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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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285 E 48th Avenue, Vancouver
MLS®: R3105319
1808
Sq.Ft.
2
Baths
4
Beds
4,158
Lot SqFt
1949
Built
Description
Builder and investor alert. Rare opportunity to secure a 33 x 126 lot in a convenient and established East Vancouver neighbourhood just off Main Street. This is an ideal property for redevelopment. Surrounded by newer construction and ongoing neighbourhood renewal, this property presents excellent potential to build a custom home or hold as a long term investment. Live or rent in this solid 4 bedroom home with separate main and basement units. Well located close to parks, schools, Langara college, transit, and the vibrant shops and restaurants along Main Street. A great chance to secure land value in a highly desirable Vancouver community.
Taxes (2025): $9,151.08