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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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6560 Williams Road, Richmond
MLS®: R2976888
3639
Sq.Ft.
5
Baths
7
Beds
8,712
Lot SqFt
1993
Built
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Description
.Located in the Woodwards neighborhood, the property is within close proximity to several reputable schools, including Steveston-London Secondary School, Richmond Christian School, and John T. Errington Elementary School. This makes it an excellent choice for families seeking quality education options nearby. For developers, this property presents a unique opportunity. It is part of an assembly with neighboring lots at 6520 and 6580 Williams Road, totaling approximately 35,446.05 sq ft with a 0.6 Floor Space Ratio (FSR). A rezoning application has been submitted for the development of 16 townhouse units, indicating significant investment potential.
Taxes (2023): $5,852.94
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