Mortgage Calculator
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.
$6,650,000
| Bedrooms: | 3 |
| Bathroom: | 1 |
| Listing Type: | House/Single Family |
| Sqft | 1,080 |
| Lot Size | 6,955 |
| Built: | 1964 |
| Price: | $6,650,000 |
| Listed By: | Sutton Group-West Coast Realty |
| MLS: | R2996755 |
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Description
Rare investment opportunity to acquire 7 lots (37,415 SF) with a further possibility to obtain 2 vacant city lots (12,565 SF) totaling almost 50,000 SF (49,980 SF) and 1.15 acres. This T.O.D. ( Transit Oriented Development) is approximately within the city''s 200 meter requirement for a higher density development of a potential 30 storey and 5.0 FSR development. This development site is a short walk to the Nanaimo Street Skytrain station, and only a 12 minute train ride commute to downtown as well as a breathtaking 360 degree Panoramic city and mountain views. Land assembly includes 2219, 2231, 2235, 2240 E. 24th as well as 2246 & 2256 Vaness Avenue
Taxes (2024): $7,946.54
