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.
A GEM opportunity for Developers & investors in the heart of Coquitlam West. This 8,778 SF property Zoned for RT-1 & falls within Area Plan for Medium Density Apartment Residential. With the thrilling rezoning potential to RM-3, allowing for a remarkable 2.4 FSR. Neighbor properties possibly open to selling in 5 lots assembly, total area is approximately 43,526 sqft, creating fantastic choice for developers seeking to redevelop a 6-8 story residential apartment complex. Even as an individual investor, holding this unique lot in the middle of five others (at the heart f potential land assembly) promising substantial profits in the evolving real estate market. New developments are being built and are proposed all around this property. Call today for an information package.
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.
