250-878-1113

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

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Interested?

Contact us for more information

3 Bedrooms
2 Bathrooms
1455 sqft
Contemporary Fireplace Heat Pump, Wall Unit Forced Air, Heat Pump

$489,000

Maintenance,

$226 Monthly

Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy this Summer 2024. 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 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. 10 year new home warranty program. Financing OAC* with $125,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment, 4.99% interest rate over 25 year amortization with a monthly payment of $2963. 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:42341)

  • Property Details

    MLS® Number 10313034
    Property Type Single Family
    Neigbourhood SE Salmon Arm
    Community Name Buena Vista Lane Townhomes
    CommunityFeatures Rentals Allowed
    Features Central Island
    ParkingSpaceTotal 2

  • Building

    BathroomTotal 2
    BedroomsTotal 3
    Appliances Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/dryer Stack-up
    ArchitecturalStyle Contemporary
    ConstructedDate 2024
    ConstructionStyleAttachment Attached
    CoolingType Heat Pump, Wall Unit
    FireplaceFuel Electric
    FireplacePresent Yes
    FireplaceType Unknown
    FlooringType Vinyl
    HeatingFuel Electric
    HeatingType Forced Air, Heat Pump
    RoofMaterial Asphalt Shingle
    RoofStyle Unknown
    StoriesTotal 3
    SizeInterior 1455 Sqft
    Type Row / Townhouse
    UtilityWater Municipal Water

    Parking

    Attached Garage 1

  • Land

    Acreage No
    Sewer Municipal Sewage System
    SizeTotalText Under 1 Acre
    ZoningType 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'

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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May 05 2024 11:10:56

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.

  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!

  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.