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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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934-938 Clarke Road, Port Moody
MLS®: R2539922
2180
Sq.Ft.
3
Baths
4
Beds
8,364
Lot SqFt
1956
Built
Description
Great investment, revenue property or smart starter home. Three self contained legal non conforming suites for rental. Separate electric meters for all units. Total rental income $3,500 approx./month.Electric upgraded to 200 amp. Lots of parking, backing onto ravine. Close to highway, shopping and schools. Great potential for land assembly with the two adjacent lots (926-932 Clarke Rd and 940-942 Clarke Rd, both are really old houses (the whole block of houses at Mount Royal Dr and Seaview Dr). Potential for land assembly for future development.Feel free to drive-by and walk through the house.
Taxes (2020): $3,366.99
Features
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