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.
Amazing opportunity to buy and build a small scale mixed use boutique building project in the heart of downtown White Rock. This could be a retirement project for someone to live in a penthouse and rent out a fully stratified building which could easily be sold individually in the future. Or for someone transitioning from single family construction to multifamily. Or maybe a great CMHC rental project for experienced players. 3rd reading done for a 4 story mixed use boutique building - 1 commercial, 8 two bed condos and 2 three bed penthouses all with ocean views. Buildable area approx. 15,500 sq.ft. Zoned CR-2. BC Assessment as is for just the raw land is $2,752,300! Selling as-is where-is
Amenities
Shopping Nearby No Outdoor Area
Features
Washer Dryer Dishwasher Refrigerator Stove
Listed By: Century 21 Coastal Realty Ltd.
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.
