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.
Mortgage rates are estimates of current rates. No fees are included.
Triplex plans have been submitted to the with careful consult with the City of Coquitlam. This property falls under the "Southwest Housing Review" and so NO REZONING IS NEEDED FOR TRIPLEX. Also, savvy buyers should consult with the new TRANSIT ORIENTED AREAS as this property would fall in close enough proximity to Braid Station (Tier 2 = 4.0 FSR/FAR and up to 12 stories). House needs work, but with some general clean up could be great rental income while you wait. Detached garage space offers secondary rental option. Easily commutable to Vancouver, and minutes to all levels of shops, transportation options, education. This is a GREAT INVESTMENT!
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.
