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.
BUILDERS & INVESTORS! – Rare development opportunity in Central Lonsdale! This original home sits on a large, flat 50 x 146.9 ft (7,345 sf) lot with lane access. Currently zoned for SSMUH (Small-Scale Multi-Unit Housing), allowing for up 4-6 units under current guidelines. The existing house is in mostly original condition, making it ideal as a land value purchase for builders, developers, or investors. Just steps to Lonsdale’s shops, parks, schools, and transit, this property offers prime location plus excellent redevelopment potential.
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.
