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$529,000
For Sale

#36 981 12 Street Se, Salmon Arm, BC

3
beds
2
baths
1,291
sqft

#36 981 12 Street Se, Salmon Arm, BC

Shuswap | SE Salmon Arm - 10350729

Est.: $2,034/mo

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 TypeRow / Townhouse
Style of HouseContemporary
Asking Price$529,000
Maintenance Fee$226
Listing DateJun 4, 2025
Days on Market32 days
Size of House1,291 sqft
Price per House SqFt$410
Maint. Fee per SqFt$0.18
Age of House0 years (2025)
Ownership InterestCondo/Strata
PID032-183-879
Seller's AgentHomelife Salmon Arm Realty.Com

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Storeys (Finished)
Basement Info
Floor Area (Finished)
Renovations
Rules
Roof
Flooring
Exterior Finish
Foundation
Outdoor Features
Parking
Fireplaces
Heating
Utilities
Water Supply
Sewer
Rear Yard
Flood Plain
Zoning

Listing Details

Asking Price$529,000
Listing DateJun 4, 2025
Days on Market32 Days
MLS® Number10350729
Primary BrokerHomelife 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

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RoomLevelDimensions

Mortgage Calculator

ESTIMATED PAYMENTS

$2,034

20.0% | $105,800
30 Years
4.09%
Borhan Farjoo - Mortgage Partner

Borhan Farjoo

RTC - BORHAN FARJOO MORTGAGE SERVICES INC

Vancouver's trusted, award-winning mortgage matchmaker. Borhan is your go-to expert, always on your side. Let's turn your home ownership dream into reality with top lenders and tailored rates.

The displayed rates are provided as guidance only, are not guaranteed, or are to be considered an approval of credit. Approval will be based solely on your personal situation. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

Nearby Schools

School NameAddressDetails

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