For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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6868 197B Street, Langley
MLS®: R2151655
SOLD: $1,370,000
6 Beds4 Baths3,238 Sq.ft.10,759 Lot SqFt1985 Built
HOUSE ON 2 LOTS- 10,759 sq ft lot with a 3200 sq ft 3 story home on a double lot. Already approved for subdivision, that is valid until December 2017. Home is currently rented for $2500 to a long term tenant who wishes to stay. Each lot is approximately 5000 sq ft and can accommodate a 2 story house with a basement (Buyer can confirm with Township of Langley). House has an unauthorized accommodation. Option to build 2 custom homes or hold for investment. Homes in the area on similar sized lots sold recently for 1.2 million +. Do not disturb tenants or knock on the door. Great opportunity for a family to build side by side or builder/investor (Note: NO GST is payable on either lot)
Listed By: Century 21 Coastal Realty (Surrey) Ltd.
Disclaimer
Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
Contact Bob Harika - Personal Real Estate Corporation
