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MLS® Number: 10313014

981 12 Street SE Unit# 24

British Columbia V1E2C8

For sale  
3 bed 2 bath 1291 square feet

$489,000

Property
Property
Property
Property
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Overview

Bedroom

3

Bath

2

Year Built

2024

Property Type

Single Family

Title

Condo/Strata

Neighbourhood

SE Salmon Arm

Square Footage

1291 square feet

Storeys

3

Time on REALTOR.ca

278 days

Parking Type

Attached Garage

Building Type

Row / Townhouse

Community Feature

Rentals Allowed

Property Description

Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy in the Spring of 2025. This is Unit #24 located in Building G. 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. Developers incentive offering no strata fees ($226/month) for the first year for first time home buyers. Financing OAC* with $125,000 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 & 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:56270)

Property Details

Property ID

Price

26844970

$ 489,000

Year Built

Property Type

Property Status

2024

Single Family

Active

Address

Address
City
Province
981 12 Street SE Unit# 24
Salmon Arm
British Columbia
Zip/Postal Code
Area
Country
V1E2C8
SE Salmon Arm
Canada

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Rooms

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

Building

Interior Features
Appliances

Refrigerator, Range - Electric, Dishwasher, Microwave, Washer/Dryer Stack-Up

Flooring

Vinyl


Building Features
Features

Central island

Architecture Style

Contemporary

Fire Protection

Electric, Unknown


Heating & Cooling
Heating Type

Heat Pump, Forced air, Electric

Cooling Type

Wall unit, Heat Pump


Utilities
Water Source

Municipal water

Sewer

Municipal sewage system


Exterior Features
Roof Style

Asphalt shingle, Unknown


Neighbourhood Features
Community Features

Rentals Allowed


Maintenance or Condo Information
Maintenance Fees

226 Monthly


Measurements
Square Footage

1291 square feet


Land
Zoning Type

Unknown

Mortgage Calculator

  • Principal and Interest $ 2,412
  • Property Taxes $2,412
  • Homeowners' Insurance $2,412
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Data provided by: Association of Interior REALTORS®

Schedule a tour






HARSH PABLA

Sales Person

214-748-3647 Mail

Royal Lepage PRG Real Estate Brokerage

9300 Goreway Dr., Suite 201 Brampton, ON, L6P 4N1

416-846-2213
Fax Mail
Website

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