$ 489.000
BC Salmon Arm
Other - 981 12 Street Se Unit 24, Salmon Arm, BC V1E2C8 Photo 1
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Other - 981 12 Street Se Unit 24, Salmon Arm, BC V1E2C8 Photo 1
85 Photos
Foyer - 981 12 Street Se Unit 24, Salmon Arm, BC V1E2C8 Photo 2
Bedroom - 981 12 Street Se Unit 24, Salmon Arm, BC V1E2C8 Photo 3
Bedroom - 981 12 Street Se Unit 24, Salmon Arm, BC V1E2C8 Photo 4
4pc Bathroom - 981 12 Street Se Unit 24, Salmon Arm, BC V1E2C8 Photo 5

981 12 Street Se Unit 24, Salmon Arm

  • Bedrooms: 3
  • Bathrooms: 2
  • Living area: 1291 square feet
  • Type: Townhouse
  • Added: 202 days ago
  • Updated: 51 days ago
  • Last Checked: 12 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 #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:1945)
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Property DetailsKey information about 981 12 Street Se Unit 24

  • 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 FeaturesDiscover the interior design and amenities

  • 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 FeaturesLearn about the exterior and lot specifics of 981 12 Street Se Unit 24

  • Lot Features: Central island
  • Water Source: Municipal water
  • Parking Total: 2
  • Parking Features: Attached Garage

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Condo/Strata
  • Street Dir Suffix: Southeast
  • Community Features: Rentals Allowed

Property Management & AssociationFind out management and association details

  • Association Fee: 226

Utilities & SystemsReview utilities and system installations

  • Sewer: Municipal sewage system

Tax & Legal InformationGet tax and legal details applicable to 981 12 Street Se Unit 24

  • 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'
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
47
Min Price
$310,000
Max Price
$1,195,000
Avg Price
$588,657
Days on Market
92 days
Sold listings
13
Min Sold Price
$385,000
Max Sold Price
$689,000
Avg Sold Price
$534,892
Days until Sold
114 days

Nearby Places

Name
Type
Address
Distance
Hillcrest Elementary School
School
Salmon Arm
0.8 km
Salmon Arm
The City also boasts a unique, picturesque downtow...
1.0 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
Additional Information about 981 12 Street Se Unit 24

This Townhouse at 981 12 Street Se Unit 24 Salmon Arm, BC with MLS Number 10313014 which includes 3 beds, 2 baths and approximately 1291 sq.ft. of living area listed on Salmon Arm market by Robert McKibbon - Homelife Salmon Arm Realty.Com at $489,000 202 days ago.

We have found 6 Townhomes that closely match the specifications of the property located at 981 12 Street Se Unit 24 with distances ranging from 2 to 2 kilometers away. The prices for these similar properties vary between 449,900 and 679,900.

The current price of the property is $489,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 19% down payment, the total amount borrowed would be $396,090. This would result in a monthly mortgage payment of $2,287 over a 25-year amortization period.

More Details?
Robert McKibbon
  • Robert McKibbon
  • Homelife Salmon Arm Realty.Com
  • 250-804-6288
  • WebSite

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