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.
DEVELOPERS & BUILDERS! This centrally located lot offers an incredible opportunity! Build 3 large townhomes with a total buildable size of over 5,100sf (average of 1,719sf / unit), or hold for potentially more density in the future. Zoned RT-1 which allows for Duplex Development w/ permitted density of 0.5 FSR, however, it is also designated as R4A in the OCP (check w/ City of NV), which allows for medium density development with max density of 1.0 FSR. Process for higher density development under way - PCA has been reviewed and City of NV is supporting a 3 townhome development. The property enjoys easy access to various local amenities such as community ctr, schools, shopping cafés along Lonsdale, not to mention quick access to Hwy and transit.
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.