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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: | 4 |
| Bathrooms: | 2 |
| Listing Type: | House/Single Family |
| Sqft | 2,472 |
| Lot Size | 6,100 |
| Built: | 1948 |
| Price: | $1,931,000 |
| Listed By: | Stilhavn Real Estate Services |
| MLS: | R2857477 |
Description
Searching for a redevelopment property? Ideally located within steps of the Northwoods Village (Stongs, Starbucks, ...) in the Maplewood Village Centre, this 6100 square foot development lot is waiting for a new lease on life. Hold now, rent it out or build a new home. Possibly part of a larger LAND ASSEMBLY on the corner of Old Dollarton Rd & Riverside Drive, the OCP calls for a 4 – 6 storey development of up to 2.5 FSR under “Residential Level 6: Medium Density Apartment.” So much potential and a multitude of options! Contact your Realtor for further information.
Taxes (2023): $5,423.23
