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.
Licensed 4 Suite House in the Heart of Commercial Drive. 4 Level, 3419 SF Bldg, good condition w updated gas, elec, plumb, newer metal roof, gas ranges, washer/dryer. Lots of Character, high ceilings, stained glass, wooden floors, & stair bannisters. City/Mtn Views. Top: Big 1 Bdrm Suite w balconies front & back rent $1850/mo. 2nd Flr: 2 Bdrm & Den w huge balcony, rented @ $2350/mo. Main: 2 Bdrm Suite w big rear deck rented @ $2295/mo. Grd: 2 Bdrm Suite, rent $1795/mo. Inc $8440/mo or $101,280/yr, 3.5% Cap Rate w upside. Great for Investors, Owner Occupiers & Renovators, one of Vancouver’s best neighbourhoods, steps to shops, restaurants, mins D/T. View w 2 day notice, COVID rules, Masks required. Call LS Showing, Info Pkg Flr Plan Showing Wed May 25h @ 4:00pm gone by 4:45pm by Appt Only.
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.
