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.
Transit oriented development property located right along Fraser Highway (only 225M from the future Sky Train Stop). Property is designated as Low Rise Residential (2.5 FAR) as per the latest Clayton Corridor Plan. Potential for higher density as per the recent Provincial Legislation that states any property that is located between 201-400M of a Sky Train stop will be permitted for 4.0 FAR, up to 12 storeys.
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.
