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.
Situated in Vancouver's esteemed 1st Shaughnessy district, this expansive 100' x 200' corner estate lot is a prime opportunity for developers. The property is primed for redevelopment, offering a highly coveted space for constructing an upscale townhomes or premium condo units. Currently, a modern, fully-renovated 5,350 sqft home resides on the property, potentially providing a steady stream of income. Close to UBC and top-ranked schools, the lot is an attractive investment for those looking to capitalize on its location and zoning benefits. This property presents a straightforward path to a high-value redevelopment project.
1166 MELVILLE STREET
Vancouver
$1,329,900
2 bed, 3 bath
Oakwyn Realty Downtown Ltd.
Listed By: Macdonald Commercial Real Estate Services 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.
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.
