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981 12 Street Se Unit# 31 Salmon Arm, British Columbia V1E 2C8

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Robert Mckibbon

(250) 804-6288
www.bigrob.ca/
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Homelife Salmon Arm Realty.com
404-251 Trans Canada Hwy Nw
Salmon Arm, British Columbia V1E 3B8

(250) 832-7871
(250) 832-7573

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3 Bedroom 2 Bathroom 1455 sqft
Contemporary Fireplace Heat Pump, Wall Unit Forced Air, Heat Pump

$529,000

Maintenance, Insurance, Ground Maintenance, Other, See Remarks

$226 Monthly

Brand New Buena Vista Lane Townhomes now under construction with Phase Four, Building ""I"" being ready for occupancy March 2026. This is a prime location, Unit#31 in Building I. Built to attract first time home buyers &/or rental investors this 1455 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 patio, extra open space parking spot along with plenty of visitor parking too. Low strata fees ($226/month), 10 year new home warranty program. Financing OAC* with $122,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment + 5% GST, 4.34% interest rate over 25-year amortization with a monthly payment of $2,847. Other incentives are applicable too, such as no property transfer taxes, GST rebate/Discount & 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! See our full virtual tour of a finished end unit. (id:26472)

Property Details

MLS® Number 10350687
Property Type Single Family
Neigbourhood SE Salmon Arm
Community Name Buena Vista Lane Townhomes
Community Features Rentals Allowed
Features Central Island
Parking Space Total 2
View Type Lake View

Building

Bathroom Total 2
Bedrooms Total 3
Appliances Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/dryer Stack-up
Architectural Style Contemporary
Constructed Date 2025
Construction Style Attachment Attached
Cooling Type Heat Pump, Wall Unit
Fireplace Fuel Electric
Fireplace Present Yes
Fireplace Total 1
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
Size Interior 1455 Sqft
Type Row / Townhouse
Utility Water Municipal Water

Parking

Attached Garage 1

Land

Acreage No
Fence Type Fence
Sewer Municipal Sewage System
Size Total Text Under 1 Acre
Zoning Type Unknown

Rooms

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

https://www.realtor.ca/real-estate/28411064/981-12-street-se-unit-31-salmon-arm-se-salmon-arm