#36 981 12 Street Se, Salmon Arm, BC
#36 981 12 Street Se, Salmon Arm, BC
Shuswap | SE Salmon Arm - 10350729
Description
Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in March of 2026. This is prime location Unit #36 located in Building J. 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, hardiboard 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! See our virtual tour of a completed unit! (id:60457)
Property Details
Property Type | Row / Townhouse |
Style of House | Contemporary |
Asking Price | $529,000 |
Maintenance Fee | $226 |
Listing Date | Jun 4, 2025 |
Days on Market | 32 days |
Size of House | 1,291 sqft |
Price per House SqFt | $410 |
Maint. Fee per SqFt | $0.18 |
Age of House | 0 years (2025) |
Ownership Interest | Condo/Strata |
PID | 032-183-879 |
Seller's Agent | Homelife Salmon Arm Realty.Com |
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Listing Details
Asking Price | $529,000 |
Listing Date | Jun 4, 2025 |
Days on Market | 32 Days |
MLS® Number | 10350729 |
Primary Broker | Homelife Salmon Arm Realty.Com |
Features & Amenities
✓ Central island | ✓ Balcony |
✓ Rentals Allowed | ✓ Wall unit |
✓ Heat Pump | ✓ Refrigerator |
✓ Range - Electric | ✓ Dishwasher |
✓ Microwave | ✓ Washer/Dryer Stack-Up |
Room Information
Mortgage Calculator
ESTIMATED PAYMENTS
$2,034
ESTIMATED PAYMENTS
$2,034

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Nearby Schools
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