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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Townhouse development opportunity with a conceptual plan illustrating 46 units. Priced to sell with strong underlying land value, this two-acre square parcel is located in the Albion neighbourhood of Maple Ridge and is designated for townhome development with no creeks on site. The property is situated adjacent to a future school and park and is just steps from the Epic Homes master planned community. A drive by the site clearly demonstrates the significant new development activity occurring throughout the surrounding neighbourhood.
Listed By: William Wright Commercial Real Estate Services
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.