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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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Bedroom: | 0 |
Bathroom: | 0 |
Listing Type: | House/Single Family |
Sqft | 2,100 |
Lot Size | 20,146 |
Built: | 1999 |
Price: | $4,888,000 |
Listed By: | RE/MAX City Realty |
MLS: | R2875565 |
Description
DEVELOPER ALERT! This centrally located site presents a prime opportunity for redevelopment. Situated within the King George Highway Corridor Plan, the current designation of 15 UPA offers the potential for rezoning to higher density. Similar sites in the area have recently been rezoned for 6-12 storey mixed-use buildings, highlighting the potential for this property. The property boasts direct access to Highway 99, making it an ideal location for easy commuting. Its proximity to schools, Peace Arch Hospital, transit, Morgan Crossing & White Rock Beach enhances its appeal for development. Don't miss out on this rare opportunity.
Taxes (2023): $5,519.15