981 12 Street SE Unit# Prop. 11
Salmon Arm, British Columbia V1E2C8

$489,000

3 Bedroom 2 Bathroom

Heat Pump Wall unit Forced air Heat Pump

Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy this Summer 2024. 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. Developers incentive offering no strata fees ($226/month) for the first year for first time home buyers. 10 year new home warranty program. Financing OAC* with $125,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment, 4.99% interest rate over 25 year amortization with a monthly payment of $2963. 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:3942)
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
  • 981 12 Street SE Unit# Prop. 11 Salmon Arm
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Courtesy of Homelife Salmon Arm Realty.Com

Listed on: May 02, 2024

On market: 16 days
Feature SheetVirtual TourAdditional Photos
Bathroom Total 2
Bedrooms Total 3
Half Bathrooms Total 0
Year Built 2024
Cooling Type Heat Pump, Wall unit
Flooring Type Vinyl
Heating Type Forced air, Heat Pump
Heating Fuel Electric
Stories Total 3
BedroomSecond level10' x 9'
BedroomSecond level9'2'' x 10'
4pc BathroomSecond level13' x 5'
Primary BedroomSecond level9'9'' x 13'
OtherBasement15' x 22'
FoyerBasement15' x 14'7''
Laundry roomMain level3' x 3'
3pc BathroomMain level8'9'' x 6'2''
KitchenMain level11'8'' x 14'1''
Dining roomMain level15' x 7'4''
Living roomMain level15' x 12'
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