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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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850 E 12th Avenue, Vancouver
MLS®: R2527165
2388
Sq.Ft.
4
Baths
6
Beds
4,026
Lot SqFt
1912
Built
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Description
Currently a mix of several suites with long term tenants, the house could use TLC, or a full renovation to enhance and upgrade the current rental use, or convert it back to a large single family house with mortgage helper(s). Current income = $5800/mo The furnace is 3-5 years old, h/w tank replaced in past year. City/Mountain views from upper floor. Property scanned for Oil Tank, none found.
Taxes (2020): $4,298.28
Land
Frontage: 33.00", Depth: 122"
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