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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: | 2 |
Bathrooms: | 2 |
Listing Type: | Apartment Unit |
Sqft | 1,864 |
Lot Size | 1,000 |
Built: | 2021 |
Mgt Fees: | $941 |
Price: | $1,688,888 |
Listed By: | Royal LePage West Real Estate Services |
MLS: | R2852152 |
Description
Great opportunity! This Work/Live Unit provides the flexibility in ownership of a Commercial Unit and a Residential Unit. The Commercial is ground level along the pedestrian promenade and the 2 Bedroom 2 Bath residential Condo is above with direct access via stairway from the Commercial Unit. There is an opportunity to buy the existing Business as well or establish your own Business at the location. Investors, purchase the work/live unit and rent/lease both properties. Unique opportunity.
Taxes (2023): $3,893.41
Amenities
Elevator
In Suite Laundry
Storage
Wheelchair Access
Features
ClthWsh
Dryr
Frdg
Stve
DW
Security - Roughed In
Sprinkler - Fire