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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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5005 Payne Street, Vancouver
MLS®: R2832069
1600
Sq.Ft.
1
Baths
3
Beds
4,851
Lot SqFt
1937
Built
Description
DEVELOPER or INVESTOR ALERT! Prime opportunity to invest in a potential land assembly just steps away from Joyce-Collingwood Skytrain station. The City of Vancouver has zoned this property 4.5 FSR, MID-RISE tower. Neighborhood has easy access to transit, shops, restaurants, local businesses & Westbank's Joyce-Collingwood developments.
Taxes (2023): $6,813.72