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.
Prime South Slope opportunity on a quiet cul-de-sac! This 66’ x 122’ (approx. 8,052 sq.ft.) south-facing lot sides onto a park offering exceptional privacy and a serene natural outlook. Zoned R1 SSMUH potential for up to 6 residential units achievable in this transit oriented area (buyer to verify with City of Burnaby), making it ideal for builders, investors, or future development. The existing home is currently tenanted at $5,600/month, providing solid holding income. Rare combination of location, lot size, income, and future density potential in one of Burnaby’s most desirable neighbourhoods.
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.
