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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 | 2,884 |
Lot Size | 6,566 |
Built: | 1976 |
Price: | $2,299,900 |
Listed By: | Royal Pacific Realty Corp. |
MLS: | R2876134 |
Description
Builders and Investors - Prime development opportunity in Central Burnaby! This 6,566 sf rectangular lot has already been subdivided into two lots. Build now or hold for even greater potential for multi-family when combined with neigboring lots. Please verify with the City of Burnaby's transit oriented development plan. Bonus is a 5 bedroom 3 bathroom home with 2 separate suites that can generate good income, with each suite having their own kitchen and laundry. Centrally located and only 2 min drive to Metrotown, skytrain, schools, Central Park, Bonsor community centre, grocery, and award-winning restaurants.
Taxes (2023): $5,989.22
Features
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