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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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15232 88 Avenue, Surrey
MLS®: R2887050
3738
Sq.Ft.
4
Baths
5
Beds
18,583
Lot SqFt
1980
Built
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Description
Opportunity to acquire a .43 acre multifamily development site in Fleetwood Town Centre. Located within 800m of TOA (Trasit-Oriented Areas) with minimum allowable desity (FAR/FSR) of 3.0 and upto 8 storeys height. Bus stop is right next to the property and all the major amenties are within few mintues walk. Within the same block of this property there is project has 3rd reading from city of Surrey for a 6-storey residential apartment building with a childcare centre. Curretly house is rented in four sections and earning aprox $10k per month in rents.
Taxes (2023): $7,708.35
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