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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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11507 Latvalla Lane, Maple Ridge
MLS®: R2528603
2306
Sq.Ft.
2
Baths
3
Beds
17,160
Lot SqFt
1941
Built
Description
***INVESTOR/BUILDER ALERT*** City of Maple Ridge would support sub-division into two lots: One RT-2 Lot allowing for a Triplex, and One R-1 allowing for a single family home. Written confirmation from this city regarding their support of this project is available. Currently a three bdrm house is situated on this 17,160 sq ft lot. Live or rent out while you get your ducks in a row for development. Roof done in 2016. Natural gas stove in kitchen. RV parking and drive access to backyard. Over sized driveway with tons of parking. Huge gated, private backyard for your summer enjoyment with a large attached garage and detached work shop. Showing by appointment only.
Taxes (2020): $4,657.91
Amenities
In Suite Laundry
Storage
Workshop Detached
Features
ClthWsh
Dryr
Frdg
Stve
DW