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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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1605 E 8th Avenue, Vancouver
MLS®: R2555243
1437
Sq.Ft.
2
Baths
4
Beds
3,385
Lot SqFt
1923
Built
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Description
Central location. Broadway Commercial Station, Commercial Drive. Outstanding amenities, restaurants in one of the most sought after areas of the City. This property has it all! Development and investment opportunity a stone throw away from Broadway and Commercial station. Legal suite tastefully finished and done with permits. RM4N zoning allows up to 1.45 FSR development for the property. Grandview OCP allows for 10 Storey condo development with a FSR of 3.6 Can be sold together with 1625 E 8th as a share sale. Interior pictures prior to tenants moving in. Priced at $155/SF buildable based on 3.6 FSR density. Gross Rent: $4390/Month
Taxes (2020): $6,149.17
Features
Clothes Washer
Dryer
Dishwasher
Refrigerator
Stove
