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 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. 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! (id:55532)
- Property Type Townhouse
- Neighborhood Se Salmon Arm
- County N/A
- Property Tax N/A
- HOA/Condo/Coop Fees $226 monthly
- Days on Site 16 Days
- MLS® Status Active
- MLS® ID Number 10313028
- SqFt Source N/A
- Year Built 2024
- Price Per SqFt $378
- Lot Size N/A
- Full Baths 2
- Partial Baths N/A
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen online |
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General Features
- Style Contemporary
- Parking Attached Garage
- Sewer Public Sewer
- Number of Stories 3
- Water Public
- Property Sub Type Townhouse
- Attached Garage Yes
- Zoning Unknown
Interior Features
- Cooling Heat PumpWall Unit
- Heating Forced AirHeat PumpElectric
- Appliances RefrigeratorDishwasherRange - ElectricMicrowaveWasher/ Dryer Stack- Up
- Flooring Vinyl
- Fireplace Features UnknownElectric
- Fireplace Yes
Exterior Features
- Roof Asphalt
Community Features
- Association Dues 226
- Community Features Rentals Allowed
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Monthly Payment (Est.)
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