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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: | 2 |
Bathroom: | 1 |
Listing Type: | House/Single Family |
Sqft | 1,039 |
Lot Size | 6,489 |
Built: | 1949 |
Price: | $2,400,000 |
Listed By: | RE/MAX 2000 Realty |
MLS: | R2875200 |
Description
The property is designated "Mixed Use Residential" which will allow a FAR of 2.5-3.5 due to potential density bonusing provisions in the OCP Bylaw Building height can be a maximum of 12 storeys. Mixed use residential allows for ground floor commercial and residential above. See included draft plan renderings for both a 6 storey and 12 storey building on this assembled side. 3 parcels must be purchased together and total nearly half an acre. (20755 Douglas Crescent, 20765 Douglas Crescent, 5453 208 Street)
Taxes (2023): $4,857.29
Amenities
None
Features
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