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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: | 5 |
Bathrooms: | 3 |
Listing Type: | House/Single Family |
Sqft | 3,190 |
Lot Size | 11,451 |
Built: | 1953 |
Price: | $5,500,000 |
Listed By: | Team 3000 Realty Ltd. |
MLS: | R2710830 |
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Description
ATTENTION: Investment property in RESIDENTIAL RENTAL DISTRICT. Located in the middle of the block with potential land assembly. Potential for a five story (2.2 FSR) secured rental building (See City of Vancouver Residential Rental Districts Schedule Designs Guidelines (specifically RR-2B)). Less than 15 minutes to Downtown Vancouver. Home can be rented while permits and plans are being applied for. Buyer/Buyer agent to perform your own due diligence. AS IS, WHERE IS. Call/email the listing agent/your agent for a buyer information package.
Taxes (2022): $11,520.90