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.
Rarely available 7-suite “Heritage B” West End rental building with redevelopment potential/DP in place. Two large 2 bedroom suites, and Five 'rooming' suites below, currently. There is a DP in place for interior renovation of the existing building plus laneway infill (1.38 FSR with 4,830sf total once complete). Under the West End Community Plan, an investor may wish to take advantage of the Laneway 2.0 strategy allowing for new family-oriented infill rental housing. Also ideal for an owner-occupier or for an investor to simply continue operating as a rental property. Prime West End location; just minutes to popular pedestrian shopping areas of Denman, Robson and Davie Streets and the shores of English Bay Beach.
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.
