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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Opportunity to acquire a medium-density apartment development site over 22,400 square feet 1 block from Como Lake Avenue & Clarke Road in the core of Burquitlam. Steps away from Burquitlam Skytrain Station, Safeway, and many other daily amenities. By the intersection of Clarke Road and Morrison Avenue, this approx 22,432 square feet site is at a convenient location with high walk-ability yet on an inside quiet street. This is the last few remaining sites in close proximity to Como & Clarke that allows for medium density condo developments. Burquitlam has seen increased demands in condo and strong growth. The Burquitlam plans allows this site to be redeveloped into apartment building up to 8 Storeys. Call or e-mail now for information package.
Taxes (2022): $5,660.14
Features
Air Conditioning ClthWsh Dryr Frdg Stve DW Hot Tub Spa Swirlpool Security System
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.