Don Rae Realtor


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  • 981 12 Street SE Unit# 30 Salmon Arm V1E2C8

    Price : $529,000 Listing ID : 10325962
    Bedrooms Bathrooms
    Property Type : Single Family Building Type : Row / Townhouse
    Maintenance Fee : 226.00 Fee Paid : Monthly
    Title : Strata Finished Area : 1455 sqft
    Built in : 2024 Total Parking Spaces : 2
    Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy this Nov 2025. This is a prime location, Unit#30 in Building H. 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. Low strata fees ($226/month), 10 year new home warranty program. 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:56537)

    Call (250)-864-7337 for showing information.
    Details
    Amenities Nearby : - Access : - Appliances Inc : Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/Dryer Stack-Up
    Community Features : Pets Allowed, Pet Restrictions Features : Central island Structures : -
    Total Parking Spaces : 2 View : - Waterfront : -
    Zoning Type : Unknown
    Building
    Architecture Style : Contemporary Bathrooms (Partial) : 0 Cooling : Heat Pump, Wall unit
    Fire Protection : - Fireplace Fuel : Electric Fireplace Type : Unknown
    Floor Space : - Flooring : Vinyl Foundation Type : -
    Heating Fuel : Electric Heating Type : Forced air, Heat Pump Roof Style : Unknown
    Roofing Material : Asphalt shingle Sewer : Municipal sewage system Utility Water : Municipal water
    Basement
    Type : - Development : - Features : -
    Land
    Landscape Features : -
    Rooms
    Level : Type : Dimensions :
    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 10' x 9'
    Bedroom 9'2'' x 10'
    Primary Bedroom 9'9'' x 13'
    Data from sources believed reliable but should not be relied upon without verification. All measurements are approximate.MLS®, Multiple Listing Service®, and all related graphics are trademarks of The Canadian Real Estate Association. REALTOR®, REALTORS®, and all related graphics are trademarks of REALTOR® Canada Inc. a corporation owned by The Canadian Real Estate Association and the National Association of REALTORS® .Copyright © 2023 Don Rae REALTOR® Not intended to solicit properties currently under contract.