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.
SUBDIVIDABLE ELGIN/CHANTRELL PROPERTY – This 2.34 rectangular shaped acreage in the center of the exclusive, desirable estate area of Elgin/Chantrell allows for a number of ownership options. Currently the property features a gated & fully fenced estate with two road frontages (28 Ave & 27 Ave) with a 3,579 sqft well maintained 4 level split home (with separate entrance to the basement) and a 24’ x 32’ detached workshop. The future allowances for multiple potential subdivision options of the 157’ wide x 647’ deep property. Located in the City designated Local Area Plan of the Central Semiahmoo Peninsula, the surrounding area exhibits numerous RA (Acreage Residential Zone) zoned acreage properties approved for denser R1 (Suburban Residential Zone) zoned subdivisions.
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.
