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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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$2,498,000
Bedrooms: | 4 |
Bathrooms: | 2 |
Listing Type: | House/Single Family |
Sqft | 2,214 |
Lot Size | 4,778 |
Built: | 1947 |
Price: | $2,498,000 |
Listed By: | Sutton Group-West Coast Realty |
MLS: | R2569568 |
Description
DEVELOPER ALERT: BUY (1) City Block: (13) Lots: 62,306 SF with 430' Frontage. Build a mixed-use rental development. Zoning permits: 6 Floors @ 3.4 FSR with commercial units @ grade & 20% of residential units secured for "below market rentals". XL SITE: 1.430 Acres. PRIME LOCATION: Broadway & Renfrew: SKYTRAIN STATION within 3 blocks. NEW City Interim Re-Zoning Policy for Rupert & Renfrew station areas forecast completion date 1/4 2023. PLAN FOR FUTURE HIGHER DENSITY DEVELOPMENT APPROVAL ON SITE. Tower: 15 Floors & 6 Floor Podium proposed for "Epta Development" site located across the street on NE corner of Renfrew @ Broadway. CALL NOW for more details.
Taxes (2020): $5,853.72
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