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.
ATTENTION DEVELOPERS AND INVESTORS! Opportunity to purchase 17,789 SF development site within Burnaby’s SIXTH STREET COMMUNITY PLAN. Full drawings are complete and application is in process with the City of Burnaby. Application consists of a Mixed use 6 storey building with commercial on the ground floor (7,500 SF / 4 UNITS) and 5 levels with a combination of residential market sale and rental (48,525 SF / 57 UNITS), for a total of 57,000 SF of Buildable. Great location as one of Burnaby's rapidly surging neighbourhoods. Currently generating $123,000+ in gross rental income per annum. Full information package available. Property to be sold in conjuction 7629 6th Street and 7873 14th Avenue.
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.
