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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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1186 Sunshine Coast Highway, Gibsons
MLSยฎ: R2851642
2259
Sq.Ft.
3
Baths
4
Beds
421,922
Lot SqFt
1965
Built
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Description
Perfectly level acreage, with highway frontage. This property measures almost 10 acres and is only separated by 1 property from the Town of Gibsons border. The properties directly across the street are zoned commercial and some of the surrounding properties make this a very attractive argument to remove from the ALR to increase density or zone into mixed use commercial/ residential. This is a great long term hold complete with an existing Tenant on month to month at $3100/ month and willing to sign long term. Property is owned in a single asset BC Corporation so this is a possible share purchase as well.
Taxes (2023): $3,998.51
Features
ClthWsh
Dryr
Frdg
Stve
DW
Listed By: Sutton Group-West Coast 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.