38 981 12 Street Southeast, Salmon Arm
MLS® 10376044
Brand New Buena Vista Lane Townhomes now under construction with Phase Four, Building ""J"" being ready for occupancy May 15th, 2026. This is the prime location, The very end Unit #38 in Building J. Includes upgraded finishing and fireplace, 8'9"" garage door with 11' garage ceiling. 14×25' carport and 14×25' covered deck, with access to the rear yard from the deck. Additional living room windows facing unobstructed west view. 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 patio, extra open space parking spot along with plenty of visitor parking too. Low strata fees ($226/month), 10 year new home warranty program. 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 full virtual tour of a finished end unit for finishes and style. This unit must be seen to be appreciated. (id:15474)
Property Details
- Full Address:
- 38 981 12 Street Southeast, Salmon Arm, British Columbia
- Price:
- $ 589,000
- MLS Number:
- 10376044
- 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, Carport
- Garage Spaces:
- 2
- Ownership Type:
- Condo/Strata
- Stata Fees:
- $ 226
Floors
- Finished Area:
- 1455 sq.ft.
Land
- View:
- Lake view
Neighbourhood Features
- Amenities Nearby:
- Rentals Allowed
Ratings
Commercial Info
Location
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