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.
Mortgage rates are estimates of current rates. No fees are included.
ATTENTION DEVELOPERS!!! Located in highly sought-after Cedar Cottage neighbourhood, this large 52 x 113 (5,879 SqFt) corner lot with lane access comes with ready-to-go plans for a 5-unit development totaling 5,913 SqFt. Each proposed unit features three bedrooms with separate entrances, offering flexibility for end-users or investors alike. Permit applications are already underway. Perfect for a developer to capitalize immediately. School Catchment: Lord Selkirk Elem. & Gladstone Sec.; French Immersion: Laura Secord Elem. & Van Tech Sec. Walkable access to transit (33 to UBC), groceries (Save-On-Foods, T&T), restaurants (White Spot, Golden Swan), and recreation (QE Park, Hillcrest & Kensington CC). A rare, shovel-ready opportunity in one of East Vancouver’s most vibrant communities.
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.
