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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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20994 Lougheed Highway, Maple Ridge
MLS®: R2553470
1745
Sq.Ft.
0
Baths
3
Beds
15,500
Lot SqFt
1948
Built
Virtual Tour
Description
DEVELOPMENT/INVESTMENT ALERT! This 15,500 sf flat lot is located in an area prime for development. The District of Maple Ridge has indicated support for ground oriented multi-family as part of the Lougheed Transit Corridor Concept Plan. Close to shopping, schools, parks, transit and potential future rapid transit projects. House can be lived in as is or rented out while holding during development process. Development potential of up to 6 townhouses.
Taxes (2020): $4,298.35
Amenities
Garden
Independent living
Features
ClthWsh
Dryr
Frdg
Stve
DW
Security - Roughed In
Storage Shed