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.
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1949 E 1st Avenue, Vancouver
MLS®: R2696628
$2,228,000
mtg / month
2824
Sq.Ft. 4
Baths 8
Beds 4,109
Lot SqFt 9999
Built
DEVELOP as part of a LAND ASSEMBLY or HOLD for terrific cash flow: 3 Suites, 8 Bedrooms, 4 Baths. Developers or Investors: this lot is on a RM-11N zoned block prime for 4 storey development. See attached Documents to learn more about the CITY INITIATED LAND ASSEMBLY OF 4 STOREY APARTMENT BUILDING with 1.7-2.4 FSR in the Grandview Woodland neighbourhood. STEPS TO THE DRIVE, with all the amenities of the drive at your fingertips. House is well maintained and will provide strong cashflow until development. Please do not disturb occupants. Call our Team today for more information on the Land Assembly, zoning documents, Autoprop report, Landcor reports and more development details.
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.