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.
Mortgage rates are estimates of current rates. No fees are included.
Perfect opportunity for a small business, prime location - historic 5 Way corner plaza in Cloverdale, zoned C4. Permitted for: convenience store, video rental store, florist shop, eating establishement, barber shop, beauty parlour, cleaning and repairing clothes, shoe repair shop. Build a freestanding building up to 2,000 sq ft with one or two commercial spaces. Easy access, corner lot across from 7 Eleven. Ready for building permit. Proposed Building Plans attached in 'Documents' section. Buyers or buyers' agent to verify with City. Excellent opportunity.