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.
Exceptional investment & redevelopment opportunity in the highly desirable Moodyville neighbourhood. Prime south-facing property is ideally located in Lower Lonsdale just steps from waterfront, shops, restaurants, parks, and transit. The property currently contains 4 suites, offering strong holding income potential while planning for future redevelopment. Zoned RG-3 with an Official Community Plan designation of Residential Level 4 (1.25 FSR), this site presents excellent future development potential (buyer to verify with the City of North Vancouver). Existing building floor plans are available in the photo package for reference. Property is being sold on an “as is, where is” basis. A fantastic investment or holding property in a rapidly evolving area.
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.
