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981 12 Street SE Unit# 24
SE Salmon Arm Salmon Arm V1E 2C8

$489,000
Single Family beds: 3 baths: 2.0 1,291 sq. ft. built: 2024

Main Photo: 981 12 Street SE Unit# 24 in Salmon Arm: Condo for sale : MLS®# 10313014
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Status:
Active
Prop. Type:
Single Family
MLS® Num:
10313014
Bedrooms:
3
Bathrooms:
2
Year Built:
2024
Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy in the Spring of 2025. This is Unit #24 located in Building G. 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. 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:2493)
Property Type:
Single Family
Common Interest:
Condo/Strata
Property Attached:
Yes
Total Living Area:
1,291 sq. ft.
Transaction Type:
For sale
Zoning:
Unknown
Ownership Type:
Strata
Association Fee:
226.0
Association Fee Frequency:
Monthly
Taxes:
$0 / -
Community:
SE Salmon Arm
Community Features:
Rentals Allowed
Structure Type:
Row / Townhouse
Appliances Included:
Refrigerator, Range - Electric, Dishwasher, Microwave, Washer/Dryer Stack-Up
Home Style:
Contemporary
Bedrooms:
3
Bathrooms:
2.0
Half Bathrooms:
0
Roof:
Asphalt shingle, Unknown
Construction Style Attachment:
Attached
Cooling:
Wall unit, Heat Pump
Fireplace:
Yes
Fireplaces:
1
Fireplace Type:
Electric, Unknown
Floor finish:
Vinyl
Heating:
Forced air, Heat Pump, Electric
Roof Style:
Asphalt shingle, Unknown
# Storeys:
3.0
Water:
Municipal water
Sewer:
Municipal sewage system
Acreage:
No
Lot Size:
under 1 acre
Lot Features:
Central island
Parking:
Attached Garage
Total Parking Spaces:
2
Floor
Type
Size
Other
Main level
Laundry room
3' × 3'
-
Main level
Kitchen
14'1" × 11'8"
-
Main level
Dining room
15' × 7'4"
-
Main level
Living room
15' × 12'
-
Second level
Bedroom
10' × 9'
-
Second level
Bedroom
10' × 9'2"
-
Second level
Primary Bedroom
13' × 9'9"
-
Basement
Other
22' × 15'
-
Basement
Foyer
15' × 14'7"
-
Floor
Ensuite
Pieces
Other
Main level
No
3
6'2" x 8'9"
Second level
No
4
5' x 13'
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Listed by Homelife Salmon Arm Realty.Com
Data was last updated December 26, 2024 at 06:45 PM (UTC)
Area Statistics
Listings on market:
56
Avg list price:
$529,000
Min list price:
$179,000
Max list price:
$2,500,000
Avg days on market:
78
Min days on market:
15
Max days on market:
258
Avg price per sq.ft.:
$386.67
These statistics are generated based on the current listing's property type and located in SE Salmon Arm. Average values are derived using median calculations.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are member’s of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.