- Active
#37 – 981 12 Street
Salmon Arm · Single Family
- Beds
- 3
- Baths
- 3
- Sqft
- 1,291
- Built
- 2026
Listed by Homelife Salmon Arm Realty.Com · MLS® 10376043
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STRATA FEE PAID BY DEVELOPER FOR 12 MONTHS! Brand New Buena Vista Lane Townhomes Unit #37 ready for occupancy. This is prime location Unit #37 located in Building J. Built to attract first time home buyers &/or rental investors this 1291 SqFt townhome offers 3 levels, 3 Bedrooms & 3 Bathrooms. Includes all appliances; Fridge, Stove, DW, Micro & W/D, Vacuum and all Blinds. Double tandem garage with birch plywood interior. 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), First time buyers incentives are applicable too, such as no property transfer taxes, GST rebate & 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! See our virtual tour of a completed unit!
Home facts
- Bedrooms
- 3
- Bathrooms
- 3 full
- Interior
- 1,291 sq ft
- Year built
- 2026
- Storeys
- 3
- Parking
- 3
- Property type
- Single Family
- Garage
- Yes
- Fireplace
- 1
- Area
- SE Salmon Arm
- Style
- Contemporary
- Listed
- February 17, 2026
- Structure
- Row / Townhouse
- PID
- 032-183-879
- Common interest
- Condo/Strata
Highlights
- Private yard
Features and inclusions
- Appliances
- Refrigerator, Range - Electric, Dishwasher, Microwave, Washer/Dryer Stack-Up
- Heating
- Heat Pump, Electric
- Cooling
- Wall unit, Heat Pump
- Flooring
- Vinyl
- Roof
- Asphalt shingle, Unknown
- Parking
- Attached Garage
- Lot
- Central island, Balcony
- Community
- Rentals Allowed
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $2,460
- Property tax
- $150/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,760
Purchase snapshot
- List price
- $519,000
- Down payment
- $103,800 (20%)
- Estimated mortgage
- $415,200
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,803
- At 5.4009 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- Extreme risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 46%
Who lives here
Documents
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