Unit #26, 981 12 StreetSE
Salmon Arm
Update on 2023-07-04 10:05:04 AM
$489,000
3
BEDROOMS
2 + 0
BATHROOMS
1216
SQUARE FEET
2024
YEAR BUILT
Brand New Buena Vista Lane Townhomes now under construction with Phase Three being ready for occupancy this Spring 2025. This is Unit#26 in Building G. 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 + 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!
COMMUNITY | SESA - SE Salmon Arm |
TYPE | Residential |
STYLE | Modern |
YEAR BUILT | 2024 |
SQUARE FOOTAGE | 1216.0 |
BEDROOMS | 3 |
BATHROOMS | 2 |
BASEMENT | |
FEATURES |
GARAGE | |
PARKING | |
ROOF | Unknown |
LOT SQFT | 0 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | ||
Second Bedroom | ||
Third Bedroom | ||
Dining Room | ||
Family Room | ||
Kitchen | ||
Living Room |
INTERIOR
EXTERIOR
Broker
Homelife Salmon Arm Realty.Com
Agent