$529,000
FOR SALE

Condo Townhouse Contemporary

Bedrooms: 3Bathrooms: 2
Maintenance Fees: $226

981 12 Street Se #29
Salmon Arm, BC V1E 2C8 | SE Salmon Arm

Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in the Dec of 2025. This is prime location Unit #29 located in Building H. 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. Low strata fees ($226/month), Financing OAC* with $120,000 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, GST rebate & 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:47421)
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Listed By Homelife Salmon Arm Realty.Com
Data Provided By Association of Interior REALTORS®
MLS® Listing Number 10325960
Last Updated Oct 10, 2024
Property Summary
Property Type Condo Townhouse

More like this:
Maintenance Fees $226
Neighbourhood SE Salmon Arm
Community Buena Vista Lane Townhomes
Price History

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Detailed Information
Bedrooms 3
Bathrooms 2
Community Features Pets Allowed, Pet Restrictions
Features Central island
Listing Contract Date 2024-10-09
Maintenance Fee Payment Frequency Monthly
Maintenance Fee Type Insurance, Ground Maintenance, Other, See Remarks
Municipal ID 032-183-879
Ownership Type Strata
# of Parking Spaces 3
Property Type Single Family
Transaction Type For sale
Zoning Unknown
Building
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
Type Row / Townhouse
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level10' x 9'
BedroomSecond level9'2'' x 10'
4pc BathroomSecond level13' x 5'
Primary BedroomSecond level9'9'' x 13'
OtherBasement15' x 22'
FoyerBasement15' x 14'7''
Laundry roomMain level3' x 3'
3pc BathroomMain level8'9'' x 6'2''
KitchenMain level11'8'' x 14'1''
Dining roomMain level15' x 7'4''
Living roomMain level15' x 12'
Parking Spaces
Name Spaces
Attached Garage2
Land
Total Size under 1 acre
Sewer Municipal sewage system
External Links

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