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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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7229 Lancaster Place, Vancouver
MLS®: R2931527
3100
Sq.Ft.
3
Baths
6
Beds
5,168
Lot SqFt
1965
Built
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Description
Welcome to this well-maintained income property, boasting a solid rental history and a unique 7-room layout. Ideal for investors or those seeking the opportunity to live in one unit while renting out others. With the current zoning regulations, this property offers the potential to be redeveloped into 5 separate units, making it an outstanding opportunity for builders or investors alike. Conveniently located near Champlain Square shopping district, schools, parks, and public transportation, this property is perfectly positioned for both living and investment. Don’t miss out on this golden opportunity to invest in a rapidly growing neighborhood!
Taxes (2024): $8,863.15
Amenities
None
Features
ClthWsh
Dryr
Frdg
Stve
DW
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