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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1335 E 12th Avenue, Vancouver
MLS®: R2799007
$2,350,000
mtg / month
2510
Sq.Ft. 2
Baths 7
Beds 4,026
Lot SqFt 9999
Built
Old timer home. Property is sold AS IS WHERE IS but livable. Perfect for Investor/Developer & Opportunity to acquire two high exposure full city lots at 33' x 122' as part of a land assembly with the possible addition of two other lots situated on the Northeast corner of E12th Avenue/ Clark Drive in Vancouver. Great location for a Nonprofit or full rental opportunity aligning with the cities desire to increase housing stock, property is sold w/ 1329 sit in the Grandview-Woodland Community Plan, already zoned RM-11N Multiple Dwelling, which allows for residential buildings up to 1.7 FSR. Also potential for increased density up to 6 Storeys (up to 3.0 FSR) based upon a usage and guidance from the city. Do not disturb owners. Call List agent
Taxes (2023): $6,245.29
Amenities
None
Features
Range Top Refrigerator
Listed By: Grand Central 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.