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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6587 Granville Street, Vancouver
MLS®: R2785369
$5,000,000
mtg / month
2839
Sq.Ft. 2
Baths 4
Beds 12,111
Lot SqFt 1945
Built
Potential Land Assembly or great opportunity to develop 4-6 strata units under the new Make Home policy. 66' x 183.5 lot = 12,111 sqft. Develop this potential land assembly located between W.49th & W. 52nd on the Westside of Granville Street. These massive 66' x 183.5' Lots equal 12,111 sqft in total which one could develop two lots up to 11 lots for a total of 735' Frontage on Granville Street. City of Vancouver would potentially allow Senior Housing, Rental Housing or Affordable Market Units. There are many sites but not many great sites & opportunities like this one. This will be one solution to the current housing crisis & affordability!
Taxes (2022): $11,885.80
Listed By: eXp Realty
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.