3 Bedrooms

2 Bathrooms

1,291 sqft

$529,000

Maintenance, Insurance, Other, See Remarks

$226 Monthly

Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy on April 30th of 2026. This is prime location Unit #32 located in Building I. This unit has a flex room installed in the back of the garage with a half bathroom. This can be removed for an added parking spot or more garage space. 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, hardiboard exteriors, backyard deck, extra open space parking spot along with plenty of visitor parking too. Low strata fees ($226/month), 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 & gov't down payment incentives may apply. 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 virtual tour of a completed unit! (id:64133)

• Property Details
• Building
• Land
• Rooms
• Utilities

• Property Details

  MLS® Number	10376029
  Property Type	Single Family
  Neigbourhood	SE Salmon Arm
  Community Name	Buena Vista Lane Townhomes
  CommunityFeatures	Rentals Allowed
  Features	Central Island, Balcony
  ParkingSpaceTotal	2

• Building

  Bathroom Total	2
  Bedrooms Total	3
  Appliances	Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/dryer Stack-up
  Architectural Style	Contemporary
  Constructed Date	2026
  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	Heat Pump
  Roof Material	Asphalt Shingle
  Roof Style	Unknown
  Stories Total	3
  Size Interior	1,291 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

• Rooms

  Level	Type	Length	Width	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'