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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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8216 112 Street, Delta
MLS®: R2682660
2548
Sq.Ft.
4
Baths
5
Beds
8,074
Lot SqFt
1967
Built
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Description
8074 sq. ft. lot in the Delta OCP Medium Ground-Oriented Residential(MGR) zone (Up to 30 Units Per Acre) Check with City hall). Application to rezone from current RS1 required to build townhomes. Value of the property is in the redevelopment potential. Perfect house to live in and develop in future, Nice clean house and has Legal 2 bedroom unauthorized suite for rental income.
Taxes (2021): $3,821.46
Features
ClthWsh
Dryr
Frdg
Stve
DW
Listed By: RE/MAX Dream Home Realty
Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy.