property-description
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 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 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:38686)
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detailsSection.headers.propertyDetails
Property Tax
: detailsSection.notApplicableLast Updated
: Fri, May 17, 2024Mls Num
: 10313034Listing Date
: May 4, 2024
detailsSection.headers.homeFeatures
Property Type
: detailsSection.listingTypeId.160Sq Ft Raw
: detailsSection.sqft
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Partial Bathrooms
: 0
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Heating
: Heat Pump, Forced air, ElectricFireplace
: detailsSection.yesFlooring
: Vinyl
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Sewer
: Municipal sewage system
detailsSection.headers.other
Parking Features
: Attached GarageFireplace Features
: Electric, Unknown
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