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.
Long term investor alert! This is a unique opportunity. Seller will remain resident after completion via a Life Estate registered on title. Will remain responsible for the utilities portion of property taxes, cost of insurance, all repairs & maintenance but no rent payable. Life estate will be released for owners possession of the property upon the seller's death or moving out of the home permanently (to a care facility for example). Seller is 75 years old. Serious investors only please. Ask about possible vendor financing.
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.