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.
Investment opportunity in Vancouver''s desirable Fraser area. Situated on a rare 6,400 sq.ft lot (one of only a few wider and longer parcels on the block), this well-maintained 1998-built home offers strong holding income and future upside. The property features 13 bedrooms and 7 bathrooms, including two self-contained basement suites (1-bed + 2-bed) with separate entrances. Fully tenanted with stable rental income. Approved laneway house plans (~1,600 sq.ft.) provide potential for additional rental units. Ideal for investors seeking cash flow and long-term growth.
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.
