Brand New Buena Vista Lane Townhomes now under construction with Phase Three being ready for occupancy this Spring 2025. This is Unit #23 located in Building G. Built to attract first time home buyers &/or rental investors this 1455 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. Financing OAC* with $125,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment + 5% GST, 4.59% interest rate over 25-year amortization with a monthly payment of $2,698.23. 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:4069)
| Address |
981 12 Street SE Unit# 23 |
| List Price |
$489,000 |
| Property Type |
Single Family |
| Type of Dwelling |
Row / Townhouse |
| Style of Home |
Contemporary |
| Area |
British Columbia |
| Sub-Area |
Salmon Arm |
| Bedrooms |
3 |
| Bathrooms |
2 |
| Floor Area |
1,455 Sq. Ft. |
| Year Built |
2024 |
| Maint. Fee |
$226 |
| MLS® Number |
10313012 |
| Listing Brokerage |
Homelife Salmon Arm Realty.Com
|
| Postal Code |
V1E2C8 |
| Features |
Central island |
