#37 – 981 12 Street
Salmon Arm · V1E2C8
$2,755/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Salmon Arm · V1E2C8
$2,755/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
Brand New Buena Vista Lane Townhomes now under construction with 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!
3
Beds
1,291 ft²
Floor area
2026
Year built
Single Family
Type
SE Salmon Arm
Area
Listed
February 17, 2026
$529,000 is 48.7% below the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
20 min
walk to Askew's Foods
3h 40m
bike to Orient Chair Top Station
12h 13m
walk to Orient Chair Top Station
12h 39m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 48%
| Detached | 71 | 47.7% |
| Land | 25 | 16.8% |
| Condo / Apartment | 18 | 12.1% |
| Townhouse | 18 | 12.1% |
| Other | 9 | 6.0% |
| Other | 8 | 5.4% |
| $20,000 to $24,999 | 10 | 4.7% |
| $25,000 to $29,999 | 5 | 2.3% |
| $35,000 to $39,999 | 5 | 2.3% |
| $40,000 to $44,999 | 5 | 2.3% |
| $45,000 to $49,999 | 10 | 4.7% |
| $50,000 to $59,999 | 15 | 7.0% |
| $60,000 to $69,999 | 15 | 7.0% |
| $70,000 to $79,999 | 10 | 4.7% |
| $80,000 to $89,999 | 15 | 7.0% |
| $90,000 to $99,999 | 10 | 4.7% |
| $100,000 to $124,999 | 30 | 14.0% |
| $125,000 to $149,999 | 20 | 9.3% |
| $150,000 to $199,999 | 45 | 20.9% |
| $200,000 and over | 20 | 9.3% |
Pick the records that matter for this property. Relta inquires with the listing agent and strata on your behalf, then tells you what came back. Some documents cannot always be obtained.
Request the due-diligence package
Relta requests these from the listing agent and strata and follows up with what is available. Availability is not guaranteed. Review any documents with the appropriate professionals.
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,755
Principal and interest
Calculated estimate
$2,447
Property tax
Calculated estimate
$158/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$529,000
Down payment
Calculated estimate
$105,800 (20%)
Estimated mortgage
Calculated estimate
$423,200
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$2,755
/mo
Rate
%
Amortization
Principal and interest
$2,447
Property tax (est.)
$158
P&I
Tax
Down payment
$105,800 (20%)
Get Pre-Approved
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $105,800 down (20%) on $529,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
At 5.1444 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.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
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.