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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: | 6 |
Bathrooms: | 4 |
Listing Type: | House/Single Family |
Sqft | 2,606 |
Lot Size | 5,672 |
Built: | 1912 |
Price: | $5,600,000 |
Listed By: | Pacific Evergreen Realty Ltd. |
MLS: | R2862351 |
Description
Nestled in the prestigious Westside of Vancouver, this prime property presents a golden opportunity with its generous 5,672 sqft lot. Currently generating an impressive $7,200 monthly rent with two additional rooms available for even greater income potential, this home embodies the perfect blend of immediate revenue and future development possibilities. The existing structure invites a vision for transformation or redevelopment in line with Kitsilano’s charm. With the allure of high rental income and the promise of developmental flexibility, this offering is a strategic investment in one of Vancouver’s most coveted neighbourhoods.
Taxes (2023): $10,313.60
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