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.
DEVELOPMENT SITE - Multifamily development site (a mix of duplexes, infill homes, possibly more) - STEPS from Nanaimo SKYTRAIN station, TROUT Lake/John Hendry Park and COMMERCIAL drive. Assembled and ready to be sold along with 33x122 ft neighbouring lot to the south leading to just over 10,000 sf parcel size. Tenanted - please do not walk on property. Measurements approximate. Please check with City of Vancouver to confirm size and development potential. Gladstone Secondary, parks, elementary schools, restaurants on Commercial drive all within walking distance. Excellent family neighbourhood with tons of growth potential.
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.
