376035 Last checked: …
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