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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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1337 Kamloops Street, New Westminster
MLS®: R2959371
4630
Sq.Ft.
6
Baths
11
Beds
7,841
Lot SqFt
1957
Built
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Description
This well-maintained 2 Duplex is situated in a rapidly growing neighborhood and offers a solid income stream with excellent tenants in place. The building features three 2-bedroom units, one 3-bedroom unit, and two bachelor units. Zoned RM-5A, this property allows for future development up to a 4-storey building and also Potential Daycare. Please verify with the city regarding the zoning. Recent renovations include updated kitchens, flooring, and a newer roof. Conveniently located near shopping, transit, and Douglas College. A prime opportunity for both investors and developers!
Taxes (2024): $6,765.70
Amenities
Shopping Nearby
Garden
Balcony
Private Yard
Common Area
Features
Fire Sprinkler System
Smoke Detector(s)
