For Sale: 37-981 SE 12 Street, Salmon Arm, BC - REW
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$529,000
3 bd 3 ba 1291 sf Townhouse

981 12 Street SE Unit# 37Salmon 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 being ready for occupancy on June 15th of 2026. This is prime location Unit #37 located in Building J. 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. 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
Strata Maintenance Fees
$226 Monthly
Home facts
Bedrooms
3
Full Bathrooms
3
Parking Spaces
3
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
112 Days
Property Views
37
MLS® Number
10376043
Source
Canadian Real Estate Association
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Estimated Payments
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
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-09.