For Sale: 32-981 SE 12 Street, Salmon Arm, BC - REW
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$529,000
3 bd • 3 ba • 1291 sf • Townhouse
32-981 SE 12 Street
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$529,000
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981 12 Street SE Unit# 32Salmon Arm, BC, V1E 2C8

  • 3 Bed
  • 3 Bath
  • 1291 Sqft
  • Townhouse

About this home

Brand New Buena Vista Lane Townhomes now under construction with Phase Four is ready for occupancy. This is prime location Unit #32 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 & 3 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 may apply. 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:63626)
Listed by: Robert McKibbon, Homelife Salmon Arm Realty.Com

Home facts and features

Price details
List Price
$529,000
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Strata Maintenance Fees
$226 Monthly
Home facts
Bedrooms
3
Full Bathrooms
3
Parking Spaces
2
Parking Details
Attached Garage
Property Type
Townhouse
Year Built
Built in 2026 (0 yrs old)
Title
Condo/Strata
Style
Contemporary
Heating Type
Heat Pump, Electric
Cooling
Wall unit, Heat Pump
Features
Balcony, Central island
Appliances
Dishwasher, Microwave, Range - Electric, Refrigerator, Washer/Dryer Stack-Up
Agent details
Primary Agent
Primary Broker
Homelife Salmon Arm Realty.Com
Listing details
Days on REW
111 Days
Property Views
93
MLS® Number
10376029
Source
Canadian Real Estate Association
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Hillcrest Elementary School
  • Public
  • K - 5
DESC StrongStart Centre
  • Public
  • Pre-K
Shuswap Middle School
  • Public
  • 6 - 8
King's Christian School
  • Independent
  • K - 12
South Broadview School
  • Public
  • Pre-K - 5
Bastion Elementary School
  • Public
  • K - 5
Salmon Arm Secondary School
  • Public
  • 9 - 12
Salmon Arm West Elementary School
  • Public
  • K - 5
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Robert McKibbon
Phone:
(250) 804-6288
Office:
250-832-7871
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