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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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850 E 12th Avenue, Vancouver
MLSยฎ: R2527165
2388
Sq.Ft.
4
Baths
6
Beds
4,026
Lot SqFt
1912
Built
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Description
Currently a mix of several suites with long term tenants, the house could use TLC, or a full renovation to enhance and upgrade the current rental use, or convert it back to a large single family house with mortgage helper(s). Current income = $5800/mo The furnace is 3-5 years old, h/w tank replaced in past year. City/Mountain views from upper floor. Property scanned for Oil Tank, none found.
Taxes (2020): $4,298.28
Listed By: LeHomes 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.