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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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780 Victoria Drive, Vancouver
MLS®: R2907661
2388
Sq.Ft.
3
Baths
6
Beds
3,943
Lot SqFt
1910
Built
Description
FANATASTIC INVESTMENT OPPORTUNITY! Excellent location, steps to the Drive. This is one of the best-priced properties in the neighborhood. This building has multiple rental units, beautifully maintained suites, great tenants. Projected gross income of $72,000/year. Can also be purchase with neighbouring property, SAME OWNER NEXT DOOR. Excellent development upside potential combined with 1925 Adanac, purchased together will make for an 11,829 sqft development site. All showings are by appointment only.
Taxes (2033): $4,860.09
Features
Refrigerator
Stove