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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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2358 Kensington Avenue, Burnaby
MLS®: R2987235
2568
Sq.Ft.
3
Baths
6
Beds
8,316
Lot SqFt
1966
Built
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Description
INVESTORS AND DEVELOPERS!!! This beautifully situated home is prime for investment. The home has 2 three bedroom suites and will be FULLY TENANT FREE in July 2025. Property will be exempt from RTB rent restrictions offering full flexibility for future rents. LANE ACCESS allows for multiple options for redevelopment. Hold on for a land assembly for Transit Oriented Development, or build multiple units now. With a total of 6 bedrooms plus 2.5 bathrooms this home will be a great source of revenue. This home also has beautiful sunset views to the Southwest and is nicely separated from Kensington by a greenway! Call for your private showing.
Taxes (2024): $5,704.35
Amenities
Balcony
Private Yard
Features
Washer
Dryer
Dishwasher
Refrigerator
Cooktop
Window Coverings
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