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.
UP TO 8 UNIT MULTIPLEX can be built on this great FRASERVIEW 6,495 sf lot, with LANE ACCESS, in one of Vancouver’s most central and up and coming locations! Under the new City Of Vancouver MULTIPLEX PROGRAM, you can get a maximum of 6,350 sf BUILDABLE on this lot (seller has done the due diligence but buyers are encouraged to do their own). The EXISTING 5 bed 3 bath bungalow home was substantially renovated in 2020 with A/C, 200amps, PEX piping, and could generate great rental returns while waiting for permitting or holding for the longer term. Upstairs is not tenanted and ready for you to move into or rent out, while the 2 basement suites are tenanted! This property is a great opportunity for the savvy builder to get into the multiplex market today!
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.
