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.
What is your availability for a viewing?
1638 E 8th Avenue, Vancouver
MLS®: R2520323
$3,199,000
mtg / month
3445
Sq.Ft. 4
Baths 6
Beds 6,100
Lot SqFt 1911
Built
Fantastic investment property with FUTURE DEVELOPMENT POTENTIAL. A rare opportunity to own this 4 level home w/4 separate suites in a highly convenient location off Broadway & Commercial. Spacious home sitting on a large 50x122 sq ft lot & currently generating $8250/m plus $200/m on average from the coin operated laundry machines which equals over $100,000 in annual income. The home had over $250,000 in renovations in 2005. Updated kitchen w/beautiful cabinets, granite counters, ss appliances, new roof, windows & stucco are just a few updates to mention. All levels & the basement have separate entries, bathrooms & kitchens. 2 blocks from the skytrain station. Two garage spaces w/lane access-one garage converted into a warehouse & the other garage generating rental income. Call for details.
Taxes (2020): $8,520.79
Amenities
In Suite Laundry Shared Laundry
Features
ClthWsh Dryr Frdg Stve DW
Listed By: RE/MAX Select Properties
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.
