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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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Bedrooms: | 4 |
Bathrooms: | 3 |
Listing Type: | House/Single Family |
Sqft | 2,203 |
Lot Size | 7,200 |
Built: | 1968 |
Price: | $1,550,000 |
Listed By: | Royal Pacific Realty (Kingsway) Ltd. |
MLS: | R2529223 |
Description
Attention Investors and developers! Lot is located in the Neighbourhood Attached Residential zone of the Official Community Plan. Land use designation is Duplex without rezoning and subdivision requirements. Potential RT-3 zone for Multiplex (Tonwhousing). FAR=0.85. Highly desirable location, close to school, shopping, restaurants, commuter routes, transit. Perfect property to buy, hold, develop and capitalize on!