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.
Builders and investors alert! Potential development opportunity in Central Burnaby! This rectangular 6,566 sq. ft. Property comprises two legal lots, offering the flexibility to build now or hold for potential future multifamily redevelopment through assembly with neighbouring properties. The existing five-bedroom, three-bathroom home features two self-contained suites, each with its own kitchen and laundry, providing excellent rental-income potential. Ideally located just minutes from Metrotown, SkyTrain, schools, Central Park, Bonsor Recreation Complex, grocery stores and award-winning restaurants.
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.
