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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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2238 Edinburgh Street, New Westminster
MLS®: R2969591
1660
Sq.Ft.
2
Baths
4
Beds
6,098
Lot SqFt
1950
Built
Description
INVESTMENT OPPORTUNITY!! Located in the highly desirable and rapidly growing Connaught Heights neighbourhood, this prime property presents an outstanding opportunity for developers. The site is zoned for Residential Ground Oriented Infill, offering excellent potential for a townhouse development. The city is proposing higher density, including High-rise/Low-rise condo buildings in this area. Additionally, if you are just looking for a great property for rental income this home has two rental incomes!! This home as had renovations completed in the past!
Taxes : $5,777.81