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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A substantially renovated bungalow with unfinished basement and higher density redevelopment potential! Excellent investment property. Renovations include bathroom, new kitchen cabinets and appliances, new flooring throughout the main floor, exterior and interior repainting. Monthly rent is $2900 plus utilities, zoned for row/townhouse development.
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.