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.
Welcome to this income-generating property. Currently bringing in a 4.2% net cap rate and over $5,000 per month. Five suites, all one-bedroom / one bathroom. Fully insured and in the ever-growing Britania-Woodlands OCP. Can be bought with neighbouring property 1440 East 1st. Zoning is RM-4N which should allow for 2.4 FSR for 100% secured rental housing.
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.
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.
