Area: British Columbia
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Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in the Nov 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 $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! (id:44056)

Property Details

Full Address:
981 12 Street SE Unit# 29, Salmon Arm, British Columbia
Price:
$ 529,000
MLS Number:
10325960
List Date:
October 10th, 2024
Year Built:
2024

Interior Features

Bedrooms:
3
Bathrooms:
2
Appliances:
Refrigerator, Range - Electric, Dishwasher, Microwave, Washer/Dryer Stack-Up
Flooring:
Vinyl
Air Conditioning:
Wall unit, Heat Pump
Heating:
Heat Pump, Forced air, Electric
Fireplaces:
1
Fireplace Type:
Electric, Unknown

Building Features

Architectural Style:
Contemporary
Storeys:
3
Sewer:
Municipal sewage system
Water:
Municipal water
Roof:
Asphalt shingle, Unknown
Zoning:
Unknown
Garage:
Attached Garage
Garage Spaces:
3
Ownership Type:
Condo/Strata
Stata Fees:
$ 226

Floors

Finished Area:
1291 sq.ft.

Land

Neighbourhood Features

Amenities Nearby:
Pets Allowed, Pet Restrictions

Ratings

Commercial Info

Neighbourhood Details

Location

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Robert McKibbon Homelife Salmon Arm Realty.Com
 250-804-6288
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Listing Agent(s)

Listing: Robert McKibbon
Homelife Salmon Arm Realty.Com

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