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.
The existing home is situated on a 62 x 124.97 ft lot which the City of Vancouver has allowed a subdivision to create two 31 x 124.97 ft lots. Thus 4, 1/2 duplexes can be constructed on this super prime piece of real estate. Just steps to Oakridge, Annie B. Jamieson Elementary & synagogues galore! The final 1/2 duplex would be an in-demand home for those seeking an affordable Westside location.
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.