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.
Broadway Corridor land assembly potential: If the other four neighbors participate, the estimated size of the assembly could be 132'x122'(16,104 sf). This parcel is a legal non-conforming 5-plex with 6 electric meters sitting on a 33 x 122 lot. The gross rental is $7850/mo, and the net rental is $6445/mo. The building was substantially renovated in 2009 with new kitchens, bathrooms, electrical panels, electric heat, windows, doors, and roofing.
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.