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.
LOCATION!! 9,624 sf commercial space @ Richmond's Three West Centre, corner of No. 3 @ Westminster. Flexible zoning permits myriad of uses: office, medical, dental, restaurant, restaurant, health/fitness club, private club, religious assembly, education, even hotel and more. Currently improved as an office with street front entrance, private elevator and stairs leading up to a reception lobby; 2 boardrooms, 25 office rooms, large bull-pen, 4 washrooms, vented kitchen, and another private elevator. Back door leads directly into the carpark.High exposure with 135 feet of window frontage on No. 3 Rd. Possible 5% cap or possibly more (estimated). Vacant possession.
