981 12 Street SE Unit# 37 Salmon Arm, British Columbia V1E 2C8
$529,000Maintenance, Insurance, Other, See Remarks
$226 Monthly
Maintenance, Insurance, Other, See Remarks
$226 MonthlyBrand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy on June 15th of 2026. This is prime location Unit #37 located in Building J. Built to attract first time home buyers &/or rental investors this 1291 SqFt townhome offers 3 levels, 3 Bedrooms & 3 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. 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:52386)
Property Details
| MLS® Number | 10376043 |
| Property Type | Single Family |
| Neigbourhood | SE Salmon Arm |
| Community Name | Buena Vista Lane Townhomes |
| Community Features | Rentals Allowed |
| Features | Central Island, Balcony |
| Parking Space Total | 3 |
Building
| Bathroom Total | 3 |
| 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 | 2 |
Land
| Acreage | No |
| 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 | 3pc Bathroom | Measurements not available | ||
| 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/29368393/981-12-street-se-unit-37-salmon-arm-se-salmon-arm
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June 07 2026 10:41:44
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