981 12 Street Se Unit# 33, Salmon Arm, British Columbia V1E 2C8

Listed for:
$529,000
3 beds
2 baths
Listed 13 days ago
Row / Townhouse for rent: 981 12 Street Se Unit# 33, Salmon Arm, British Columbia V1E 2C8

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About

Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy on April 30th of 2026. This is prime location Unit #33 located in Building I. This unit has a flex room installed in the back of the garage with a half bathroom. This can be removed for an added parking spot or more garage space. 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:27476)

Property Highlights

MLS® Number
10376031
Type
Single Family
Community Name
Buena Vista Lane Townhomes
Maintenance Fee
226.00
Ownership Type
Strata
Land Size
under 1 acre
Parking Space Total
2

Building

Building Type
Row / Townhouse
Storeys
3.00
Square Footage
1291 sqft
Bathrooms Total
2
Bedrooms Total
3
Fireplace Present
Yes
Basement Type
Basement Features
Building Heating Type
Heat Pump
Heating Fuel
Electric
Building Cooling Type
Heat Pump, Wall unit

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Room Layout

Bedroom
Second level
10' x 9'
Bedroom
Second level
9'2'' x 10'
4pc Bathroom
Second level
13' x 5'
Primary Bedroom
Second level
9'9'' x 13'
Other
Basement
15' x 22'
Foyer
Basement
15' x 14'7''
Laundry room
Main level
3' x 3'
3pc Bathroom
Main level
8'9'' x 6'2''
Kitchen
Main level
11'8'' x 14'1''
Dining room
Main level
15' x 7'4''
Living room
Main level
15' x 12'

Location

Learn more about this property
Listing provided by:
Homelife Salmon Arm Realty.Com
MLS® number:
10376031
Agent:
Robert Mckibbon
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Street Spotlight - For sale