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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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10240 Michel Place, Surrey
MLS®: R2649595
2200
Sq.Ft.
2
Baths
6
Beds
19,645
Lot SqFt
1977
Built
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Description
Fantastic investment/development opportunity: an actual duplex(10240-10242 Michel Pl.) on a site of nearly 20,000 sqft located in the rapidly growing metropolis core center of Surrey. The house was considerably remolded in 2017, with new fence installed around the property. It's up to your option: Buy it today to hold with considerable rental cash flow, or develop with the neighbors. The scarce of big developable land lots in Surrey City Center makes this property the dream of almost every investor and developer. Act today today to secure it.
Taxes (2021): $4,995.52
