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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.
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7250 52 Nelson Avenue, Burnaby
MLS®: R2993425
4208
Sq.Ft.
6
Baths
8
Beds
9,089
Lot SqFt
1966
Built
680
$/Square Foot
Description
Rarely available non-stratified side-by-side duplex on a massive 9,000+ sq ft lot just 15 minutes’ walk to Metrotown and the SkyTrain! Each side features a spacious 2-bedroom main floor with basement suites including a 2-bedroom and a studio – offering 5 rental income streams. Live in one side and rent out the rest – a true cash cow in a prime Burnaby location. Excellent for investors, end-users, or developers with huge redevelopment potential (adjacent lot also for sale). Steps to shopping, transit, and schools – this is an unbeatable opportunity!
Taxes (2024): $7,654.06
Amenities
Independent living
Shopping Nearby
Garden
Balcony
Private Yard
Storage
In Unit
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
Fire Sprinkler System
Smoke Detector(s)
Window Coverings