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.
The Colonial Apartments – a rare Heritage “A” building in Central Lonsdale, perfect for investors or those who value character and future potential. This three-storey walk-up features six 2 bedroom, 1 bathroom self-contained suites currently rented, with significant upside. While the building would benefit from updates, it is priced to reflect the opportunity to add value and restore a notable piece of North Vancouver’s architectural history. Zoned RM-1 (Medium Density), the property allows a 1.6 FSR with potential for an additional 1.0 FSR bonus, creating excellent redevelopment or future density potential. Steps from Whole Foods Market, restaurants, transit, and Lions Gate Hospital. Can be combined with 164 & 166 East 10th St for ~12,000 sq ft development site.
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.
