981 12 Street Se Unit# 25 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 #25 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:46227)
Property Details
| MLS® Number | 10313020 |
| Property Type | Single Family |
| Neigbourhood | SE Salmon Arm |
| Community Name | Buena Vista Lane Townhomes |
| Community Features | Rentals Allowed |
| Features | Central Island |
| Parking Space Total | 3 |
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 | 1291 Sqft |
| Type | Row / Townhouse |
| Utility Water | Municipal Water |
Parking
| Attached Garage | 2 |
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/26844968/981-12-street-se-unit-25-salmon-arm-se-salmon-arm
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September 09 2024 09:42:25
Okanagan-Mainline Real Estate Board
Homelife Salmon Arm Realty.com