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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: | 3 |
| Bathrooms: | 2 |
| Listing Type: | House/Single Family |
| Sqft | 1,847 |
| Lot Size | 4,031 |
| Built: | 1942 |
| Price: | $2,550,000 |
| Listed By: | RE/MAX Select Properties |
| MLS: | R2878425 |
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Description
Circa 1942 Bungalow on a 33' x 122.16' flat treeless lot ideal for redevelopment in prime Arbutus neighbourhood location. House is well kept and very rentable. Main has large living, dining and kitchen with 2 bedrooms and a 4 piece bath. Basement has a family room, 3rd bedroom plus a 2nd bathroom and a large unfinished storage area. Mountain views from main floor, Sunny South exposed backyard. This is a great opportunity to build your dream home or redevelop the property into multifamily under the new zoning regulations.
Taxes (2023): $8,661.68
