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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
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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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Dryr
Frdg
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