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.
This amazing 39.2 acre property located at the top of Davis Bay was the Canfor Seed Orchard for many years. 2 large parcels of land with gentle topography with ocean views and excellent soil for development. This property would be an excellent housing development with a rezoning or a private estate. Zoning is currently RU-2 reserved for large parcels of land with limited servicing. This is a once in a lifetime purchase in a 10 out of 10 location.
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.
