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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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7440 Belair Drive, Richmond
MLS®: R2996798
1278
Sq.Ft.
1
Baths
2
Beds
7,675
Lot SqFt
1956
Built
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Description
Located in the highly sought-after Broadmoor neighborhood of Richmond, this 7,675 sq ft lot (66’ frontage) offers incredible potential for future development. South-facing backyard with convenient back lane access—ideal for building a laneway home or new custom residence. The existing 2 bed / 1 bath home (approx. 1,278 sq ft) is in livable condition and offers great rental potential. Detached single garage adds flexibility. A perfect property to hold, rent, or build. Excellent school catchment: Errington Elementary and Steveston-London Secondary. Don’t miss this rare opportunity in a prestigious location!
Taxes (2024): $6,137.64
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