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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Excellent Cambie corridor development site(2 lots, total $10,000 sqft) for sale with great potential to zone for mid or high rise in the future with the whole block develop together. The site itself can build over 30 units, another 10-12 month to development permit. Drawing is available. Excellent property to hold on or continue the development. (Call listing agent for whole block sale). Current rent income: 7989 Cambie $3000/month month by month/ 7969 Cambie upstairs $1800/monthly till April 30, 2020/ 7969 Cambie Bsmt $1000 month by month
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.
