Jessica Plaxton
Referral Partner
Questions? Call: (778) 721-5636
MLS® 10325960 is as 1,291sqft Row / Townhouse located at 981 12 Street Se Unit# 29, in Salmon Arm British Columbia. The property features 3 bedrooms, and 2.00 bathrooms.
Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in the Nov of 2025. This is prime location Unit #29 located in Building H. Built to attract first time home buyers &/or rental investors this 1291 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. 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! (id:6289)
| Avg. asking price | $801,289 |
| Price per sq. ft. | $342 |
| Median price | $699,000 |
| Number of homes for sale in Se Salmon Arm | 77 |
| Number of homes for sale in Salmon Arm | 226 |
| Avg. Days on Market | N/A |
Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/Dryer Stack-Up
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