981 12 Street SE #38, Salmon Arm, British Columbia

Condo / Apartment for Sale in Salmon Arm

981 12 Street SE #38, Salmon Arm, BC

  • CA$529,000
  • 3 BEDS
  • 2 BATHS
  • 1,455 sq.ft. Home
  • CA$529,000

Condo / Apartment for Sale in Salmon Arm

981 12 Street SE #38, Salmon Arm, BC

  • CA$529,000
  • 3 BEDS
  • 2 BATHS
  • 1,455 sq.ft. Home
  • CA$529,000

Key Facts

  • MLS® #: 10350713
  • Property ID: SIRC2457948
  • Property Type: Residential, Condo
  • Living Space: 1,455 sq.ft.
  • Year Built: 2025
  • Bedrooms: 3
  • Bathrooms: 2
  • Parking Spaces: 2
  • Listed By:
  • Homelife Salmon Arm Realty.Com

Property Description

Brand New Buena Vista Lane Townhomes now under construction with Phase Four, Building "J" being ready for occupancy March 2026. This is a prime location, The very end Unit#38 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.

Downloads & Media

Rooms

  • TypeLevelDimensionsFlooring
  • Living roomMain12' x 15'Other
  • Dining roomMain7' 3.9" x 15'Other
  • KitchenMain14' 9.6" x 11' 8"Other
  • BathroomMain6' 2" x 8' 9"Other
  • Laundry roomMain3' x 3'Other
  • Primary bedroom2nd floor13' x 9' 9"Other
  • Bathroom2nd floor5' x 13'Other
  • Bedroom2nd floor10' x 9' 2"Other
  • Bedroom2nd floor9' x 10'Other
  • FoyerBasement14' 6.9" x 15'Other
  • OtherBasement22' x 15'Other

Listing Agents

Homelife Salmon Arm Realty.Com

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Location

981 12 Street SE #38, Salmon Arm, British Columbia, V1E 2C8 Canada

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