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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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314 Stanley Street, New Westminster
MLS®: R3028931
1524
Sq.Ft.
1
Baths
2
Beds
21,784
Lot SqFt
1947
Built
Virtual Tour
Description
Unlock the potential of this M1-zoned property! Currently featuring a long-time family home , non-conforming and in need of some TLC — that’s been loved by the original owner for over 60 years. The lot carries an OCP Land Designation for RM Residential, offering exciting opportunities for renovation or redevelopment. Whether you’re looking to restore the existing home or invest in future growth, this is a rare find you don’t want to miss. Contact the City for details on the OCP and development process, and reach out for an information package today.
Taxes (2023): $10,355.84
Amenities
No Outdoor Area
Features
Stove