981 12 Street Se Unit# Prop. 7 Salmon Arm, British Columbia V1E 2C8

3 Bedroom 2 Bathroom 1291 sqft
Contemporary Fireplace Heat Pump, Wall Unit Forced Air, Heat Pump



$226 Monthly

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. 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:37990)

Property Details

MLS® Number 10313020
Property Type Single Family
Neigbourhood SE Salmon Arm
Community Name Buena Vista Lane Townhomes
Community Features Rentals Allowed
Features Central Island
Parking Space Total 3


Bathroom Total 2
Bedrooms Total 3
Appliances Refrigerator, Dishwasher, Range - Electric, Microwave, Washer/dryer Stack-up
Architectural Style Contemporary
Constructed Date 2024
Construction Style Attachment Attached
Cooling Type Heat Pump, Wall Unit
Fireplace Fuel Electric
Fireplace Present Yes
Fireplace Type Unknown
Flooring Type Vinyl
Heating Fuel Electric
Heating Type Forced Air, Heat Pump
Roof Material Asphalt Shingle
Roof Style Unknown
Stories Total 3
Size Interior 1291 Sqft
Type Row / Townhouse
Utility Water Municipal Water


Attached Garage 2


Acreage No
Sewer Municipal Sewage System
Size Total Text Under 1 Acre
Zoning Type Unknown


Second Level Bedroom 10' x 9'
Second Level Bedroom 9'2'' x 10'
Second Level 4pc Bathroom 13' x 5'
Second Level Primary Bedroom 9'9'' x 13'
Basement Other 15' x 22'
Basement Foyer 15' x 14'7''
Main Level Laundry Room 3' x 3'
Main Level 3pc Bathroom 8'9'' x 6'2''
Main Level Kitchen 11'8'' x 14'1''
Main Level Dining Room 15' x 7'4''
Main Level Living Room 15' x 12'



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Artfully uniting extraordinary lives with extraordinary homes is what we do. Whether you are curious as to your home's current value, or you wish to discuss what improvements and staging you can do to your home that will translate into increased value when selling, let our expertise guide you. Complete this form and we will contact you to discuss how we can be of value.

Client Feedback

  • Thank you for everything. I am so happy we chose your team as you were all so fantastic. You made the process very seamless. I will totally recommend you to others.

    Ryan and Natasha H.

  • We’ve been working with Justin for two years with much success. Justin and his group are organized, professional, efficient, available, and get the job done without chaos and confusion! Justin handles the clients calmly and professionally and keeps things running smoothly. We highly recommend him!"

    Scott & Gina Tyerman

  • Moving from another city, it was easy to see Kelowna offers many choices when it comes to choosing a Realtor®. If you are looking for a knowledgeable, well-connected professional, look no further than Justin O’Connor. He is thorough in his appraisal work and negotiates with a quiet confidence. Justin takes the time to get to know his clients, listens to their plans and stay focussed on their goals. It was a pleasure to work with Justin and his Sotheby’s team. They always kept the process enjoyable and stayed in touch. Justin and his team know how to ease the stresses that come with making big decisions and… he has a great sense of humor!

    Anne Johnston

  • I think I was still in shock last night when we went through this process. Grant and I have loved our home over the years and have always taken pride in updating it for our own enjoyment. When we decided to move to a view lot and build our dream home, we knew our home would be attractive given the location and lot size. Your advice regarding further updates and staging was obviously very advantageous. Thank you!! I would also like to let you and Justin know (as I said, I think I was in a state of shock last night) since I didn’t say so last night, we are so appreciative of everything you have done for us to make this sale happen. I totally understand all of the behind the scenes work you both did with gathering information and providing immediate response to any agent query. You both represented Grant and I very, very well! I know we can’t totally celebrate until March 23 however, the heavy lifting is done. I would not hesitate to recommend the Justin O’Connor Group to anyone buying or selling!

    Grant and Joyce

  • Working with Sotheby's was nothing less than professional. From start to finish everything went smoothly. It's good to choose a realtor that puts the client's interest first. I would recommend anyone selling their property to not hesitate going with Justin and the team!!

    Ernie and Sue

  • When selling your home, it is essential that you are using the most professional and experienced people to guide you through this often complex process. The Sotheby’s group met all of our criteria and requirements to ensure we valued our house at the right price and made sure the entire experience was handled properly from day one all the way through to the final closing. We would highly recommend their friendly expert services.

    Guy and Sonja

  • We have worked with the Justin O Connor team for both the sale of our show homes over the past 5 years as well as for our own personal home sales. The professionalism and knowledge ensured the process proceeded smoothly.

    They do their research and deliver first class service throughout the sale process which carries through to the after-sale support as well. As a custom homebuilder it is important that we have a smooth transition to our clients as we turn over our homes.

    I recommend the team for your real estate needs. You need a great team in the ever-evolving market here in the Okanagan.

    Les Bellamy