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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Corner lot with 582 feet of frontage on Marshal Road. The subject property sits on 2.386 acres of land. The City of Abbotsford has designated that land as industrial in the officially community plan (special Study area B. Gross rent of $6,200 per month. Two rented buildings on the property, 3,210 SF ranger (1,710 SF Main & 1,500 SF Basement) generates $3,350 per month income. Improvements include a recent roof. The 2,100 SF warehouse is accessed from Marshall Road, has its own fenced yard and generates $2,850 per month rent. Improvements include a recent roof. The remainder of the land is vacant.
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.