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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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8260 Francis Road, Richmond
MLS®: R2886662
3094
Sq.Ft.
2
Baths
4
Beds
9,750
Lot SqFt
1966
Built
Description
HUGE 9750 Sqft lot "SUBDIVISION POTENTIAL". Central location! Potential for subdivision into two single family lots or for multiple units. Solid Built 2 story home has over 3000 Sqft interior, in a very good shape and livable condition. Large fenced south facing back yard, long driveway that could easily fit your RV. The property is located at a convenient location in a nice neighbourhood, mins away from Richmond Centre and within walking distance to transit and to some of Richmond's most renown educational institution including St. Paul School, RC Palmer, and Hugh McRoberts Secondary. Build or renovations and hold, endless oportunities, won't go wrong with this one.
Taxes (2023): $6,228.38