Overview
Price
$529,000
Bedrooms
3
Bathrooms
2
Square Footage
1,291 sqft
About this Townhome in Se Salmon Arm
Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in the Nov of 2025. This is prime location Unit #29 located in Building H. 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 w…ith an attached garage, private side entry, hardi-board 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! (id:14735)
Listed by Homelife Salmon Arm Realty.Com.
Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in the Nov of 2025. This is prime location Unit #29 located in Building H. 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. 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! (id:14735)
Listed by Homelife Salmon Arm Realty.Com.
Brought to you by your friendly REALTORS® through the MLS® System and OMREB (Okanagan Mainland Real Estate Board), courtesy of Gary Judge for your convenience.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
More Details
- MLS®: 10325960
- Bedrooms: 3
- Bathrooms: 2
- Type: Townhome
- Building: 12 Se Street 29, Salmon Arm
- Square Feet: 1,291 sqft
- Full Baths: 2
- Half Baths: 0
- Parking: 3 ()
- Fireplaces: 1 Electric
- Balcony/Patio: Balcony
- Storeys: 3 storeys
- Year Built: 2024
Rooms And Dimensions
- Bedroom: 10' x 9'
- Bedroom: 9'2'' x 10'
- 4pc Bathroom: 13' x 5'
- Primary Bedroom: 9'9'' x 13'
- Other: 15' x 22'
- Foyer: 15'
Get in touch with JUDGE Team
250.899.3101Location and Amenities
Amenities Near 981 - 12 Street SE 29
Se Salmon Arm, Salmon Arm
Here is a brief summary of some amenities close to this listing (981 - 12 Street SE 29, Se Salmon Arm, Salmon Arm), such as schools, parks & recreation centres and public transit.
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