Salmon Arm, BC V1E2C8 981 12 Street SE Unit# 19
$489,000
48 more
Presented By: Homelife Salmon Arm Realty.Com
Home Details
Brand New Buena Vista Lane Townhomes now under construction with Phase Three being ready for occupancy this Spring 2025. This is Unit #19 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:7434)
Presented By: Homelife Salmon Arm Realty.Com
Interior Features for 981 12 Street SE Unit# 19
Other Interior Features
Building Fireplace PresentTrue
Building Fireplace TypeUnknown
Building Heating FuelElectric
Building Heating TypeForced air, Heat Pump
Construction Style AttachmentAttached
Fireplace FuelElectric
Flooring TypeVinyl
General for 981 12 Street SE Unit# 19
Building AppliancesRefrigerator, Dishwasher, Range - Electric, Microwave, Washer/Dryer Stack-Up
Building Architectural StyleContemporary
Building Cooling TypeHeat Pump, Wall unit
Building TypeRow / Townhouse
Building.StoriesTotal3
Community FeaturesRentals Allowed
CommunityNameBuena Vista Lane Townhomes
FeaturesCentral island
Maintenance Fee$226.00
NeighbourhoodSE Salmon Arm
Ownership TypeStrata
Parking Space Total2
Property TypeSingle Family
ZoningTypeUnknown
Exterior for 981 12 Street SE Unit# 19
Building Roof MaterialAsphalt shingle
Building Roof StyleUnknown
SewerMunicipal sewage system
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty