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.
Mortgage rates are estimates of current rates. No fees are included.
Excellent investment opportunity. Large lot, 11,254 sq, build now, 5600 sf house or hold out for big $$$ from a Townhouse developer. Huge 1/4 acre lot with functioning 3 bedroom house and huge shop (fits 6 cars!) Currently rented to a great long term tenant. Entire block will be rezoned to RM-30 allowing for a townhouse development. Phase 1 (75 unit) Townhouse complex is already in the works, this lot will be a KEY part to the future phase 2 (additional 74 unit) Townhouse complex.Great investment opportunity.Sold is as where is, buyer assume tenant.
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.
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
