Address
981 12 Street SE Unit# Prop. 10, Salmon Arm, BC
Price
$ 489,000
Property Attributes
  • ID#10313028
  • TypeTownhouse
  • CountyOKANAGANMAINLINE
  • CitySalmon Arm
  • NeighborhoodSE Salmon Arm
  • ZipV1E 2C8
  • StyleSingle Family Dwelling
  • Price$ 489,000
  • Bedrooms3
  • Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1291
Data Source:
RLP - CREA EN
Property Description

Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy this Summer 2024. 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. Developers incentive offering no strata fees ($226/month) for the first year for first time home buyers. 10 year new home warranty program. 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:27)

General Features

Rooms 11
Property Sub Type Single Family Dwelling
Garage yes
Terms SALE
Neighbourhood SE Salmon Arm
Parking yes
Construction Style Attached
Appliances Refrigerator,Dishwasher,Range - Electric,Microwave
Architectural Style Contemporary
Building Type Row / Townhouse
Roof Material Asphalt shingle
Roof Style Unknown
Community Features Rentals Allowed
Features Central island
Property Type Single Family
Sewer Municipal sewage system
Zoning Type Unknown
Parking Spaces 3
Property Title Strata

Interior Features

Total Baths 2
Fireplace yes
Bedrooms 3
Cooling Type Heat Pump,Wall unit
Fireplace Fuel Type Electric
Fireplace Type Unknown
Flooring Type Vinyl
Heating Fuel Electric
Heating Type Forced air,Heat Pump
Beds 3
Total Baths 2

Exterior Features

Parking Type Attached garage

Room Details

Room Dimensions Level Flooring Details
Bathroom 13' x 5' 2nd Level
Bathroom 8'9'' x 6'2'' Main Level
Bedroom 9'2'' x 10' 2nd Level
Bedroom 10' x 9' 2nd Level
Dining 15' x 7'4'' Main Level
Foyer 15' x 14'7'' Basement Level
Kitchen 11'8'' x 14'1'' Main Level
Laundry 3' x 3' Main Level
Living 15' x 12' Main Level
Master Bedroom 9'9'' x 13' 2nd Level
Other 15' x 22' Basement Level

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Townhouse Average in V1E 2C8

Price
AVG $490K
$490K
Visits
AVG 31
17
Data Provided by Inside Real Estate®
Year Built
AVG 2024
2024