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.
Exceptional Opportunity for Developers and Investors with RM-3A Zoning! Here's your chance to invest in a prime property in the Marpole area in the Vancouver Westside. Situated on a corner lot measuring 33x88.5 (2920.5 sqft), the house features a total of 6 bedrooms and 3 bathrooms, with 3 legal suites. In 2022, the owner invested over $70K in renovations, including fresh paint, a new hot water tank, and a new high-efficiency heating system (costing $12K), with one unit boasting a new bathroom. Each unit ranges from 751 to 838 sqft, with a coin-operated laundry. Close to $7700 monthly rental + laundry income. Conveniently located for transportation and shopping, this property is now zoned RM-3A, offering immense potential for holding or future development.
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.
