Key Facts
- MLS® #: 10350695
- Property ID: SIRC2457960
- 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 "I" being ready for occupancy March 2026. This is a prime location, Unit#31 in Building I. 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
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Location
981 12 Street SE #34, Salmon Arm, British Columbia, V1E 2C8 Canada
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- Principal and Interest 0
- Property Taxes 0
- Strata / Condo Fees 0