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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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3716 W 16th Avenue, Vancouver
MLS®: R2982029
2129
Sq.Ft.
3
Baths
5
Beds
3,630
Lot SqFt
1926
Built
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Description
Investor and Builder Alert! A rare chance to build multifamily housing with access from both 16th and 17th Avenue. This property features two 2-bedroom units and one 1-bedroom unit, each with its own kitchen, offering excellent flexibility and strong mortgage helper potential. Conveniently located just steps from restaurants, bus stops, supermarkets, clinics, and schools. Walking distance to Lord Byng Secondary (5 min) and Queen Elizabeth Elementary (7 min), with easy access to UBC via a 10-minute bus ride. School Catchment: Queen Elizabeth Elementary & Lord Byng Secondary.
Taxes (2024): $10,017.03
Features
Washer
Dryer
Dishwasher
Refrigerator
Cooktop
Oven
Range
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