Shantz Prec*
#105-650 Trans Canada Hwy
Salmon Arm, BC
Canada V1E 2S6
Details
Address | Prop. 12 981 12 Street Se |
Area | Shuswap / Revelstoke |
Sub Area | SESA - SE Salmon Arm |
State/Province | British Columbia |
Country | Canada |
Price | $489,000 |
Sold | October 2024 |
Property Type | Townhouse |
Bedrooms | 3 |
Bathrooms | 2 |
Half Baths | 0 |
Floor Space | 1455 Square Feet |
Waterfront | No |
Year Built | 2024 |
Taxes | $0 |
Tax Year | 2024 |
MLS® # | 10313034 |
Brand New Buena Vista Lane Townhomes now under construction with Phase One being ready for occupancy this Summer 2024. 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. 10 year new home warranty program. Financing OAC* with $125,000 household pre-tax annual income, financing packages for first time home buyers include 5% down payment, 4.99% interest rate over 25 year amortization with a monthly payment of $2963. 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