981 12 Street Se Unit 25, Salmon Arm
- Bedrooms: 3
- Bathrooms: 2
- Living area: 1291 square feet
- Type: Townhouse
- Added: 185 days ago
- Updated: 55 days ago
- Last Checked: 2 hours ago
Brand 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:1945)
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Property Details
- Roof: Asphalt shingle, Unknown
- Cooling: Wall unit, Heat Pump
- Heating: Heat Pump, Forced air, Electric
- Stories: 3
- Year Built: 2024
- Structure Type: Row / Townhouse
- Architectural Style: Contemporary
Interior Features
- Flooring: Vinyl
- Appliances: Refrigerator, Range - Electric, Dishwasher, Microwave, Washer/Dryer Stack-Up
- Living Area: 1291
- Bedrooms Total: 3
- Fireplaces Total: 1
- Fireplace Features: Electric, Unknown
Exterior & Lot Features
- Lot Features: Central island
- Water Source: Municipal water
- Parking Total: 3
- Parking Features: Attached Garage
Location & Community
- Common Interest: Condo/Strata
- Street Dir Suffix: Southeast
- Community Features: Rentals Allowed
Property Management & Association
- Association Fee: 226
Utilities & Systems
- Sewer: Municipal sewage system
Tax & Legal Information
- Zoning: Unknown
- Parcel Number: 032-183-879
Room Dimensions
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