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.
Future development opportunity across from Hume Park in the rapidly growing City of New Westminster. Approximately 15-minute walk to Braid & Lougheed SkyTrain Station. This property is designated as RGO Residential - Ground Oriented Infill Housing allowing for future TOWNHOUSE, ROWHOUSE, QUADPLEX, TRIPLEX, and DUPLEX development. Combine with neighbouring property, 651 E Columbia Street, for an approximately 18,030 sf Townhouse development site. Property to be sold on an "As-is, Where-is" basis. Land for sale with land assembly potential. Offers welcome after April 19th. Buyer to verify development potential with the City of New Westminster planning department, including, but not limited to, the C.A.C.'s and D.C.C.'s.
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.
