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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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1475 Renfrew Street, Vancouver
MLS®: R2888933
2225
Sq.Ft.
5
Baths
9
Beds
4,127
Lot SqFt
2017
Built
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Description
This property sounds like a great investment opportunity. It has multiple living spaces, which can generate good rental income. - Main Floor:Two separate 2-bedroom units, each with its own kitchen suite. - Above Main Floor:One 3-bedroom unit with a kitchen suite. - Laneway House:One 2-bedroom unit with a kitchen suite. Holding this property before rebuilding could maximize your investment returns through rental income. Land assembly with 1465 Renfrew St.
Taxes (2023): $6,751.31
