981 12 Street Southeast 36 Salmon Arm, BC V1E 2C8
Listing Courtesy of:  CREA / Homelife Salmon Arm Realty.com

  981 12 Street Southeast 36 Salmon Arm, BC V1E 2C8

Active (5 Days)
$529,000
3
BED
2
BATH
1,291
SQFT
See Similar Listings

Description

Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in March of 2026. This is prime location Unit #36 located in Building J. 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:41440)

MLS®:
10350729
Type
Townhouse
Year Built
2025
Style
Contemporary
County
Columbia-Shuswap

Listed By

Robert McKibbon, Homelife Salmon Arm Realty.com
Source
CREA
Last checked Jun 8 2025 at 11:40 AM PDT
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Refrigerator
  • Range - Electric
  • Dishwasher
  • Microwave
  • Washer/Dryer Stack-Up
Lot Information
  • Central Island
  • Balcony
Property Features
  • Fireplace: Electric
  • Fireplace: Unknown
  • Fireplace: Total: 1
Heating and Cooling
  • Heat Pump
  • Forced Air
  • Electric
  • Wall Unit
Condo Information
  • Fees: $226/Monthly
Flooring
  • Vinyl
Exterior Features
  • Roof: Asphalt Shingle
  • Roof: Unknown
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Attached Garage
  • Total: 3
Stories
  • 3
Living Area
  • 1,291 sqft
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 6/8/25 04:40

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