$ 489.000

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
Type Level Dimensions
Other Basement 22' x 15'
Foyer Basement 14'7'' x 15'
Bedroom Second level 9' x 10'
Bedroom Second level 10' x 9'2''
4pc Bathroom Second level 5' x 13'
Primary Bedroom Second level 13' x 9'9''
Laundry room Main level 3' x 3'
3pc Bathroom Main level 6'2'' x 8'9''
Kitchen Main level 14'1'' x 11'8''
Dining room Main level 7'4'' x 15'
Living room Main level 12' x 15'
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Nearby Places

Name
Type
Address
Distance
Hillcrest Elementary School
School
Salmon Arm
0.8 km
Subway
Meal takeaway
250 Trans-Canada Hwy NE
1.1 km
Shuswap Chefs
Restaurant
551 Trans-Canada Hwy
1.1 km
Hedi's Restaurant & lounge
Restaurant
250 Alexander St NE
1.2 km
Podollan Inn
Lodging
1460 Trans Canada Hwy NE
1.2 km
Table 24
Restaurant
1460 Trans-Canada Hwy
1.2 km
Tim Hortons
Cafe
270 4 St NE
1.2 km
McGuire Lake Park, Salmon Arm, BC
Park
599 10th St NE
1.2 km
Shuswap Middle School
School
Salmon Arm
1.2 km
Salmon Arm Storefront
School
Salmon Arm
1.2 km
Sushi Kotan Japanese Restaurant
Restaurant
351 Alexander St NE
1.3 km
Boston Pizza
Bar
100 Trans-Canada Hwy
1.4 km
More Details?
Robert McKibbon
  • Robert McKibbon
  • Homelife Salmon Arm Realty.Com
  • 250-804-6288
  • WebSite