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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: | 5 |
| Bathrooms: | 3 |
| Listing Type: | House/Single Family |
| Sqft | 1,824 |
| Lot Size | 10,023 |
| Built: | 1979 |
| Price: | $1,799,000 |
| Listed By: | Amex - Fraseridge Realty |
| MLS: | R2860263 |
Description
Great opportunity knocking. Buy now and profit later. Development potential for a land assembly in the prime location of Newton Area. Located in the recently adopted Newton-King George Boulevard Plan allowing mixed use 4 to 6 storey Commercial/Residential Condo Development. Huge 10023 sq ft lot, 3 bedrooms upstairs and a 2 bedroom basement suite generate good rental. Currently rented out to great tenants willing to stay. Hold and develop along with the neighbors.
Taxes (2023): $5,946.86
Amenities
None
Features
Clothes Washer
Dryer
Drapes
Window Coverings
Refrigerator
Stove
