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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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3550 Welwyn Street, Vancouver
MLS®: R2686560
2288
Sq.Ft.
3
Baths
4
Beds
4,026
Lot SqFt
1906
Built
$0.00
Maint. fees
Description
Great opportunity with this authorized 3 suiter that generates $54,600 annually. Plans submitted for a duplex + infill by a quality architect(1303sf front, 1180sf back, 1006sf infill) comes with lots of potential on this 4,026sqft lot. Also potential to do a duplex. Trendy location in Cedar Cottage, close to great cafes, schools, parks, stores and transit is a 15 minute walk away. Upper 1 bdrm $1075, Main 1 bdrm $1950, Lower 1 bdrm $1525. Some updates over the years, including hardwood floors on the main, gas ranges in all 3 suites, newer roof, high efficiency furnace and a 2016 hot water tank. Shared laundry in the lower level.
Taxes (2021): $4,379.26
Amenities
Garden
In Suite Laundry
Shared Laundry
Storage
Features
ClthWsh
Dryr
Frdg
Stve
DW