$489,000
981 12 Street SE Unit# Prop. 11
Salmon Arm British Columbia
General 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:56795)
General Information |
MLS® Number: | 10313032 |
Property Type: | Single Family |
Building Type: | Row / Townhouse |
Ownership: | Strata |
Zone Code: | Unknown |
Year Built: | 2024 |
Layout |
Bedrooms: | 3 |
Bathrooms: | 2 |
Stories: | 3 |
Finished Floor Area |
Total: | 1291 sqft |
Lot & Area Information |
Features: | Central island |
Irregular Lot? | No |
Acreage? | No |
Parking |
Parking: | Attached Garage / 2 space(s) |
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Agents
Rob McKibbon
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Rooms |
Basement |
Foyer: |
15' x 14'7'' |
Other: |
15' x 22' |
Main level |
3pc Bathroom: |
8'9'' x 6'2'' |
Dining room: |
15' x 7'4'' |
Kitchen: |
11'8'' x 14'1'' |
Laundry room: |
3' x 3' |
Living room: |
15' x 12' |
Second level |
4pc Bathroom: |
13' x 5' |
Bedroom: |
9'2'' x 10' |
Bedroom: |
10' x 9' |
Primary Bedroom: |
9'9'' x 13' |
|
Property & Building Features
Fireplace: | Unknown |
Fireplace Fuel: | Electric |
Roof: | Asphalt shingle |
Water: | Municipal water |
Sewage: | Municipal sewage system |
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Appliances: | Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/Dryer Stack-Up |
Heating: | Forced air, Heat Pump |
Fuel: | Electric |
Cooling: | Heat Pump, Wall unit |
Flooring: | Vinyl |
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