24-981 12 Street Se | $489,000
Teresa Prince Agent Photo
Teresa
Prince
P. (250) 549-4161
 Phone Teresa
RE/MAX VERNON
5603 27th Street
 Vernon, BC
 Canada V1T 8Z5

Details

%
Years (35 year max)
Years



Address 24 981 12 Street Se
AreaShuswap / Revelstoke
Sub AreaSESA - SE Salmon Arm
State/ProvinceBritish Columbia
CountryCanada
Price$489,000
Property TypeTownhouse
Bedrooms3
Bathrooms2
Half Baths0
Floor Space1291 Square Feet
WaterfrontNo
Year Built2024
Taxes $0
Tax Year2024
MLS® #10313014

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!

Listed by HOMELIFE SALMON ARM REALTY.COM

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