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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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35 W King Edward Avenue, Vancouver
MLS®: R2894524
1915
Sq.Ft.
2
Baths
4
Beds
7,456
Lot SqFt
1939
Built
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Description
ATTENTION INVESTORS & DEVELOPERS! Prime 50' x 149' LOT 2 blocks west of vibrant Main Street, 4 blocks east of Cambie and the Canada Line. Excellent holding property with opportunities to redevelop as a stand-alone site or as part of a potential land assembly. 1.2 FSR obtainable for townhouse development under CoV's Cambie Corridor Phase 3 policy, or take advantage of provincial Transit Oriented Area legislation allowing up to 3.0 FSR, buyer to do own due diligence. House is in good shape and currently tenanted.
Taxes (2023): $10,238.60
