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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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20138 Lorne Avenue, Maple Ridge
MLS®: R2892396
1433
Sq.Ft.
1
Baths
3
Beds
19,166
Lot SqFt
1940
Built
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Virtual Tour
Description
INVESTOR ALERT! This property has BIG potential for buyers looking for development or more..... The lot measures 160 feet in frontage by 120 feet in depth and is currently zoned RS-1 which allows for single family residential development. However, the Official Community Plan (OCP) supports a range of zoning options, including R1, RT-1 (Duplex), RT-2 (Triplex), CD-1-93 & RS-1B which provides significant development potential. In addition to huge opportunity, the character home is well kept and updated. Property has detached double garage with an RV bay, cleanout + storage room. Live, Enjoy, Hold, Rent or Develop, the possibilities are endless.
Taxes (2022): $6,071.88
Amenities
Shopping Nearby
Garden
Private Yard
Storage
Workshop Detached
Shed(s)
Features
Washer
Dryer
Dishwasher
Refrigerator
Cooktop
Window Coverings
