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.
Prime development opportunity on a large lot in the heart of Central Lonsdale, City of North Vancouver. Zoning allows for a 4- to 6-unit multiplex with 1.0 FSR. Ideally located within walking distance of shopping, restaurants, cafés, parks, and transit. Existing rentals provide strong holding income, with potential rental revenue exceeding $8,000 per month. All information should be independently verified by the buyer. Showings by appointment only.
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.
