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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 | 2,698 |
| Lot Size | 43,560 |
| Built: | 1976 |
| Price: | $4,588,000 |
| Listed By: | Royal LePage West Real Estate Services |
| MLS: | R2833942 |
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Description
OUTSTANDING INVESTMENT OPPORTUNITY in the heart of Anniedale/Tynehead NCP. Prime 1 acre CORNER lot, 2 road frontages with no creeks or streams. Designated as medium (25+ Units p/acre). This flat site is primely situated with easy access to HWY 1 and Golden Ears Bridge. Preliminary site plan available achieving potential for 22+ units. Purchase and hold for future development options and capital appreciation. Current home is solid and perfect to generate some holding income. A lot of activity and excitement around this area. Selling for land value. DO NOT WALK PROPERTY WITHOUT APPT. Buyer to make city inquiries for information.
Taxes (2023): $10,439.66
Features
ClthWsh
Dryr
Frdg
Stve
DW
Drapes
Window Coverings
Vaulted Ceiling
