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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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10160 River Drive, Richmond
MLS®: R2560951
3241
Sq.Ft.
6
Baths
8
Beds
7,888
Lot SqFt
1945
Built
Description
ATTENTION! Builder & Investor Alert!! 7888 Huge lot with 8 bedrooms and 6 bathrooms. Tenants occupied, potential monthly rental $5500-$6000. Centrally located easy access to Hwy 99 & 91. Vancouver, Ladner, Delta and Burnaby. Walking distance to Costco, River Rock Casino, Canada line. Across from the Fraser river dyke trail for your nature walk, run and bike ride. Great opportunity for investment! Great Cash flow from rental income . Hold it or rebuild a new one!
Taxes (2020): $3,700.82
Features
Clothes Washer
Dryer
Dishwasher
Microwave
Range Top
Refrigerator