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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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5405 College Street, Vancouver
MLS®: R2923819
2335
Sq.Ft.
2
Baths
7
Beds
5,673
Lot SqFt
1941
Built
Description
Solid two-suite home on an oversized 5,672 sqft irregular shaped lot. Main floor 4 bedroom suite. Top floor 3 bedroom suite. Detached garage with storage area. Fenced backyard. So many options with this property: Keep the current tenants for great rental revenue, move into one suite and rent out the other, redevelop for higher density (check with City for redevelopment options). It is also a great property for co-ownership.
Taxes (2023): $6,206.41