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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: | Land |
Lot Size | 8,060 |
Price: | $2,390,000 |
Listed By: | Macdonald Realty |
MLS: | R2935770 |
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Description
Investor, Builder, and Developer Alert! This prime 8,060 sq. ft. corner lot, with convenient side and rear lane access, offers endless potential under the Official Community Plan (OCP), which designates it for RT (Townhouse Residential) zoning. Build townhomes, subdivide the lot to create two single-family homes, or explore coach house options. This property is all about the land value, making it a rare and lucrative development opportunity.
Taxes : $4,469.88