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.
For land assembly. Close to the Burquitlam SkyTrain station, this property features a 1/2 duplex in a development area. Its current zoning is RT-1 and, according to the Burquitlam-Lougheed Neighbourhood Plan, it may be rezoned as RM-3 for development of a medium density apartment building up to 8 storeys with FAR up to 2.4. The land size and finished floor areas are based on the strata plan; the finished floor areas based on the BC Assessment are 913 sf for the main and 728 sf for the above; the room dimensions are approximate. All information, measurements & dimensions are to be independently verified by the purchaser. As non-complying strata, there is no strata council, no strata meeting, no budget, no strata fees and no operating or contingency reserve fund or financial record.
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.
