981 12 Street Se Unit# Pu 1. Salmon Arm, British Columbia V1E2C8

$489,000

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Down Payment: Monthly Payment:
  • 3 Beds
  • 1,455 SqFt
  • $336.08 / SqFt
  • Neighbourhood: SE Salmon Arm
  • HOA: N/a
  • MLS® #: 10312910
  • Year Built: 2024

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MLS® 10312910 is as 1,455sqft Row / Townhouse located at 981 12 Street Se Unit# Pu 1, in Salmon Arm British Columbia. The property features 3 bedrooms, and 2.00 bathrooms.

Description

Brand New Buena Vista Lane Townhomes now under construction with Phase Three being ready for occupancy this Spring 2025. 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. Financing OAC* with $125,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment, 4.99% interest rate over 25 year amortization with a monthly payment of $2963. 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! (id:6289)

981 12 Street Se Unit# Pu 1 - Subdivision Statistics

Avg. asking price $837,182
Price per sq. ft. $359
Median price $649,900
Number of homes for sale in Se Salmon Arm 115
Number of homes for sale in Salmon Arm 312
Avg. Days on Market N/A

Essential Information

  • Listing #10312910
  • Price$489,000
  • Bedrooms3
  • Bathrooms2.00
  • Square Footage1,455
  • Acres1.00
  • Year Built2024
  • TypeSingle Family
  • Sub-TypeRow / Townhouse
  • StyleContemporary

Amenities

  • FeaturesCentral island
  • Parking Spaces2
  • ParkingAttached Garage
  • # of Garages1
  • GaragesAttached Garage

Appliances

Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/Dryer Stack-Up

Additional Information

  • ZoningUnknown

Community Information

  • Address981 12 Street Se Unit# Pu 1
  • AreaBuena Vista Lane Townhomes
  • SubdivisionSE Salmon Arm
  • CitySalmon Arm
  • ProvinceBritish Columbia
  • Postal CodeV1E2C8

Interior

  • Interior FeaturesVinyl,,,,,,,,,,,,,,,,Drywall
  • HeatingElectric Forced air, Heat Pump
  • CoolingHeat Pump, Wall unit
  • FireplaceYes
  • FireplacesElectric
  • # of Stories3

Exterior

  • Lot DescriptionCentral island
  • RoofAsphalt shingle

Listing Details

  • Listing OfficeHomelife Salmon Arm Realty.Com

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Request a showing of 981 12 Street Se Unit# Pu 1, a 3 bedroom, 2.00 bathroom Row / Townhouse in SE Salmon Arm, Salmon Arm. Built in 2024 and approximately 1,455 square feet in size, MLS #10312910 is currently listed for $489,000. To schedule a property tour, contact us at KelownaHomes.ca