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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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1652 Frances Street, Vancouver
MLS®: R2540971
3762
Sq.Ft.
6
Baths
10
Beds
4,026
Lot SqFt
2014
Built
$0.00
Maint. fees
Description
A smart investment in a vibrant neighbourhood. Four custom-designed, spacious legal suites directly off Commercial Drive. Three, two-bedroom suites in the main house plus studio suite - one suite per floor and a three-bedroom laneway house. High quality finishings, comfortable and timeless interiors designed and reconstructed in 2014. Many opportunities for this property - live, rent/combination of both - or stratify and hold/sell. This investment presents a 3.7% cap rate - financial statements available to pre-qualified parties. All suites currently rented - showings limited - call today for detailed information on this flexible living opportunity.
Taxes (2020): $6,531.17
Amenities
Bike Room
Garden
In Suite Laundry
Storage
Features
ClthWsh
Dryr
Frdg
Stve
DW