981 12 Street Se Unit# 22 Salmon Arm, British Columbia V1E 2C8
$489,000Maintenance,
$226 Monthly
Maintenance,
$226 MonthlyBrand New Buena Vista Lane Townhomes now under construction with Phase Three being ready for occupancy this Spring 2025. This is Unit #22 located in Building F. 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. Developers incentive offering no strata fees ($226/month) for the first year for first time home buyers. Financing OAC* with $125,000 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 & 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:41053)
Property Details
| MLS® Number | 10313010 |
| Property Type | Single Family |
| Neigbourhood | SE Salmon Arm |
| Community Name | Buena Vista Lane Townhomes |
| Community Features | Rentals Allowed |
| Features | Central Island |
| Parking Space Total | 2 |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Appliances | Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/dryer Stack-up |
| Architectural Style | Contemporary |
| Constructed Date | 2024 |
| Construction Style Attachment | Attached |
| Cooling Type | Heat Pump, Wall Unit |
| Fireplace Fuel | Electric |
| Fireplace Present | Yes |
| Fireplace Type | Unknown |
| Flooring Type | Vinyl |
| Heating Fuel | Electric |
| Heating Type | Forced Air, Heat Pump |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 3 |
| Size Interior | 1455 Sqft |
| Type | Row / Townhouse |
| Utility Water | Municipal Water |
Parking
| Attached Garage | 1 |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Total Text | Under 1 Acre |
| Zoning Type | Unknown |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 10' x 9' | ||
| Second Level | Bedroom | 9'2'' x 10' | ||
| Second Level | 4pc Bathroom | 13' x 5' | ||
| Second Level | Primary Bedroom | 9'9'' x 13' | ||
| Basement | Other | 15' x 22' | ||
| Basement | Foyer | 15' x 14'7'' | ||
| Main Level | Laundry Room | 3' x 3' | ||
| Main Level | 3pc Bathroom | 8'9'' x 6'2'' | ||
| Main Level | Kitchen | 11'8'' x 14'1'' | ||
| Main Level | Dining Room | 15' x 7'4'' | ||
| Main Level | Living Room | 15' x 12' |
https://www.realtor.ca/real-estate/26844972/981-12-street-se-unit-22-salmon-arm-se-salmon-arm
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 29 2024 09:21:58
Okanagan-Mainline Real Estate Board
Homelife Salmon Arm Realty.com
Request
Contact Scott & Cole
Scott Marshall and his team are happy to assist in any way possible on the potential purchase or sale of any property here in the Okanagan Valley. With a history dating back to 1911, we know the area like the back of our hands.