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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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1247 Ewen Avenue, New Westminster
MLS®: R2932703
2865
Sq.Ft.
3
Baths
7
Beds
10,800
Lot SqFt
1970
Built
Description
Investors, builders, and families—this property is a true wild card you can’t afford to miss! This 80ft wide lot comes with preliminary approval previously granted for (2) two 40’ x 120’ lots, offering excellent potential for future multi-unit development. Located on a quiet section of Ewen Ave in the desirable Queensborough area, this near quarter-acre property is a prime investment. Whether you’re ready to subdivide now or in the future, the current home is in great condition, featuring 7 bedrooms, a self-contained suite, and the potential for another suite. With options for subdivision, rental income, or comfortable family living, this property is a versatile gem!
Taxes (2024): $7,047.62
Features
Clothes Washer
Dryer
Drapes
Window Coverings
Refrigerator
Stove