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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Investment/Development opportunity near Trout Lake. Apartment building with potential for rezoning and redevelopment with adjacent vacant lots owned by the City of Vancouver. Eight one bedroom units approximately 630 sq ft. Currently rented for well below market rents. Close to parks, shopping and transit.
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.