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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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20583 Dewdney Trunk Road, Maple Ridge
MLS®: R3019837
2756
Sq.Ft.
3
Baths
7
Beds
21,075
Lot SqFt
1970
Built
Description
ATTENTION DEVELOPERS, BUILDERS, INVESTORS!! Boasting approximately 21,000 sq ft, this large, flat lot is prime for re-development. The property is ready to go on its own, no assembly with neighbors necessary. Fully rented for strong cash flows. This property, is located with the Lougheed Transit Corridor Plan, and designated for apartment use. Frontage along Dewdney Trunk Road allows for higher than normal density and height, as per the Official Community Plan. Incredible location with proximity to all amenities, including retail, restaurants, schools, park, transportation, and more.
Taxes (2024): $6,152.38
Amenities
Central Air
No Outdoor Area
Features
Central Air