BC > Salmon Arm > Se Salmon Arm
Salmon Arm, BC V1E2C8,981 12 ST Southeast #29
Salmon Arm, BC V1E2C8,981 12 ST Southeast #29
Salmon Arm, BC V1E2C8,981 12 ST Southeast #29
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$529,000
Est. payment /mo
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3 BD
2 BA
1,291 SqFt
Active

981 12 ST Southeast #29 Salmon Arm, BC V1E2C8

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First Fully Rewarding Licensed Brokerage | Proudly Canadian

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+1(416) 300-8540

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Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 1,291 sqft

Price per Sqft $409

Subdivision Se Salmon Arm

MLS® Listing ID 10325960

Style Contemporary

Bedrooms 3

Condo Fees $226/mo

Originating Board Association of Interior REALTORS®

Year Built 2024

Property Description

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:24570)

Location

Province BC

Zoning Unknown

Rooms

Extra Room 1 Second level 10' x 9' Bedroom

Extra Room 2 Second level 9'2'' x 10' Bedroom

Extra Room 3 Second level 13' x 5' 4pc Bathroom

Extra Room 4 Second level 9'9'' x 13' Primary Bedroom

Extra Room 5 Basement 15' x 22' Other

Extra Room 6 Basement 15' x 14'7'' Foyer

Interior

Heating , Forced air, Heat Pump

Cooling Heat Pump, Wall unit

Flooring Vinyl

Fireplaces Type Unknown

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Community Features Pets Allowed, Pet Restrictions

View Y/N No

Roof Type Unknown

Total Parking Spaces 3

Private Pool No

Building

Story 3

Sewer Municipal sewage system

Architectural Style Contemporary

Others

Ownership Strata

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981 12 ST Southeast #29