32 981 12 Street Southeast, Salmon Arm
MLS® 10376029
Brand New Buena Vista Lane Townhomes now under construction with Phase Four being ready for occupancy on April 30th of 2026. This is prime location Unit #32 located in Building I. This unit has a flex room installed in the back of the garage with a half bathroom. This can be removed for an added parking spot or more garage space. 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, hardiboard exteriors, backyard deck, extra open space parking spot along with plenty of visitor parking too. Low strata fees ($226/month), 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 may apply. 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! See our virtual tour of a completed unit! (id:15474)
Property Details
- Full Address:
- 32 981 12 Street Southeast, Salmon Arm, British Columbia
- Price:
- $ 529,000
- MLS Number:
- 10376029
- List Date:
- February 17th, 2026
- Year Built:
- 2026
Interior Features
- Bedrooms:
- 3
- Bathrooms:
- 2
- Appliances:
- Refrigerator, Range - Electric, Dishwasher, Microwave, Washer/Dryer Stack-Up
- Flooring:
- Vinyl
- Air Conditioning:
- Wall unit, Heat Pump
- Heating:
- Heat Pump, Electric
- Fireplaces:
- 1
- Fireplace Type:
- Electric, Unknown
Building Features
- Architectural Style:
- Contemporary
- Storeys:
- 3
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Garage:
- Attached Garage
- Garage Spaces:
- 2
- Ownership Type:
- Condo/Strata
- Stata Fees:
- $ 226
Floors
- Finished Area:
- 1291 sq.ft.
Land
Neighbourhood Features
- Amenities Nearby:
- Rentals Allowed
Ratings
Commercial Info
Location
Mortgage Calculator
Related Listings
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA" MLS®, REALTOR®, and the associated logos are trademarks of The Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association. The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, “screen scraping”, “database scraping”, and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
Multiple Listing Service (MLS) trademark® The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. ©2017 The Canadian Real Estate Association. All rights reserved. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.