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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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1186 Sunshine Coast Highway, Gibsons
MLS®: R2851642
2259
Sq.Ft.
3
Baths
4
Beds
421,922
Lot SqFt
1965
Built
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Description
Perfectly level acreage, with highway frontage. This property measures almost 10 acres and is only separated by 1 property from the Town of Gibsons border. The properties directly across the street are zoned commercial and some of the surrounding properties make this a very attractive argument to remove from the ALR to increase density or zone into mixed use commercial/ residential. This is a great long term hold complete with an existing Tenant on month to month at $3100/ month and willing to sign long term. Property is owned in a single asset BC Corporation so this is a possible share purchase as well.
Taxes (2023): $3,998.51
Features
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