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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: | 3 |
| Bathrooms: | 2 |
| Listing Type: | House/Single Family |
| Sqft | 1,283 |
| Lot Size | 6,413 |
| Built: | 1972 |
| Price: | $1,399,999 |
| Listed By: | Planet Group Realty Inc. |
| MLS: | R2870257 |
Description
INVESTOR ALERT! PRIME DEVELOPMENT SITE! Unbelievable investment opportunity in Langley City. Surrounded by condo buildings and new construction, this property is poised for exceptional growth. The city of Langley OCP designates rezoning POTENTIAL to CONDO Development up to six stories with an FAR of 2.1! The home on the property is renovated and features 3 beds and 2 baths, also it includes air-conditioning (great for tenants)! Buy this property and sell for a great return in land assembly! For people looking for a great investment, THIS IS THE ONE!
Taxes (2022): $4,750.50
Amenities
Air Cond.
Central
Features
Air Conditioning
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