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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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918 E 16th Avenue, Vancouver
MLS®: R2872305
3600
Sq.Ft.
4
Baths
8
Beds
6,039
Lot SqFt
1985
Built
Description
Shovel-ready, Triplex site in prime Cedar-Cottage 1 blk away from Charles Dickens school. Thoughtfully designed plans for 2- 3bdrm homes, and 1- 4 bdrm home, with large crawl spaces, balconies, and detached garage for each unit. Current house is well-kept, 3700 SF , 4 bdrm up, 2+2 bdrm suites down Vancouver special that could be rented for $8K+/month. Additional 220v plug upstairs- easily convert into 2 suites upstairs and a total of 4. SA permit issued, services still connected. BP 'ready to be issued'. Pls contact for copy of building plans and other info.
Taxes (2023): $8,949.54
Amenities
None
Features
ClthWsh
Dryr
Frdg
Stve
DW
Other - See Remarks