3 Bedroom
2 Bathroom
1,455 ft2
Contemporary
Fireplace
Heat Pump, Wall Unit
Heat Pump
$529,000Maintenance, Insurance, Other, See Remarks
$226 Monthly
Brand New Buena Vista Lane Townhomes now under construction with Phase Four, Building ""J"" being ready for occupancy May 15th, 2026. This is a prime location, Unit#35 in Building J. 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 patio, extra open space parking spot along with plenty of visitor parking too. Low strata fees ($226/month), 10 year new home warranty program. 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/Discount & 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 full virtual tour of a finished end unit. (id:62687)
Property Details
|
MLS® Number
|
10376035 |
|
Property Type
|
Single Family |
|
Neigbourhood
|
SE Salmon Arm |
|
Community Name
|
Buena Vista Lane Townhomes |
|
Community Features
|
Rentals Allowed |
|
Features
|
Central Island |
|
Parking Space Total
|
2 |
|
View Type
|
Lake View |
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
|
1,455 Ft2 |
|
Type
|
Row / Townhouse |
|
Utility Water
|
Municipal Water |
Parking
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' |
https://www.realtor.ca/real-estate/29368395/981-12-street-se-unit-35-salmon-arm-se-salmon-arm