981 12 Street Se Unit# 24 Salmon Arm, British Columbia V1E 2C8
$489,000Maintenance,
$226 Monthly
Maintenance,
$226 MonthlyBrand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy in the Spring of 2025. This is Unit #24 located in Building G. 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. 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:43334)
Property Details
| MLS® Number | 10313014 |
| Property Type | Single Family |
| Neigbourhood | SE Salmon Arm |
| Community Name | Buena Vista Lane Townhomes |
| CommunityFeatures | Rentals Allowed |
| Features | Central Island |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 3 |
| Appliances | Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/dryer Stack-up |
| ArchitecturalStyle | Contemporary |
| ConstructedDate | 2024 |
| ConstructionStyleAttachment | Attached |
| CoolingType | Heat Pump, Wall Unit |
| FireplaceFuel | Electric |
| FireplacePresent | Yes |
| FireplaceType | Unknown |
| FlooringType | Vinyl |
| HeatingFuel | Electric |
| HeatingType | Forced Air, Heat Pump |
| RoofMaterial | Asphalt Shingle |
| RoofStyle | Unknown |
| StoriesTotal | 3 |
| SizeInterior | 1291 Sqft |
| Type | Row / Townhouse |
| UtilityWater | Municipal Water |
Parking
| Attached Garage | 1 |
Land
| Acreage | No |
| Sewer | Municipal Sewage System |
| SizeTotalText | Under 1 Acre |
| ZoningType | 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/26844970/981-12-street-se-unit-24-salmon-arm-se-salmon-arm
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October 01 2024 09:01:39
Okanagan-Mainline Real Estate Board
Homelife Salmon Arm Realty.com