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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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7138 11th Avenue, Burnaby
MLS®: R2233834
3976
Sq.Ft.
5
Baths
9
Beds
8,712
Lot SqFt
1991
Built
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Opportunity knocks! Located right across the upcoming Southgate City in Edmonds Town Centre. Lots of potential for this revenue property, rent and hold or subdivide into 2 x R5 lots & build. Well maintained home sits on a big 66 x 132 lot (8,712 sqft). Features 4 units, each with its own laundry, one 3 bdrm unit and 3 2 bdrm units generating total $4550/month. Walking distance to elementary school, high school, church, shopping and Edmonds Skytrain. All sizes and ages are approx. only. The Buyer should not rely upon the listing information without the Buyer independently verifying the information.
Taxes (2017): $7,327.02
Amenities
In Suite Laundry
Features
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