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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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7520 Canada Way, Burnaby
MLS®: R3046897
2502
Sq.Ft.
4
Baths
7
Beds
7,922
Lot SqFt
1935
Built
749
$/Square Foot
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Description
The property sits on a 66*122 feet rectangle lot with backlane access. Total 6 bedrooms, four full bathrooms with over 2500 sqft living space. Basement level has two sets of one bedroom suites with separate entrances. Ground level and upper level each has two bedroom suite or can be combined with a bigger family home of four bedrooms. About 75% renovations done. The property will be sold "as is, where is". Detailed reno list can be provided upon request. The original R1 zoning changed to new R1 SSMUH District, which allows up to 6 multiunits under city''s approved building designs. Great potentials for steady rental income and multi-unit development.
Taxes (2025): $6,147.31
Amenities
Private Yard
Features
Washer
Dryer
Dishwasher
Refrigerator
Stove
