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:51532)
| Property Summary |
|---|
| Building |
|---|
| Level | Rooms | Dimensions |
|---|---|---|
| Second level | Bedroom | 10' x 9' |
| Bedroom | 9'2'' x 10' | |
| 4pc Bathroom | 13' x 5' | |
| Primary Bedroom | 9'9'' x 13' | |
| Basement | Other | 15' x 22' |
| Foyer | 15' x 14'7'' | |
| Main level | Laundry room | 3' x 3' |
| 3pc Bathroom | 8'9'' x 6'2'' | |
| Kitchen | 11'8'' x 14'1'' | |
| Dining room | 15' x 7'4'' | |
| Living room | 15' x 12' |
| Features | |||||
|---|---|---|---|---|---|
| Central island | Attached Garage(2) | Refrigerator | |||
| Dishwasher | Range - Electric | Microwave | |||
| Washer/Dryer Stack-Up | Heat Pump | Wall unit | |||
