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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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2205 E 1st Avenue, Vancouver
MLS®: R2441776
2110
Sq.Ft.
2
Baths
7
Beds
4,026
Lot SqFt
1924
Built
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Description
Corner lot house in a great, central location with development potential under the Grandview-Woodland Community Plan. Minutes to Downtown and literally steps to Commercial Drive. Develop this prime location as part of a LAND ASSEMBLY or HOLD and enjoy. Great Location, Nearby parks and schools. The Drive is at your doorstep. RM-12N zoning. Possible 3.4 storey townhouses, triplexes, duplexes. 1.35 max FSR. Option for 4 storey apartments with minimum 120' frontage. 1.7 FSR Check zoning and details with COV
Taxes (2019): $4,593.17
