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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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11712 97 Avenue, Surrey
MLS®: R2925013
2083
Sq.Ft.
4
Baths
5
Beds
7,956
Lot SqFt
1957
Built
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Description
GREAT OPPORTUNITY FOR INVESTORS & BUILDERS! Build a 3-storey home on this rectangular 7,956 sq.ft. lot (buyer to verify with the city), featuring a 3-bedroom, 1.5-bath upstairs, plus a 2-bedroom basement suite and studio suite for mortgage assistance. Situated in an investor-friendly neighborhood with mountain views, this property offers quiet surroundings with brief traffic during school hours (8:30 am & 2:30 pm), and benefits from a city-designated SIDE-LANE space ideal for future development under new regulations. Located across from Royal Heights Elementary and close to Skytrain and Public Transit, this is a prime investment you won’t want to miss! COME CHECK IT OUT!
Taxes (2023): $4,233.46
Amenities
In Suite Laundry
Storage
Features
ClthWsh
Dryr
Frdg
Stve
DW
Storage Shed
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