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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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1940 St Johns Street, Port Moody
MLS®: R3080781
2442
Sq.Ft.
4
Baths
6
Beds
8,713
Lot SqFt
1961
Built
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Description
Builder & Investor Alert! Prime Port Moody development opportunity. This exceptional property sits on an elevated site with breathtaking water and mountain views. Zoned 6 unit slab on grade townhome opportunity on the West side of Port Moody. Opportunity for 4 bedroom homes with attached garages and Burrard Inlet water views. Proposed townhome dimensions of 18.5'' x 35'' each with attached garage. Alternatively hold for the future assembly with 6 storey woodframe official community plan designation. Downstairs tenanted. Potential for two lot assembly. Call listing agent for recent Port Moody townhome sales and proforma.
Taxes : $8,547.64
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