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$529,000
British Columbia,Salmon Arm
For Sale Active
981 12 Street SE Unit# 32, Salmon Arm, British Columbia V1E2C8
  • 3
  • 2
  • 1,291 Sqft
Basic Details
Description

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:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 10376029
  • Price: $529,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1,291 Sqft
  • Year Built: 2026
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Single Family
  • Roof:
  • Office Key: 47809
Features & Appliances
Features
  • Heating System: Heat Pump, Electric
  • Cooling System: Heat Pump, Wall unit
  • Fence: Fence
  • Fireplace: Electric, Unknown
  • Parking: Attached Garage
  • Architectural Style: Contemporary
  • Flooring: Vinyl
  • Sewer: Municipal sewage system
  • Fireplaces Total: 1
Address Map
  • Location: CA, British Columbia, Salmon Arm, V1E2C8
  • Street: 12
  • Street Number: 981
  • Street Suffix: Street
  • Longitude: W120° 43' 36.7''
  • Latitude: N50° 41' 33.8''
  • Street Dir Suffix: Southeast
Additional Information
  • Water Source:
  • Community Features:
  • Lot Features:
  • Stories: 3.0
Financial
  • Association Fee: 226
  • Association Fee Frequency: Monthly
  • Association Fee Includes:
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Listing updated: 2026-03-19 13:02:31
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Listing Information
  • List Agent Key: 1562052
  • List Office Key: 47809
  • Modification Timestamp: 2026-02-17T19:55:23Z
  • Originating System Name: Association of Interior REALTORS®
  • Status Change Timestamp: 2026-02-17T19:49:53Z
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Listing updated: 2026-03-19 13:02:31
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