Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy in the Dec of 2025. This is prime location Unit #28 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 $120,000 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, 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:4069)
Address
981 12 Street SE Unit# 28
List Price
$529,000
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
1,291 Sq. Ft.
Year Built
2024
Maint. Fee
$226.00
MLS® Number
10325957
Listing Brokerage
Homelife Salmon Arm Realty.Com
Postal Code
V1E2C8
Features
Central island
